Lloyd's Register’s Post

#CarbonCapture 🔳 Onboard carbon capture is likely to be required as alternative zero emission fuels are unlikely to be available in the necessary quantities and prices to achieve the IMO’s 2050 and interim targets. 𝐕𝐞𝐬𝐬𝐞𝐥𝐬 𝐜𝐚𝐩𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐚𝐫𝐫𝐲𝐢𝐧𝐠 𝐂𝐎𝟐: ✔️ Capital Ship Management Corp. has speculatively ordered two far larger 22,000 cbm CO2 carriers, which are also designed to be able to carry LPG and ammonia. These are being built at the Hyundai Mipo shipyard, South Korea, with anticipated delivery in 2025-2026. Since they have no specific CCS project to fulfil, their multi-capability means they will have the flexibility to undertake carriage of other liquified gases. 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐚𝐥 𝐢𝐬𝐬𝐮𝐞𝐬 𝐚𝐧𝐝 𝐫𝐢𝐬𝐤𝐬 𝐨𝐟 𝐂𝐎𝟐 𝐜𝐚𝐫𝐫𝐢𝐚𝐠𝐞: CO2 has unusual characteristics, which make it a challenging cargo to carry. It requires both pressure and refrigeration to be carried in liquid form. The higher the temperature, the higher the pressure required, and vice versa. The most efficient option, in terms of technology and cost, for transport is in a compressed liquid state, close to the so-called ‘triple point’ (-56.6oC, 5.18bar): the temperature and pressure at which solid, liquid, and gaseous forms of CO2 coexist in thermodynamic equilibrium. This brings with it the risk of freezing during operations, and so safer handling may dictate a slightly higher temperature and pressure. #CII #Sustainability #GreenTech #Decarbonization #Decarbonisation #CCS #CCUS #CO2capture https://lnkd.in/djhxp79Z

ONE Orders First Methanol-Fueled Ships In the ongoing pursuit to lower the carbon footprint of cargo ships carriers are placing orders for methanol-fueled ships. Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction of twelve 13,000 TEU methanol dual-fuel containerships. These will be the first methanol-dual fuel vessels in ONE’s fleet, marking a significant step in the company’s green strategy. ONE has signed contracts for the vessels with Chinese shipbuilders Jiangnan Shipyard and Yangzi Jiang Shipbuilding. Each shipyard will construct six vessels, with deliveries commencing in 2027. The vessels will be equipped with state-of-the-art energy efficiency technologies such as optimized hull form, waste heat recovery systems, and a bow windshield. Selected vessels will also feature an air lubrication system and shaft generator, which will contribute to enhancements in fuel efficiency and the reduction of greenhouse gas (GHG) emissions. This shows that shipping companies are investing in new technology. to read more about this move click on the link below. #maritimeindustry #ships #greentechnologies https://lnkd.in/dxX3aGQK

The demand for LCO2 carriers is on the rise, and it's expected to grow even further in the future. According to the Global CCS Institute, the carbon capture and storage sector will grow by more than 30% each year, with global carbon capture reaching 7.6bn tonnes by 2050. Research consultants Rystad Energy estimates that there will be demand for 55 CO2 carriers by 2050 to serve planned carbon capture and storage projects. Forecasts are there will be around 90m tonnes of captured carbon to be shipped annually by the end of the decade. MOL, in collaboration with charterer Kepco, is currently working on developing a CO2 carrier design that will be able to meet the increasing demand. The ship type will also get bigger, with HD Korea Shipbuilding & Offshore Engineering unveiling designs for 74,000-cbm, 40,000-cbm, and 30,000-cbm vessels classed by the ABS and Lloyd’s Register. https://lnkd.in/ga_5JV3h

A 2023 report from the Global CCS Institute states that current carbon capture and storage (CCS) projects in operation can capture and store about 50 megatons of CO2 annually, while International Energy Agency (IEA) data shows that we need to capture a total of 7.6 billion tons of CO2 every year until 2050 to meet decarbonization targets. This means that between now and 2050, CCS capacity must be 100 times greater than it currently stands if we are to achieve net zero by mid-century. In a recent article for DNV’s #maritimeimpact, Mathias Sørhaug, Business Development Director CO2 Shipping at DNV Maritime, discussed the challenges that must be overcome to scale CCS in the maritime industry. He notes: “Essentially, for CCS to be a commercially attractive option for decarbonization, the cost of capturing, transporting, and storing CO2 must be lower than the carbon price.” Read more in SAFETY4SEA: https://dnv.social/53b #Maritime #CCS #Decarbonization

📍#AlternativeFuels📍 ✅ #Decarbonising shipping could double the cost of transporting goods 🚀 by containers, according to a new report from class society DNV 📊. ✅ The in-depth report provides an updated outlook on regulations, drivers, technologies and fuels needed for maritime decarbonisation 🌎, including four scenarios exploring conditions that could accelerate the adoption of specific fuels 🔥 and technologies by 2050. ✅ The study emphasises that regardless of which direction the industry’s decarbonisation 💭 journey takes, it will come at a significant cost 💰. The four simulated scenarios project these cost increases per transport work 📈; with estimates ranging from 👉 69-75% for bulk carriers, 👉 70-86% for tankers, and 👉 91-112% for container vessels. 📌 Source : Splash247 #lng #lngindustry #lngshipping #lngbunkering #gtt #mossdesign #naturalgas #shipping 

