Emissions reduction technology firm Value Maritime (VM) and carbon dioxide collection, transportation and storage firm Carbon Collectors on Monday (28 March) said they will together perform a conceptual design study for a new fleet of tugs to be built by Carbon Collectors.
Value Maritime will work together with Carbon Collectors to investigate the feasibility of capturing carbon onboard their new MGO-fuelled tug vessels, using VM’s technology to ultimately ensure Carbon Collectors’ fleet is carbon dioxide (CO2) neutral from the start.
Jointly, the two teams will investigate and determine:
“This is a first for us,” said Christiaan Nijst, Director and Co-Founder – Value Maritime.
“We’ve conducted many studies in relation to larger sea-going vessels but now Carbon Collectors are affording us the opportunity to apply our carbon capture expertise to tugs, extending the reach of our sustainable shipping solutions. We’re excited to see how these vessels will perform with our leading technology.”
Once the design is proven, Carbon Collectors aim to use Value Maritime’s carbon capture module to the fullest extent.
They are currently designing a custom fleet of power-efficient tugs with the construction of the first vessels scheduled to start in the first quarter of 2024.
Once operational by 2026, their MGO fuelled tugs could be effectively capturing all of their CO2 emissions onboard.
Both parties will not only review the carbon capture abilities of the vessels but jointly look into the optimal solution for safely unloading and permanently storing the CO2 underground.
“As a company aiming to speed up the reduction of CO2 emissions, we also want to make sure that our own fleet contributes by becoming carbon-neutral as fast as possible,” states Haije Stigter, Technical Director – Carbon Collectors.
“For years to come, carbon-neutral fuels will not be available in amounts that are large enough to fulfill demands, so carbon capture and storage seems the only feasible option in the short and medium term. We are excited to be able to help VM further develop their innovative technology in this field.”
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