This Approval in Principle (AiP) marks a significant advancement in large-scale carbon capture and storage (CCS) shipping, particularly for the Asia-Pacific region. Given the high CO2 emissions from countries like Japan, Korea, and Singapore, there is a growing need for cost-efficient, high-capacity CO2 transportation to storage locations.
Key Highlights of the Low-Pressure CO₂ Carrier Design- Ship Dimensions:
- Length: 290 meters
- Draft: 12 meters (optimized for key East Asian ports)
- Comparable in...