Babcock has partnered with Hyundai to develop liquified carbon dioxide carriers
Babcock’s LGE business, the world leader in liquefied gas solutions, has partnered with Hyundai Heavy Industries and Hyundai Mipo Dockyard to develop liquefied CO2 carrier designs to service the growing demand for this kind of vessel. The partnership will focus on building the most effective liquefied CO2 cargo handling system considering the entire CO2 value chain.
Carbon Capture and Storage is an essential step towards decarbonization. The transportation of large quantities of liquefied CO2 by ship is set to grow significantly. The major marine stakeholders are actively working towards designing liquified carbon dioxide carriers to gain a competitive advantage in this market.
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