DNV has entered into a joint development project (JDP) with ship owner AL Group and its Singapore company Asiatic Lloyd Maritime LLP to examine the technical and economic feasibility of applying CCS technology on board AL Group’s containerships and Kamsarmax bulk carriers.

Under the JDP, DNV will cooperate with AL on a techno economic study of CCS on board AL’s 7,100 teu container ships and Kamsarmax bulk carrier newbuildings. The study will use DNVs FuelPath tool to assess the economic potential of the different fuel and technology strategies. The model will reflect a range of fuel and CO2 price scenarios and future decarbonisation requirements, aligned with AL’s own net zero ambitions.