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ALTHOUGH IT'S NOT A MIRACLE, CARBON CAPTURE OFFERS OPPORTUNITIES FOR SHIPPING
DETAIL INFORMATION
The technological viability of CO2 capture on board ships has been demonstrated by recent research, which have produced encouraging findings with feasible capture rates of 82% to 90%. For instance, the integration of a carbon capture, liquefaction, and storage system on two in-service bulk carriers has been proven to be technically feasible through a collaborative research study between Bureau Veritas and Wah Kwong.
The most recent technology study from Bureau Veritas looks at the data that is currently available on the technical feasibility of existing carbon capture and storage technology for the marine industry. It comes to the conclusion that although CCS may be a viable solution to lower shipping's greenhouse gas emissions, it is not a magic bullet and must be utilised in concert with other decarbonisation techniques in order to meet the objectives of the maritime sector.
The research also emphasises that onboard carbon capture must be evaluated within the framework of the entire value chain in order for it to make sense. In actuality, we must take into account the infrastructure required for the handling and processing of the CO2 that has been gathered, the availability and placement of storage facilities, the prospective markets for carbon, and the management and disposal of the CO2 in ports.