Northern Lights Awarding Ship Building Contracts

Source: www.gulfoilandgas.com 10/11/2021, Location: Asia

Northern Lights JV awards contracts for building of two dedicated CO2 carriers to Dalian Shipbuilding Industry Co., Ltd.

As part of the first phase of its CO2 transport and storage infrastructure development, Northern Lights is building two dedicated CO2 carriers, each with a cargo size of 7,500 m3 and a length of 130m. The ships will be built by Dalian Shipbuilding Industry Co., Ltd. (DSIC) and will be ready for delivery by mid-2024.

The vessels are designed to transport liquid CO2 with purpose-built pressurized cargo tanks. The primary fuel for the ships will be LNG, keeping emissions low. Other innovative technologies, such as a wind assisted propulsion system and air lubrication will be installed to reduce carbon intensity by around 34% compared to conventional systems. The ships are the first of its kind and will potentially set a new standard for CO2 shipping on coastal trading routes.

“The award of these contracts is a significant milestone for Northern Lights. The use of ships will enable the development of a flexible and efficient European infrastructure network for transport of CO2 captured by our industrial customers, keeping costs as low as possible to help decarbonization scale up. I am also very pleased that these ships will be built to keep their own emissions to a minimum through use of innovative technology”, says Børre Jacobsen, Managing Director of Northern Lights JV.


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