Hanwha Ocean Gains Approval For Its Onboard Carbon Capture Solution

Hanwha Ocean Gains Approval For Its Onboard Carbon Capture Solution - Carbon Herald

South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, just received approval for its onboard carbon capture system. 

The Approval in Principle (AiP) was granted by the Korean Register (KR), together with the Marshall Islands Registry during Kormarine 2023 in Busan, South Korea.

Mitigating the carbon dioxide emissions of the shipping industry is becoming a more and more prominent issue in the light of tighter regulations from the International Maritime Organization (IMO) and the European Union (EU).

Relevant:DNV Launches New Guidelines For Onboard Carbon Capture Systems

Specifically, the Carbon Intensity Indicator (CII) regulations that were enforced earlier in 2023 mandate that shipping companies keep close track of their CO2 emissions and take steps to reduce those emissions. 

One of these steps is onboard carbon capture technology, which currently holds the most promise of effectively curbing CO2 emissions and helping quickly decarbonize the shipping industry. 

The carbon capture solution offered by Hanwha Ocean is compact, energy-efficient, and easy to install onboard a vessel. 

The system captures the CO2 emitted on board and mineralizes it, which provides a safe, convenient and permanent storage solution.

“The OCCS developed this time will be applied to 174K LNGC in the future. We will work to strengthen our competitiveness by developing eco-friendly technology that meets the ever-strengthening environmental regulations and the requirements of ship owners,” Kang, Sang-Don, VP and Head of Hanwha Ocean’s Basic Design Department, said.

Read more: BASF And China Agree To Develop Onboard Carbon Capture Tech

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