Hunter Group ASA, the Oslo-listed funding firm that efficiently constructed, owned and operated eight very large crude carriers until it sold the last of them final yr, is now setting its sights on alternatives in carbon seize and storage (CCS).
“In order for the world to get to net zero emissions, CCS will play a key role,” says Hunter. “A large portion of the captured CO2 will involve seaborne transportation, which will require a substantial number of large CO2 carriers.”
Hunter has now entered right into a joint cooperation settlement with DNV for the event of a low strain mid-stream delivery resolution for CCS . The events have agreed to work collectively to develop a 40-70K cubic meter liquified CO2 service with 20-30K cubic meter feeder vessels with the purpose of assembly outlined targets in direction of a sustainable CCS delivery resolution to be operated on the Norwegian Continental Shelf and European waters.
Both technological and operational measures will probably be assessed, in addition to hull and cargo tank designs.
Alternative fuels resembling ammonia, methanol, gasoline cells and CO2 abatement applied sciences will even be evaluated as a part of this challenge, says Hunter Group.