Gassco Examines Feasibility of CO2 Shipping

March 2, 2016

 Gassco has commissioned Knutsen OAS Shipping and Larvik Shipping to study transport of CO2 by ship in connection with the Norwegian government’s full-scale project for managing this greenhouse gas.

 
In cooperation with Gassnova, Gassco has earlier studied CO2 handling chains.
 
“The transport study will help to ensure that the government’s ambition of realising at least one full-scale CO2 facility by 2020 can be met,” says Gassco CEO Frode Leversund.
 
“Our long experience of leading complex industrial projects means we’re well equipped to develop a detailed basis for the government’s decision on continuing a CO2¬ management project.”
 
The CO2 chain is being addressed by industrial players. Gassnova has assigned studies of the relevant capture locations to Norcem in Brevik, Yara at Herøya and Klemetsrud EGE in Oslo, while Gassco and Statoil are responsible for the transport and storage aspects respectively.
 
“We’ve had a detailed process to identify the best partners for a collaboration, and are very pleased to award contracts to Knutsen OAS Shipping and Larvik Shipping,” says Leversund.
 
“These two companies will now be starting work immediately on analysing various ship-based solutions, and these are due to be submitted to us by mid-April.”
 

Logistics News

Storms Disrupt European Container Cargo

Storms Disrupt European Container Cargo

CSP Iberian Valencia Terminal Invests in Six More Konecranes Hybrid RTGs

CSP Iberian Valencia Terminal Invests in Six More Konecranes Hybrid RTGs

AD Ports Group, BigBear.ai to Develop AI Powered Digital Trade, Customs and Logistics Solutions

AD Ports Group, BigBear.ai to Develop AI Powered Digital Trade, Customs and Logistics Solutions

Seaboard Marine Invests in Electric LHM 550s for U.S. Trade Hubs

Seaboard Marine Invests in Electric LHM 550s for U.S. Trade Hubs

Subscribe for Maritime Logistics Professional E‑News

Sun PhuQuoc Airways, Vietnam's first international airline, will launch its service by the end of March
Japan-born pandas Xiao Xiao, and Lei Lei have arrived in China amid a freeze of bilateral relations
Boeing makes a quarterly profit despite unit losses