Despite significant efforts to develop low and zero-carbon fuels, this progress alone is insufficient to rapidly reduce emissions and meet IMO requirements. Projections indicate that by 2030, 85% of the fuel mix for two-stroke engines will still rely on fossil fuels, with a projected 34% by 2050. Shipboard carbon capture offers a solution to reduce greenhouse gas emissions from existing vessels, with the potential to recycle captured CO2 for alternative fuel production or permanently locking the captured CO2 through utilisation or long-term storage.
That’s why one of the key topics we will address at this year’s conference is “Carbon capture: How to make it a viable solution for ships and industry?”
We proudly announce that the Global Centre for Maritime Decarbonisation (GCMD) will again contribute its expertise to the Singapore Norway Innovation Conference for the third consecutive year. Under the guidance of GCMD, a consortium from the energy and shipping industries will explore onboard capture and storage, along with the offloading of captured carbon dioxide (CO2), to tackle the challenges and opportunities of implementing carbon capture technology on ships. The REMARCCABLE project (Realising Maritime Carbon Capture to Demonstrate the Ability to Lower Emissions) is the world’s first initiative aiming to showcase end-to-end shipboard carbon capture at scale.
We are privileged to have the Global Centre for Maritime Decarbonisation, represented by Dr. Sanjay Kuttan, sharing their updates on their 2 projects and the factors to be considered to make carbon capture a viable solution for ships and the industry.
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