DIANA Shipping, a Greek dry bulk shipping company, is gearing up to conduct a trial of a carbon capture system (CCS) on one of its capesize bulk carriers in collaboration with Ecochlor and Sinotech CCS, reports Rotterdam's Offshore Energy.
The three entities have entered into a Letter of Intent (LOI) for the implementation of a Sinotech scrubber and CCS system on Diana's MV GP Zafirakis.
This system is specifically designed to capture 25 per cent of the carbon dioxide (CO2) emitted in the exhaust gas, storing it temporarily onboard in liquefied form (LCO2).
As part of the agreement, Sinotech will contribute its expertise for a comprehensive feasibility study, engineering, and an overall turn-key package for installation.
This includes crew training and support toward obtaining type approval certification from the vessel's administration for the installed system.
Sinotech will also manage the offloading and disposal of the captured CO2 in China.
The installation is slated to occur at a Chinese shipyard, with Zhoushan province being the likely location.
Additionally, the LOI signifies the parties' intention to explore potential business opportunities and establish the groundwork for future collaboration beyond the initial scrubber and CCS installation.
'Our ambition is to be a catalyst for positive change in the maritime industry,' said diana COO Evangelos Sfakiotakis.
'We endorse IMO's Initial GHG Strategy on the reduction of GHG emissions and are working towards phasing out GHG emissions from our shipping entities as soon as possible.'
SeaNews Turkey
The three entities have entered into a Letter of Intent (LOI) for the implementation of a Sinotech scrubber and CCS system on Diana's MV GP Zafirakis.
This system is specifically designed to capture 25 per cent of the carbon dioxide (CO2) emitted in the exhaust gas, storing it temporarily onboard in liquefied form (LCO2).
As part of the agreement, Sinotech will contribute its expertise for a comprehensive feasibility study, engineering, and an overall turn-key package for installation.
This includes crew training and support toward obtaining type approval certification from the vessel's administration for the installed system.
Sinotech will also manage the offloading and disposal of the captured CO2 in China.
The installation is slated to occur at a Chinese shipyard, with Zhoushan province being the likely location.
Additionally, the LOI signifies the parties' intention to explore potential business opportunities and establish the groundwork for future collaboration beyond the initial scrubber and CCS installation.
'Our ambition is to be a catalyst for positive change in the maritime industry,' said diana COO Evangelos Sfakiotakis.
'We endorse IMO's Initial GHG Strategy on the reduction of GHG emissions and are working towards phasing out GHG emissions from our shipping entities as soon as possible.'
SeaNews Turkey