SEOUL, Jan. 26 (Korea Bizwire) — Samsung Heavy Industries Co. said Tuesday it has won approval in principle (AIP) from the Korean Register of Shipping (KR), a South Korean ship quality assurance and risk management company, for its newly-developed ‘on-board carbon capture system’ that can be used on liquefied natural gas (LNG)-powered ships.
The carbon capture system for ships refers to technology that uses an amine-based liquid absorbent to separate and recover carbon dioxide from the exhaust gas of LNG that is burned in a ship engine or generator.
To achieve its carbon-neutral goal, Samsung Heavy has developed the technology since 2020 in collaboration with local eco-friendly ship components maker Panasia Co.
Samsung Heavy is currently conducting a technology performance test at a demonstration facility built by Panasia in Jinhae, South Gyeongsang Province.
It also signed a carbon capture processing technology service contract with German chemical giant BASF S.E. last year.
The Korean shipbuilder plans to commercialize the carbon capture technology optimized for LNG-powered ships by 2024.
Kevin Lee (kevinlee@koreabizwire.com)