DNV, PSE Report on Carbon Capture & Storage

press release
Tuesday, February 12, 2013

Maritime CCS "feasible, and can reduce emissions by 65%", says DNV and PSE.


Det Norske Veritas (DNV), a leading classification society, and Process Systems Enterprise Ltd. (PSE), a global provider of advanced process modelling technology, today have released the results of the Maritime CCS (carbon capture and storage) research and development project.
 

The project has successfully developed a concept design for on-board chemical CO2 capture. The system consists of a chemical absorption plant that separates CO2 from flue gases, a liquefaction unit where the captured CO2 is compressed and condensed using a refrigerant and two storage tanks where the liquid CO2 product is temporarily stored until discharge into transmission and storage infrastructures at the next suitable port. The results show that the concept is technically feasible and capable of reducing ship CO2 emissions by up to 65%. For a VLCC tanker, this could correspond to capturing more than 70,000 tonnes of CO2 per year, transforming them from emissions to a tradable product.
 

“In response to more stringent environmental regulations and complex market conditions, we see an increased demand for innovative solutions towards higher efficiency and greener operations,” says Dr. Nikolaos Kakalis, Head of DNV Research & Innovation Greece. “Our R&D activities, such as the carbon capture initiative which is completely new in the field of maritime transportation, pave the future towards next-generation solutions for achieving more energy-efficient, environmentally friendly and sustainable maritime transportation”.
 

Prof. Costas Pantelides, Managing Director of PSE, says “This has been a challenging design problem with tight constraints. Applying a model-based engineering approach has been key to exploring the process decision space rapidly and effectively, and developing technically feasible and economically viable solutions.”
 

Maritime CO2 emissions are estimated at over 1000 million tonnes per year, or 3% of total emissions, and are expected to reach 2000 to 3000m tonnes by 2050. The UK government has included maritime emissions in the reduction targets set by the Climate Change Bill, and the International Maritime Organisation is expected to drive a reduction in emissions from international shipping. Because ship emissions are concentrated – unlike other forms of transport – the potential to capture CO2 at source has been the key focus of the project.
 

The Maritime CCS project was jointly financed by the two partners, the UK’s Technology Strategy Board and the Research Council of Norway under the EUROSTARS initiative. The project took into account the unique challenges posed by the maritime environment – constant movement, limited space and access to utilities, stringent safety requirements and the need for energy efficiency.
 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

Marine Propulsion

ABB's 25th Year in Dubai

ABB Turbocharging is celebrating its 25th anniversary in UAE. Established in 1989 in Dubai, ABB has grown to become a fully-fledged service station capable

Moore Stephens Expects Vessel Operating Cost to Rise

Vessel operating costs are expected to rise by almost three per cent in both 2014 and 2015, according to a new survey by international accountant and shipping consultant Moore Stephens.

Wärtsilä Steerable Thruster Gets Class Approval

DNV-GL approved the design of the Wärtsilä WST-14 thruster, significant as approval was granted based on a thruster design that has yet to be introduced into full series production.

Finance

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

Environmental

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

Areva-Siemens Raises Claim Over Finnish Reactor Delays

The French-German consortium Areva-Siemens , the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO),

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

Fuels & Lubes

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

UASC Targets Expansion to Beat Container Market Blues

UASC expects to reach volume of 2.35 mln TEU in 2014 Global carriers still struggling with weak conditions United Arab Shipping Company (UASC) is on a major expansion drive,

Marine Power

Navy to Commission Submarine North Dakota

The Navy will commission its newest attack submarine North Dakota, during a ceremony Saturday, Oct. 25, 2014, at Submarine Base New London in Groton, Connecticut.

John Deere Expands Tier 3 Engine Line

John Deere Power Systems (JDPS) has introduced new propulsion ratings to its EPAMarine Tier 3 engine offerings. The new PowerTech 4045TFM85 propulsion ratings expand

Caterpillar: Q3 Results Show Improvement

Caterpillar Inc. today announced its third-quarter results, in which it reported profit per share of $1.63 for the third quarter of 2014, an increase from third-quarter 2013 profit per share of $1.

Marine Science

ABB's 25th Year in Dubai

ABB Turbocharging is celebrating its 25th anniversary in UAE. Established in 1989 in Dubai, ABB has grown to become a fully-fledged service station capable

Ezra Bags $70m in Offshore Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division,

New Oil Field Found in British North Sea

GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2024 sec (5 req/sec)