Flex LNG is kicking the tyres on carbon capture.
While extolling the virtues of his company’s modern fleet — Flex’s 13 ships were all built in 2018 or later and are less carbon-intense than most of the rest of the world’s LNG carrier fleet — chief executive Oystein Kalleklev said the ships could be used to capture the CO2.
“LNG carriers are ideal for carbon capture,” Kalleklev said at the Marine Money Week conference in New York on Thursday.
He said the vessels already have the necessary warming and cooling components on board to ease carbon capture.
He said he had spoken about it during Flex investor days.
“I think you will see a lot of ships with CO2 capture,” Kalleklev said. “This is going to happen in the near future.”
It would not be the first LNG carrier owner to make the move toward such systems.
GasLog is working with Daewoo Shipbuilding & Marine Engineering and ABS to develop carbon capture systems for four newbuildings, the first of which is set for delivery in the first half of 2024.
The system is set to be ready in the first half of 2023.
Elsewhere, X-Press Feeders announced on Wednesday that it was exploring carbon capture technology on two more of its ships after running the systems on a third ship it currently operates.
Eastern Pacific Shipping is also trialling carbon capture technology on MR tankers.
Both X-Press and Eastern Pacific are using systems from Rotterdam's Value Maritime.