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Europe’s CCS plans too expensive to be viable – think tank
The financial, technical and legislative hurdles faced by most carbon capture and storage (CCS) projects across Europe make them too...
Tseles John
Oct 14, 20242 min read
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Approval in Principle for Samsung's floating CO2 storage unit design
South Korean shipbuilder Samsung Heavy Industries (SHI) has been awarded an Approval in Principle (AiP) for its design of a Floating CO2...
Tseles John
Oct 14, 20242 min read
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New study for opportunities and challenges of OCCS to decarbonize shipping
The project Realising Maritime Carbon Capture to Demonstrate the Ability to Lower Emissions (REMARCCABLE)  was carried out by the Oil...
Tseles John
Oct 14, 20242 min read
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Denmark sets aside $4.2 billion as part of its third fund for CCS
The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK...
Tseles John
Oct 9, 20242 min read
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Elengy's partnership for France’s CO2 transport and liquefaction network
Following June’s call for expressions of interest (CEI) to develop a network of CO2 transport infrastructure in France, French liquefied...
Tseles John
Oct 9, 20242 min read
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Norway’s $2.8 billion full-scale carbon capture transport and storage project at the finish line
While disclosing that its Longship project is nearing completion, the Norwegian government highlighted that it intends to continue its...
Tseles John
Oct 8, 20243 min read
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BP and Equinor among recipients Of $28.5B UK CCUS investment
A groundbreaking carbon capture, utilization, and storage (CCUS) project has received the green light from the UK government. Led by...
Tseles John
Oct 8, 20242 min read
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UK Government to make massive $28.5 billion Carbon Capture Investment
The Government of the UK has pledged nearly £22 billion (~ $28.5B) of funding for carbon capture and storage (CCS) projects on the...
Tseles John
Oct 8, 20244 min read
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ABS awards AiP to new liquid CO2 carrier designs from Japanese consortium
The American Bureau of Shipping (ABS) has awarded approval in principle (AiP) to two new liquid carbon dioxide (CO2) carrier designs...
Tseles John
Oct 3, 20241 min read
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Provaris and Yinson team up to develop CO2 tank designs for marine transport
Provaris Energy Ltd (Provaris) and Yinson Production Offshore Pte Ltd (Yinson) have announced a joint development agreement to co-design...
Tseles John
Oct 2, 20242 min read
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ClassNK conducted practical operation of Onboard CCS System (OCCS)
In late April this year, the OCCS system installed on Evergreen's neopanamax container vessel (Flag: Panama, RO: ClassNK) successfully...
Tseles John
Oct 2, 20241 min read
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Northern Lights celebrates completion of world’s first commercial CO2 transport and storage service
Historic day for CCS: Northern Lights JV in 26-09-2024, unveiled the completed CO2 receiving facilities in Øygarden, Norway. The onshore...
Tseles John
Oct 2, 20243 min read
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IMO and onboard carbon capture, storage and sequestration (long read)
As the maritime industry works towards decarbonisation, International Maritime Organisation (IMO) is driving the advancement of...
Tseles John
Sep 23, 20244 min read
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Lloyd’s Register awards HD Hyundai Mipo AiP for 20,000 cbm LCO₂ Carrier
HD Hyundai Mipo Co., Ltd. (HMD) has received approval in principle for a 20,000 cbm LCO₂ carrier from Lloyd’s Register (LR), following...
Tseles John
Sep 23, 20242 min read
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'Massive investment’ needed in global LCO2 carrier fleet
To reach net zero by 2050, at least 6 gigatonnes per annum (gta) of CO2 will need to be captured and stored, according to IEA, and 10-20%...
Tseles John
Sep 22, 20243 min read
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DOE reveals plans for $1.8 billion funding for DAC Hubs
The U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) announced plans to allocate up to $1.8 billion to support...
Tseles John
Sep 22, 20242 min read
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ABS greenlights HD Hyundai Mipo’s LCO2 carrier design
Classification society ABS has awarded approval in principle (AiP) to South Korean shipbuilder HD Hyundai Mipo Dockyard (HMD), a division...
Tseles John
Sep 19, 20242 min read
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HD Hyundai onboard carbon capture system (OCCS) gets green light
A group of HD Hyundai affiliates has received an approval in principle (AiP) from DNV for an onboard carbon capture and storage system...
Tseles John
Sep 18, 20241 min read
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Approvals issued for the design of 23,000 cbm and 50,000 cbm LCO2 carriers
Classification societies ClassNK and the American Bureau of Shipping (ABS)Â have issued approvals in principle (AiPs) for the design...
Tseles John
Sep 18, 20242 min read
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KNCC and PACE complete study on high pressure LCO2 shipping
Knutsen NYK Carbon Carriers AS (KNCC), a joint venture company between NYK Line and Knutsen Group, and Pace CCS (Pace) have completed a...
Tseles John
Sep 13, 20243 min read
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