- Value Maritime (VM) has installed its unique Exhaust Gas Cleaning System and Carbon Capture unit aboard Nexus Victoria, an LR1 product tanker owned by Mitsui O.S.K. Lines, Ltd.
- The completion of this installation marks a significant development in CO2 emissions reduction in the shipping industry and demonstrates MOL’s commitment to sustainability.
Emissions-reducing maritime technology company Value Maritime (VM) has successfully installed its unique Exhaust Gas Cleaning System (EGCS) and Carbon Capture unit aboard Nexus Victoria, an LR1 product tanker owned by Mitsui O.S.K. Lines, Ltd. (MOL), reads an official release.
Shipping it green
The system installed was VM’s 15MW EGCS Filtree system, which the company claims can filter sulphur and (ultra)fine particulate matter along with up to 10% of the vessel’s CO2 emissions, with potential scalability to 30% if needed. 75,000 dwt Nexus Victoria is now the largest vessel to incorporate VM’s SOx scrubber with carbon capture technology, and the first LR1 tanker.
“This system represents a crucial step in decarbonising vessels that cannot yet transition to next-generation fuels,” said Hiroyoshi Kubo, executive officer – tanker unit at MOL. “Together with Value Maritime, we are committed to advancing carbon capture solutions and building a CO2 value chain that contributes to a sustainable, carbon-neutral industry.”
“Our first commissioning in Singapore is a milestone for Value Maritime,” said Alican Kilinc, Operations Director at Value Maritime. “Collaborating with one of the world’s leading shipowners drives us to push innovation forward and provide the industry with the most effective emission-reducing solutions.”
Value Maritime said it aims to expand its partnerships across Asia, enhancing its carbon logistics infrastructure through its dedicated carbon capture and storage sister company Value Carbon. “End-to-end carbon capture solutions are essential to achieving industry-wide decarbonisation,” said Christiaan Nijst, co-founder and director of Value Group. “By integrating maritime carbon capture with onshore utilisation, we’re closing the loop on emissions and creating a more sustainable shipping ecosystem.”
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Source: Value Maritime