At the end of 2023, the world's first ammonia project for bulk carriers launched with the collaboration of CMB.TECH, WinGD, CSSC Qingdao Beihai Shipbuilding (QBS), and CSSC Engine Co (CSE). This project will see the production of eight 210,000 DWT bulk carriers powered by ammonia (NH3), significantly reducing emissions and paving the way for sustainable marine propulsion. Engine manufacturer MAN Energy Solutions forecasts a rapid increase in NH3 usage, potentially reaching 40% of the total fuel mix for dual-fuel two-stroke engines by 2030. By utilizing hermetically tight pump technology, the maritime industry can safely and reliably transport and inject NH3 into ship engines, minimizing risks associated with its toxicity. #GreenShipping #ReducingEmissions

𝗕𝗿𝗲𝗮𝗸𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗶𝗻 𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴: 𝗪𝗼𝗿𝗹𝗱’𝘀 𝗙𝗶𝗿𝘀𝘁 𝗔𝗜𝗣 𝗳𝗼𝗿 𝗔𝗺𝗺𝗼𝗻𝗶𝗮 𝗕𝘂𝗻𝗸𝗲𝗿𝗶𝗻𝗴 𝗕𝗼𝗼𝗺 Key Points: - Innovative Approval: The world’s first Approval in Principle (AIP) for a ship-to-ship bunkering boom designed for ammonia has been granted, marking a significant milestone in maritime fuel technology. - Ammonia as Fuel: This development supports the use of ammonia as a viable, low-carbon alternative fuel for shipping, aiming to reduce the industry’s carbon footprint. - Enhanced Safety: The new bunkering boom is designed with advanced safety features to handle ammonia safely during ship-to-ship transfers, addressing key challenges in the adoption of this fuel. - Industry Impact: This approval is expected to drive further innovation and investment in ammonia-powered shipping solutions, pushing the industry closer to its decarbonization goals. https://lnkd.in/gqQqNVcs #AmmoniaFuel #ShipToShipBunkering #MaritimeInnovation #Decarbonization #GreenShipping #CleanEnergy #ShippingTechnology #SustainableFuel #FuelEfficiency #FutureOfShipping #MarineSafety #IndustryMilestone #LowCarbonShipping

LR award new ammonia vessel design approval in principle Lloyd's Register (LR) has awarded Approval in Principle (AiP) for a newly developed ammonia-fuelled 3,500 TEU container vessel following a joint venture. A cross-industry taskforce including A.P. Moller - Maersk, MAN Energy Solutions, Deltamarin, Eltronic FuelTech, LR and ABS, led by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, is behind the new design. The result of this collaborative approach is a milestone in enabling ammonia as an alternative marine fuel. “To unlock the potential of sustainable ammonia as an alternative, low-emissions marine fuel, we must carefully address the safety issues on board and ensure a safe and healthy working environment for our seafarers and people in ports. The AiP of the new ship design is a major milestone on this journey, as it demonstrates that safety criteria for the application of ammonia as the main fuel is within tolerable levels of industry safety management practices,” says Claus W. Graugaard, Chief Technology Officer, Onboard Vessel Solutions at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and continues: “The fact that we have both ABS and LR granting this AiP in parallel is a testimony to the robustness of the design and to the iterative risk assessment and systematic risk management intelligence that have gone into it. This development work has only been possible because all project partners have contributed with innovative thinking and willingness to share knowledge. Collaboration is the fastest way to co-creating the prescriptive rules and innovative solutions we need.” https://lnkd.in/e-8q6Qpg #shipping #energy #ammonia

Can CCS be the saving technology - to decarbonize the tankers? Obviously - there are lots of unsolved questions about regulations and logistics, but in our joint study by TMS Tankers Ltd and DNV we explored the feasibility of retrofitting a liquid-absorption-based carbon capture and storage system on a Suezmax tanker. The study revealed complex system interdependencies and yielded valuable insights. Enjoy the reading!

American Bureau of Shipping (ABS) awards US first AiP for ammonia bunkering vessel design ABS, Fleet Management, Sumitomo Corporation and TOTE Services announced the United States’ first AiP for the initial design of ammonia bunkering articulated tug-barge. https://lnkd.in/giVk3MrC #bunkers #bunkering #maritime #shipping #marinefuel #marinefuels #bunkerindustry #bunkerfuel  #imo2030 #imo2050 #sustainable #decarbonisation #decarbonization #marine #emissions #zeroemission #zeroemissions #alternativefuel #alternativefuels #maritimenews #maritimeindustry #maritimetransport #maritimesector  #maritimeservices #shippingnews #shippingindustry #shipsandshipping #shippingworldwide #ammonia #vessel #vessels #ship #ships