Dutch emissions-reducing maritime technology company Value Maritime (VM), has successfully installed its Exhaust Gas Cleaning System (EGCS) and Carbon Capture unit aboard ‘Nexus Victoria’, an LR1 product tanker owned by Mitsui OSK Lines (MOL).
The completion of this installation is said to mark a significant development in CO2 emissions reduction in the shipping industry and demonstrates MOL’s commitment to sustainability.
VM’s 15MW next-generation EGCS Filtree system can filter sulphur and (ultra)fine particulate matter and can capture 10% of the vessel’s CO2 emissions with potential scalability to 30% if needed. The 75,000 dwt Nexus Victoria is now the largest vessel to incorporate VM’s SOx scrubber with advanced carbon capture technology and the first LR1 tanker to sail with this system. The installation was completed in Singapore under the supervision of VM’s specialised technical team.
Alican Kilinc, VM Operations Director, said: “Our first commissioning in Singapore is a milestone for Value Maritime. We appreciate MOL’s trust in our technology and are excited to support their decarbonisation efforts. Collaborating with one of the world’s leading shipowners drives us to push innovation forward and provide the industry with the most effective emission-reducing solutions.”
MOL aims to achieve net zero GHG emissions by 2050.
Hiroyoshi Kubo, MOL Executive Officer – Tanker Unit, said: “This system represents a crucial step in decarbonising vessels that cannot yet transition to next-generation fuels. Together with Value Maritime, we are committed to advancing carbon capture solutions and building a CO2 value chain that contributes to a sustainable, carbon-neutral industry.”
Looking ahead, Value Maritime aims to expand its partnerships across Asia and enhance its carbon logistics infrastructure through Value Carbon, its dedicated carbon capture and storage sister company.
Christiaan Nijst, Co-founder and Director, Value Group, said: “End-to-end carbon capture solutions are essential to achieving industry-wide decarbonisation. By integrating maritime carbon capture with onshore utilisation, we’re closing the loop on emissions and creating a more sustainable shipping ecosystem.”
Image: ‘Nexus Victoria’, the largest vessel to be fitted with Filtree system (source: Value Group)
