South Korean Shipper to Conduct Field Tests of Onboard Carbon Capture System

South Korea’s largest container shipping company Hyundai Merchant Marine (HMM), announced plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships along with SHI(Samsung Heavy Industries) and Panasia in the second half of this year.

OCCS is an advanced technology to capture CO2 from greenhouse gas emissions generated during vessel operation, ensuring it is not emitted into the atmosphere. The solution has the potential to play a significant role in reducing CO2 emissions in the shipping industry.

HMM has performed a feasibility study with Busan-based energy system expert Panasia on OCCS for its MPV(Multi-purpose vessel) since both companies signed a Memorandum of Understanding(MoU) last September.

The study revealed that OCCS could be installed without changing the existing equipment of the ship and does not hinder the stability of vessel operation. The collected carbon becomes liquefied in a pressurized tank and can be used for manufacturing dry ice or smart farm on land.

Based on these findings, HMM will fit OCCS in its containership for an operational test with SHI and Panasia later this year. HMM will take charge of the operation of OCCS, while the others will provide engineering support.

In addition, HMM decided to replace the propellers of six containerships with more efficient models specially designed for slow steaming. The replacement process will start in 2024, and HMM expects to increase energy efficiency by 8-9%.

An HMM official said, “We will continue its efforts on a pathway to carbon neutrality by 2050 based on collaborative work with various industrial players”.

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