ABS Grants ECOLOG Industry First Approval For LCO2 Carriers

ABS Grants ECOLOG Industry First Approval ForLCO2 Carriers - Carbon Herald

In a landmark achievement, the American Bureau of Shipping (ABS), a leading classification society, has granted its approval to ECOLOG for the operation of liquified CO2 (LCO2) carriers.

This ISM Document of Compliance verifies ECOLOG’s adherence to the International Safety Management Code for operating LCO2 carriers.  

This green nod is given on behalf of the Bermuda flag administration.

Relevant: PETRONAS, MOL And MISC To Jointly Develop LCO2 Carriers For CCS Projects

ECOLOG, a Greek frontrunner in carbon capture, utilization, and sequestration (CCUS) services, underwent a rigorous audit by ABS to ensure their operations meet the stringent safety standards for LCO2 carriers.

Looking ahead, ECOLOG has ambitious plans to construct and manage CO2 terminals along with a dedicated carrier fleet. 

This infrastructure will serve the burgeoning CCUS sector, facilitating connections between challenging-to-reduce emitters and cost-effective options for sequestering or utilizing captured carbon.

Relevant: ABS Unveils Requirements For Liquefied CO2 Carriers

Senior Vice President of Global Business Development at ABS, Vassilios Kroustallis commented: “Carbon capture, utilization and storage will be critical for the decarbonization of hard to abate sectors such as steel, petrochemicals and cement.” 

“ABS is committed to supporting first movers to develop the technology and the wider carbon value chain. That is why we are proud to be able to use our insight to support ECOLOG with the development of their fleet,” Kroustallis commented. 

The announcement comes only weeks after ABS first revealed its requirements for liquefied CO2 carriers, which already marked a significant milestone for the shipping industry. 

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