Ecochlor, Inc. has signed a Letter of Intent (LOI) with Diana Shipping Services and carbon seize and storage (CCS) specialist, Sinotech CCS for the set up of a Sinotech scrubber and CCS system onboard one in all Diana Shipping’s capesize dry bulk provider, the MV G.P. Zafirakis.
This system is designed to seize 25% of the CO2 emitted throughout the exhaust fuel and quickly storing it onboard in liquified type (LCO2).
Sinotech will present the experience for a full feasibility research, engineering and total turn-key package deal for the set up, crew coaching in addition to full help in direction of kind approval certification of the put in system by vessel’s administration. Sinotech can even deal with the offloading and sustainable disposal of the captured CO2 in China. The set up is meant to happen at a Chinese shipyard, most definitely within the Zhoushan province.
The LOI expressed the intention of the events to discover potential enterprise alternatives and lay the groundwork for future cooperation on issues past this preliminary scrubber and CCS system set up.
Ecochlor, serving as the worldwide gross sales illustration for Sinotech, efficiently negotiated the collaboration with Diana Shipping by way of Panos Smyroglou, Ecochlor’s VP of Sales & Marketing.
Evangelos Sfakiotakis, Chief Operating Officer of Diana Shipping, acknowledged the corporate’s dedication to help the decarbonization of transport. “Our ambition is to be a catalyst for positive change in the maritime industry. We endorse IMO’s Initial GHG Strategy on the reduction of GHG emissions and we are working towards reducing our carbon footprint.”
In early 2022, Sinotech acquired an Approval in Principle certificates for marine CCS merchandise from Lloyd’s Register, Class NK, and Bureau Veritas. Using years of land-based CCS information and optimizations, Sinotech is able to showcase the very low vitality enter required to attain the really useful CO2 seize charges.
