In the UK, The Loadstar reports HMM, South Korea’s leading carrier, is set to install onboard carbon capture and storage systems on vessels too young to scrap, a move revealed by HMM director Kim Min-kang at a recent eco-friendly shipping seminar. Director Kim noted that even when new ships equipped with LNG or methanol dual-fuel engines are put in service in the near term, existing ships will still comprise the majority of emissions. Retrofitting these older ships with dual-fuel engines is impractical, Kim explained, making OCCS a viable alternative to curb emissions.
Kim said, “In theory, OCCS devices can capture 100% of carbon dioxide, but since the process consumes additional energy, it is currently known to capture 60%-70% of CO2 generated. How to process the captured carbon will be the final obstacle to commercialisation.”
HMM’s OCCS, co-developed by Samsung Heavy Industries, Panasia, and the Korean Register of Shipping, was tested in July on the 2,200-TEU HMM Mongla. To address limited disposal options, HMM is exploring partnerships with shipyards to use captured CO2 as a shielding gas for arc welding.
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Tags: HMM, OCCS, South Korea
Category: Fuels