marine link image

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

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

CMA CGM Celebrates Maiden Call of New Port Kobe Service

CMA CGM Celebrates Maiden Call of New Port Kobe Service

New Wildlife Trafficking Compendium Released for Singapore

New Wildlife Trafficking Compendium Released for Singapore

Australia’s Port of Newcastle Sets Diversified Trade Record

Australia’s Port of Newcastle Sets Diversified Trade Record

Subscribe for Maritime Logistics Professional E‑News

Uganda's budget forecasts for 2026/27 will increase by 16% annually
Petrobras lets distributors pay in installments for a 55% increase in jet fuel
Sources say that drone attacks are reducing exports and causing a reduction in Russian oil production.