DNV’s Approval in Principle (AiP) seals DSIC’s innovative LCO2 designs, positioning them as pioneers in maritime carbon capture. As CCS gains traction in energy transition, demands for LCO2 vessels surge.
Feasibility Validation
The AiPs confirm the general feasibility of the conceptual designs as reviewed by DNV.
They follow earlier projects by the shipyard, such as the design development of the world’s first 7,500cbm LCO2 tanker currently under construction to DNV class, as DSIC positions itself as a leading builder in the emerging maritime LCO2 supply chain.
CCS Advancements
Carbon capture and storage (CCS) is widely regarded as an important element of the energy transition, which will play an indispensable role in decarbonizing hard-to-abate sectors.
While the deployment of CCS technology is still in its early stages, with only around 40 million tonnes of CO2 currently captured annually, a large number of LCO2 transport vessels, storage and injection units are likely to be required in the future to scale up the sector.
“We are delighted to award AiPs to DSIC for these innovative vessel designs, which will be essential in advancing the emerging global value chain for CCS. Throughout the comprehensive review process, DNV has leveraged its worldwide expertise and resources in liquefied CO2 transportation, as well as carbon capture, utilization, and storage. We eagerly anticipate continuing our steadfast support for DSIC in bringing these designs to the market,” stated Norbert Kray, Regional Manager Greater China, Maritime at DNV.
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Source: DNV
