Tanker shipping company Stena Bulk is launching a two-year, three phase project aimed at demonstrating shipboard carbon capture.
The project, known as the Realising Maritime Carbon Capture to demonstrate the Ability to Lower Emissions, or Project REMARCCABLE for short, is being launched with the Global Centre for Maritime Decarbonisation (GCMD) and the Oil and Gas Climate Initiative (OGCI), along with project partners Alfa Laval, the American Bureau of Shipping, Deltamarin, and TNO.
The seven-member consortium will aim to assess the operational challenges on a ship at sea and identify potential cost reduction measures for future commercial applications.
The project will see one of Stena Bulk’s Medium Range (MR) IMOIIMAXX tankers installed with a carbon capture system. The project is targeting at least a 30% absolute capture rate for carbon dioxide (CO2) during normal vessel operations and on deep-sea voyages.
By working with organizations to offload and sequester or reuse the CO2, the project is the world’s first initiative demonstrating large-scale end-to-end shipboard carbon capture across the full value chain.
The project will also use non-proprietary equipment and processes, so results can be shared broadly and publicly to maximize its effectiveness. It also aims to establish a pathway to reduce the cost of onboard CO2 capture to €150 per tonne of CO2 or lower, to allow the technology to be commercially deployed in the near future.
“We are constantly working to push sustainability and technology boundaries to drive our industry forward,” said Erik Hånell, President & CEO of Stena Bulk. “By participating in this initiative and collaborating with our consortium partners, we hope to step closer to making carbon capture a reality for the global fleet. We are eager to see and share the results of this project as they unfold over the next couple of years.”
Shipboard carbon capture seems likely to play a significant role in helping to decarbonize shipping alongside alternative green fuels. Earlier this week, Dutch shipping and logistics company Samskip said it has opted use a carbon capture solution from Value Maritime on two of its containerships; Samskip Innovator and Samskip Endeavour.
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