South Korea’s flagship carrier, HMM, plans to install onboard carbon capture and storage (OCCS) systems on ships too young to be scrapped and not practical to convert to run on methanol or LNG, reports The Loadstar.
Seminar
At a recent seminar on eco-friendly shipping, HMM director Kim Min-kang said: “Even if new ships equipped with dual-fuel engines [for fuels] such as LNG or methanol are released on the market in four to five years, existing ships (that are not designed to reduce carbon emissions) will still account for 60%-70% of the fleet. So what to do with these ships is a huge problem.
In July, HMM became the first South Korean shipowner to experiment with OCCS, testing a system on the 2,200 teu HMM Mongla, assigned to its intra-Asia service.
Captured carbon dioxide can be buried or used for welding in shipyards. While burial is the most commonly studied solution, there is no means to transport the carbon dioxide to the burial site. Due to this, HMM is looking to sign agreements with shipyards to provide captured carbon as a shielding gas for arc welding.
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Source: Loadstar