LCO2 carriers

NYK and KNCC up the pressure with LCO2-EP carrier design

With interest in carbon capture and storage increasing, more vessel operators, designers and builders are looking at thevessels that will transport that captured carbon to where it will be stored. In the latest development in this area, Japan’s Nippon Yusen Kabushiki Kaisha (NYK) and its affiliate Knutsen NYK Carbon Carriers AS (KNCC) are conducting a joint constructability study of a 40,000 cubic meter terminal-to-terminal liquefied CO2 (LCO2) carrier design. It uses KNCC’s proprietary...

https://www.marinelog.com/news/nyk-and-kncc-up-the-pressure-with-lco2-ep-carrier-design/

ABS awards ECOLOG industry-first LCO2 carrier ISM DOC

Athens-headquartered carbon capture, utilization and sequestration (CCUS) specialist ECOLOG is moving ahead on its plans to build a fleet of LCO2 carriers. ABS has now awarded the company an industry first ISM Document of Compliance (DOC) for the operation of liquified CO2 carriers. The DOC was awarded on behalf of the Bermuda flag administration and was awarded after ABS audited ECOLOG to verify compliance with the International Safety Management Code.

ECOLOG, which like LNG carrier operator...

https://www.marinelog.com/news/abs-awards-ecolog-industry-first-lco2-carrier-ism-doc/

OSG’s Sam Norton: “We’ve stuck the landing!”

”It would be appropriate to state that we have ‘stuck the landing’ with our fourth quarter performance,” said Sam Norton, president and CEO of Tampa, Fla., headquartered Overseas Shipholding Group, Inc. (NYSE: OSG) as the company reported results for the fourth quarter and full year 2023.

Highlights included:

  • 2023 net income was $62.5 million, or $0.77 per diluted share, compared to net income of $26.6 million, or $0.29 per diluted share, in 2022. Net income for the fourth quarter of 2023 was...

https://www.marinelog.com/legal/shipping/osgs-sam-norton-weve-stuck-the-landing/

ABS publishes its requirements for LCO2 carriers

With the first LCO2 carriers set to start entering service for the Northern Lights project in Norway and operators such as Tampa, Fla., headquartered Overseas Shipholding Group Inc. seriously eyeing the emerging market, ABS has now published its “Requirements for Liquefied Carbon Dioxide Carriers.”

ABS says that this is the first publication available in the maritime industry dedicated to the design, construction, and classification of LCO2 carriers where liquefied CO2 is carried as cargo.

As...

https://www.marinelog.com/news/abs-publishes-its-requirements-for-lco2-carriers/

OSG sees liquified CO2 carriers in its future

Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) is looking to get into the growing carbon storage and transport business, including operating liquified CO2 carriers, and it’s taking its first steps right outside its own front door with plans for a project in Port Tampa Bay.

The company has been awarded a $400,000 U.S. Department of Energy grant to study the development of its proposed Tampa Regional Intermodal Carbon Hub (T-RICH). The study is intended to evaluate the...

https://www.marinelog.com/legal/environment/osg-sees-liquified-co2-carriers-in-its-future/

Wartsila Awarded An AiP For Its LCO2 Suitable Cargo Tank

Wärtsilä Gas Solutions has developed a cargo tank design suitable for LCO2 applications, which was recently awarded Approval in Principle (AiP), says an article published in their website.

LCO2 Carriers

The new LCO2 Carriers are an emerging concept and require detailed attention during conceptual level.

The total cargo capacity of the vessels is 7500 cbm, divided into two containment tanks, each of 3750 cbm. Wärtsilä has carried out an intensive engineering analysis to formulate an optimum design...

https://mfame.guru/wartsila-awarded-an-aip-for-its-lco2-suitable-cargo-tank/