A partnership between two shipping giants will see development of a ‘very large’ liquefied carbon dioxide (LCO2) carrier as a response to the increasing global focus on carbon capture and storage technologies.

The American Bureau of Shipping (ABS) and Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) will jointly develop designs for the 70,000 cubic metre LCO2 carrier.

As CCUS projects begin to develop globally, the need for carbon dioxide (CO2) transportation will inevitably increase. DSME predicts that existing LCO2 carriers, used for transport in the food industry, will not suffice for larger scale CO2 production and delivery.

The collaboration will also look to optimise the vessel’s efficiency by studying the use of various steel materials and increasing the existing tank size.

The signing ceremony between the two partners

The signing ceremony between the two partners

Source: ABS

Speaking about responding to the need to reduce carbon emissions, Patrick Ryan, Senior Vice President, Global Engineering and Technology, ABS, said, “CCUS can play a role in reducing emissions in a range of industries, but the supply chain will need vessels capable of transporting CO2 safely and efficiently.”

Having previously developed a conceptual design of a 100,000 CBM LCO2 carrier, DSME intends to remain competitive in the field of liquefied natural gas (LNG) carriers.

Nuno Kim, Director, Head of Ship Basic Design Division, DSME, stated that it’s important for the company to ‘maintain an advanced technology in the market.