Value Maritime, emission-reducing tech entrepreneurs, and Carbon Collectors, specialists in collecting, transporting and storing CO2 safely, will together perform a conceptual design study for a new fleet of tugs to be built by Carbon Collectors.
Value Maritime will work together with Carbon Collectors to investigate the feasibility of capturing carbon onboard their new MGO fuelled tug vessels, using VM’s unique technology to ultimately ensure that Carbon Collectors’ fleet is CO2 neutral from the start.
Jointly, the two teams will investigate and determine:
- The required installed power of the diesel generators.
- The estimated CAPEX / OPEX.
- The best discharge options for the captured CO2.
- The optimal solution for unloading and underground storage.
Christiaan Nijst, Director and Co-Founder – Value Maritime “This is a first for us. We’ve conducted many studies in relation to larger sea-going vessels but now Carbon Collectors are affording us the opportunity to apply our carbon capture expertise to tugs, extending the reach of our sustainable shipping solutions.”
Once the design is proven, Carbon Collectors aim to use Value Maritime’s carbon capture module to the fullest extent.
They are currently designing a custom fleet of power-efficient tugs with the construction of the first vessels scheduled to start in the first quarter of 2024.
Once operational by 2026, their MGO fuelled tugs could be effectively capturing all of their CO2 emissions onboard.
Both parties will not only review the carbon capture abilities of the vessels but jointly look into the optimal solution for safely unloading and permanently storing the CO2 underground.
Carbon Collectors want to reduce CO2 emissions by six million tonnes per year by 2030. They offer the service of collecting, transporting and safely storing the CO2 they capture in empty offshore gas fields.
Using existing technology, they are reducing CO2 emissions in Western Europe and can assist large and small emitters.