SHIPOWNERS are assessing the methods and investments needed to transport captured CO2 over distances where pipelines are not economically viable, reports London's Riviera Maritime Media.
Shipping companies involved in CO2 transport have shared their insights and strategies for creating a sustainable and efficient value chain.
'This is a chain solution and I think it is understood that we have to transport and store CO2 at the lowest price, with the lowest CO2 footprint. That is really the challenge,' said Navigator Gas head Carsten Manniche.
Said NYK Carbon Carrier chairman Anders Lepsoe: 'If we have one incident, the whole industry will face a serious setback that will delay this process for years. Respect and seriousness are crucial in handling CO2.'
Said Capital Product Partner CCO Spyros Leoussis: 'My view is that we need to standardise [CO2] shipping if it is to become an industry and to actually be commoditized. You can see that shipping as an industry has been successful when standardization has been achieved.'
Said K Line LNG Shipping (UK) Ltd managing director Kiyoshi Sekiya: 'We need to come up with partnerships with local entities experienced in logistics. The limited storage capacity in regions like Japan presents significant challenges, and we must develop robust shipping networks to support CCS projects,' he said.
SeaNews Turkey
Shipping companies involved in CO2 transport have shared their insights and strategies for creating a sustainable and efficient value chain.
'This is a chain solution and I think it is understood that we have to transport and store CO2 at the lowest price, with the lowest CO2 footprint. That is really the challenge,' said Navigator Gas head Carsten Manniche.
Said NYK Carbon Carrier chairman Anders Lepsoe: 'If we have one incident, the whole industry will face a serious setback that will delay this process for years. Respect and seriousness are crucial in handling CO2.'
Said Capital Product Partner CCO Spyros Leoussis: 'My view is that we need to standardise [CO2] shipping if it is to become an industry and to actually be commoditized. You can see that shipping as an industry has been successful when standardization has been achieved.'
Said K Line LNG Shipping (UK) Ltd managing director Kiyoshi Sekiya: 'We need to come up with partnerships with local entities experienced in logistics. The limited storage capacity in regions like Japan presents significant challenges, and we must develop robust shipping networks to support CCS projects,' he said.
SeaNews Turkey
