Value Maritime and MOL team up to capture carbon
The LR1 tanker Nexus Victoria will be equipped with the carbon capture EGCS
(Source: MOL)
Mitsui O.S.K. Lines, Ltd. (MOL) is to install an exhaust gas cleaning system (EGCS) with carbon capture on board the 74,910dwt products tanker, Nexus Victoria. The Long Range 1 (LR1) tanker, built in 2015, will be fitted with a 15-MW EGCS Filtree system from Rotterdam-based Value Maritime, equipped with an additional carbon capture unit to reduce CO2 emissions.
Initially, 10% of the tanker’s CO2 emissiosn will be captured but this can be raised to 30%. Installation of the system is expected by the end of this year, the companies said. The Nexus Victoria will be the largest vessel, in terms of deadweight, and the first LR1 tanker to be equipped with a Filtree and carbon capture unit.
Laurens Visser, Value Maritime’s commercial manager, commented: “Hopefully this is the first of many Japanese clients that we can support in achieving decarbonisation initiatives. We are grateful to the MOL team for placing their trust and belief in us and the quality of our technology and showing the market how it’s done. Working with one of the world’s most reputable shipowners keeps us motivated. It challenges us to stay ahead and continue to provide the best and simplest emission-reducing solutions to the shipping industry.”
The Japanese shipowner has set up the MOL Group Environmental Vision 2.2 as a roadmap to achieve net-zero greenhouse gas emissions by 2050.
