South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and US-class company ABS have joined forces to develop designs for a very large 70,000 m3 Liquefied CO2 (LCO2) transporter.
Partners said the Joint Development Project (JDP) responds to the development of carbon capture and storage (CCUS) technology, which will eventually require larger vessels to transport CO2 than those used in industry. existing food.
âCCUS can play a role in reducing emissions across a range of industries, but the supply chain will need ships capable of transporting CO2 safely and efficiently. This is why this JDP with DSME is so important, not only for the maritime industry, but for the ambitions of reducing the carbon footprint of the entire global economy â, said Patrick Ryan, senior vice president of ABS, global engineering and technology.
DSME, which previously developed a conceptual design of a 100,000 m3 LCO2 transporter, is developing a new design that can increase operational efficiency by increasing tank size. To increase the tank capacity, DSME and ABS will study the application of various steel materials as well as the existing low temperature steel.
The new LCO2 ships will comply with the ABS rules for the construction and classification of ships and the ABS guide for liquefied gas carriers with independent tanks as well as the international code for the construction and equipment of ships carrying liquefied gases in bulk (IGC Code).
âDSME will maintain its unique competitiveness for technology and quality in the field of liquefied gas carriers, such as LNG and LPG carriers, through this development of very large LCO2 carriers. And it will be able to maintain cutting-edge technology in the LCO2 carrier market, which is one of the major concerns of the CCUS sector, âsaid Nuno Kim, Director of DSME, Head of the Basic Vessel Design Division. .
Other South Korean companies are also looking to enter the arena of CO2 carriers. Earlier in August, steel giant Posco partnered with Hyundai Mipo Dockyard and its parent company Korea Shipbuilding & Offshore Engineering as well as Lloyd’s Register and the Liberian Registry to develop a 20,000 m3 LCO2 support by 2025.
Meanwhile, in Japan, Mitsubishi Shipbuilding has partnered with the French energy giant TotalEnergies to carry out a feasibility study for the development of an LCO2 vector. Mitsubishi Heavy Industries (MHI) earlier unveiled its intention to commercialize a CO2 transporter design by 2025 to support its diversification into the carbon capture industry.