On 6 September, during Gastech 2023 in Singapore, KR (Korean Register) signed a Memorandum of Understanding (MOU) with K Shipbuilding, Sunbo Industries and Dongsung Finetec to jointly develop a 12K CBM liquefied CO2 (LCO2) carrier design.
As Carbon Capture, Utilization and Storage (CCUS) technologies become increasingly important in response to the global trend in decarbonization policies, the demand for LCO2 carriers to transport captured carbon dioxide by sea is expected to grow significantly,...