News

Project to Build First Hydrogen-Power Containership Receives EU Funding

Energy Observer, a company focused on developing clean energy solutions, is working on building the world’s largest liquid hydrogen-powered cargo ship called EO2 with the support of the European Union’s Innovation Fund. The EO2 project was selected from 85 applications and awarded €40 million (US$42 million) from the European Union’s Innovation Fund to advance the development of the vessel. The current design of EO2 is a 160-meter (525-foot) containership with a carrying capacity of 1,100 TEU. It aims to be the world’s lowest carbon-emitting cargo ship. The vessel will be equipped with a 4.8 MW electric propulsion system powered by hydrogen fuel cells developed by EODev and Toyota. The initial investment for the project is estimated to be over €100 million, covering studies and construction of the vessel. The EO2 is planned to have a range of 14 days and 1,600 nautical miles, with an average speed of 12.5 knots and a maximum speed of 16 knots. It will be approximately 12,000 dwt and operate with a crew of 18. They project the vessel could reduce CO2 emissions by 112,250 tons over 10 years. The current plan projects…

Continue ReadingProject to Build First Hydrogen-Power Containership Receives EU Funding

World’s First Liquefied CO2 Carrier delivered in China

Ceremonies in China marked the completion of the Northern Pioneer, the world’s first liquefied CO2 carrier designed for carbon capture and storage operations in Norway,Northern Pioneer, is the first of four being built for a CCS operation set to launch in Norway and receive its first captured CO2 in 2025. The Northern Pioneer, a 7,500-cubic-meter liquefied carbon dioxide (LCO2) carrier independently designed and built by a Chinese shipbuilding firm, was delivered Friday in the northeastern coastal city of Dalian. This event marks a major stride in China's shipbuilding industry. Constructed by Dalian Shipbuilding Industry Co., Ltd., a subsidiary of the China State Shipbuilding Corporation Limited, the vessel is commissioned by Norway's Northern Lights, and it is set to play a critical role in Europe's carbon capture and storage program. The carrier measures 130 meters in length and 21.2 meters in width, with specially designed features enabling it to withstand temperatures as low as minus 35 degrees Celsius. It can transport up to 7,500 cubic meters of LCO2. After delivery, it will transport CO2 emissions from the European industrial sectors to a receiving terminal on Norway's west coast, where…

Continue ReadingWorld’s First Liquefied CO2 Carrier delivered in China

First Containership with Integrated Automation Systems Departs Korea

South Korea highlights that the first containership designed with an integrated automation system has completed its installation and testing and is now starting international service. The project which was supported by South Korea’s Ministry of Trade, Industry and Energy and the Ministry of Oceans and Fisheries is designed to advance and commercialize autonomous shipping. The automation systems for the vessel, POS Singapore (22,867 dwt) were designed in South Korea as part of a government-sponsored program to develop the new technologies. PAN Ocean, South Korea’s bulk shipping company, is participating in the program and worked to integrate the systems into the 1,800 TEU vessel.  POS Singapore was ordered in 2022 and built by Hyundai Mipo Dockyard in Ulsan. It measures 576 feet (172 meters) in length and is registered in Liberia. The ship was floated in March and delivered in April. Since then, it has been undergoing the outfitting and testing of the automation system. During today, September 23, sendoff ceremony, government officials highlighted that the ship will be used for the next year in testing and validation of the automation systems. The ship is currently underway bound for Shanghai. It will operate for…

Continue ReadingFirst Containership with Integrated Automation Systems Departs Korea