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Worth Maritime, partners win financing for CCS aboard Samskip Kvitbjorn

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Home Green Marine Value Maritime, partners win financing for CCS aboard Samskip Kvitbjorn

January 9, 2025, by Aida Čučuk

Dutch maritime innovation business Value Maritime and its partners in the Maritime Efficient & & Easy Carbon Capture (ME2CC) task have actually gotten financing from the Maritime Masterplan 2024 to advance the advancement, building and presentation of a compact, modular carbon capture system to be set up aboard LNG-powered, mix container and Roll-On/Roll-Off (ConRo) ship, Samskip Kvitbjorn.

Thanks To Value Maritime

The Samskip Kvitbjorn runs on a repaired path from Rotterdam along the Norwegian west coast to Hammerfest, which is thought about among Europe’s a lot of ecologically delicate areas. By retrofitting the vessel with Value Maritime’s CO2 capture system, the consortium wishes to guarantee it fulfills the low-emission requirements set by the European Union (EU) and Norwegian authorities.

As notified, the ME2CC task intends to develop a scalable, compact carbon capture system that makes use of trademarked methods to lower the system’s height and footprint by approximately one-third compared to existing absorption innovations, while preserving low-pressure drop. This method, integrated with making use of hot flue gas for onboard electrical energy generation, boosts both functional performance and emission decrease, according to Value Maritime.

“By recording CO2 emissions and all at once decreasing fuel intake, the ME2CC system addresses 2 vital difficulties for the maritime market: minimizing greenhouse gas emissions and decreasing operating expense,” the business stated.

To keep in mind, caught CO2 will be unloaded in port and carried to land-based CO2 centers. These centers are stated to use economies of scale and sustainable electrical energy to regrow the CO2, enhancing system performance and lessening expenses and ecological effect. The processed CO2 will then be gotten ready for downstream applications, consisting of usage in farming and other markets.

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This modular and scalable system is created to accommodate a vast array of vessel types, from shortsea and inland delivering to big overseas vessels, Value Maritime explained, including that the modular style likewise assists in simple setup and elimination, allowing leasing designs for carbon capture innovation.

Christiaan Nijst, Co-Founder and Director of the Value Group, commented: “We are pleased to have actually been granted this financing, which offers a crucial stimulus to the ME2CC task, and to the maritime energy shift. The mix of low expenses for shipping business and the compact, modular nature of this option makes it extremely scalable and extensively relevant. This effort highlights our dedication to driving significant modification in the maritime market.”

Erik Hofmeester, Head of Vessel Management at Samskip, specified: “We have actually invested years actively pursuing sustainable options throughout our fleet, and the retrofitting of the Samskip Kvitbjorn lines up completely with our vision for the future of shipping. Working together with Value Maritime and the ME2CC consortium members, we are making sure that the Samskip Kvitbjorn satisfies the low-emission requirements set by the EU and Norwegian authorities, all while continuing to offer reputable service for our clients.”

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