INSTALLING CARBON CAPTURE AND STORAGE UNITS ON EXISTING SHIPS – FEASIBILITY STUDY AND DESIGN
Carbon capture and storage (CCS) technology has enormous potential to help hard-to-decarbonize industries minimize their CO2 emissions. In 2021, CCS technology captured 40 million tons of CO2, notably from onshore industrial projects. Now in 2023, it offers a promising solution for reducing greenhouse gas (GHG) emissions from shipping.
This will be crucial to meeting climate targets set by the International Maritime Organization (IMO), including a minimum 50% reduction in GHG emissions from shipping by 2050(1). This target, and its accompanying legislation, have created a prime opportunity for CCS technology to decarbonize the marine industry.
Bureau Veritas set out to study the feasibility of integrating CCS technology onboard in-service vessels. We partnered with Wah Kwong and QIYAO Environmental Technology in installing CCS units onboard two in-service ships.