Ecochlor, Inc. has sealed a Letter of Intent (LOI) with respected ship management firm Diana Shipping Services S.A. and carbon capture and storage (CCS) specialist Sinotech CCS Co., Ltd, marking a significant collaboration in the maritime industry.
Collaborative Efforts
- Ecochlor, representing Sinotech, facilitated a collaboration with Diana Shipping, led by Ecochlor’s VP of Sales & Marketing, Mr. Panos Smyroglou.
- The agreement involves installing a Sinotech scrubber and CCS system on Diana Shipping’s MV G.P. Zafirakis to capture 25% of emitted CO2.
- Sinotech will handle feasibility studies, engineering, training, and certification for the system, along with CO2 offloading and disposal in China.
- The installation is planned at a Chinese shipyard, with discussions for future collaborations beyond this initial project.
Driving Sustainable Shipping
The collaboration between Sinotech’s CCS system and Diana Shipping underlines their commitment to sustainable shipping. Diana Shipping, dedicated to reducing GHG emissions, aligns with IMO’s goals and holds a global reputation for excellence and safety.
Sinotech, praised by Phil Gao for their dedication to green technology, received AiP certificates for marine CCS products in 2022. Leveraging years of experience, Sinotech showcases the minimal energy required for recommended CO2 capture rates.
Collaborative Commitment
Ecochlor, a leading provider of green marine technologies, joined the LOI. Andrew Marshall, CEO of Ecochlor, emphasized the significance of this partnership and their mutual pursuit of sustainable solutions,
“We are excited to work with Sinotech and Diana Shipping, and we believe that this cooperation will further our mutual interests towards reducing the carbon footprint in shipping. Ecochlor is committed to supporting the industry’s decarbonization efforts by providing economically viable and effective solutions to shipowners.”
The LOI represents a pivotal step in advancing environmental sustainability within the maritime sector. Ecochlor, Sinotech, and Diana Shipping stand united and proud to spearhead this crucial initiative.
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Source: Ecochlor
