TECO 2030 and AVL have said they are progressing on a joint carbon capture and storage (CCS) feasibility study that focuses on vessel capabilities and robustness of technology.

In a statement released on Monday (12th April), TECO 2030 said is excited over the response inquired regarding CCS technology for ships.

TECO 2030 also highlighted that increased focus from shipowners on the International Maritime Organisation greenhouse gas strategies and such as like Energy Efficiency Existing Ship Index and Carbon Intensity Indicator makes on-board carbon capture highly interesting.

As part of the feasibility study, CCS technology will be integrated as part of the TECO 2030 Future Funnel and will be a central add-on technology optimising decarbonisation and ensuring efficient vessel operation.

“The carbon capture and storage is very attractive for shipowners who seek to future proof their vessels to meet greenhouse gas regulations and strategies,” said Stian Aakre, CEO of TECO 2030.

“Conventionally fuelled vessels will still make up the majority of the global fleet and on-board carbon capture will constitute a viable choice in decarbonising this segment of the fleet.”