Singapore-based Eastern Pacific Shipping is trying to accelerate the decarbonization of the shipping industry with plans to retrofit at least five medium-haul tankers with carbon capture systems. Eastern Pacific is working with Rotterdam’s Value Maritime to install the company’s first carbon capture and filtration systems onboard two of its tankers to fill a gap in its decarbonization strategy.
The retrofitting of the two tankers M/T Pacific cobalt and M/T Pacific gold, they will become the largest ocean-going ships to date equipped with this technology. Engineering and planning are underway with the installation of the system on board Pacific cobalt expected to be completed by the end of this year while installation continues Pacific gold to be completed by the end of the first quarter of 2023. Based on the test results, Eastern Pacific also has an option to equip three additional ships with the technology.
The 49,700 dwt sister ships, built in 2020, will be fitted with Value Maritime’s Filtree system, a pre-engineered gas cleaning system that filters sulfur and 99 percent of fine dust particles. The system will include a CO2 capture module that will charge an onboard CO2 battery. The charged CO2 battery is discharged at the port and then used by CO2 customers such as greenhouses or fed into carbon sequestration grids. The discharged battery is returned to the ship for charging with CO2.
According to the company, the “plug-and-play” approach allows ships to capture up to 40 percent of CO2 emissions and has the potential to exceed 90 percent in the future. They called it a development critical to reducing emissions in the shipping industry.
“CO2 capture technology was missing from our existing portfolio of emission-reducing solutions, which today consists mainly of alternative marine fuels. We believe the technology offers significant potential for reducing emissions for existing and future oceangoing vessels,” said Cyril Ducau, CEO of EPS.
He added that carbon capture, coupled with alternative fuels, biofuels and other solutions, is a critical step in accelerating the shipping industry’s decarbonization efforts ahead of the International Maritime Organization’s goals.
“By equipping our tankers with Value Maritime’s systems, we hope to prove to the industry that CO2 capture is a viable and scalable option that is now available,” noted Ducau.
In addition to its carbon capture capabilities, the system, designed for small and medium-sized vessels, also removes residual oil and particles from the wash water, ensures its PH is neutralized and helps reduce seawater acidification.
In addition to the retrofits, the two companies are also exploring future opportunities for collaboration, including deploying the Filtree system aboard EPS new builds, particularly the new generation of container ships. With a fleet of 200 vessels and 20 million tdwt in three core segments, container ships, bulk carriers and tankers, EPS is currently implementing a green and technology-driven strategy focused on significantly reducing its carbon and greenhouse gas emissions, according to the CO2 -Deposition an important addition to its overall issuance programs.