DNV and AL Group to cooperate on CCS feasibility study
(Posted on 05/11/23)
Classification society DNV has entered into a Joint Development Project (JDP) with AL Group and its Singapore company Asiatic Lloyd Maritime LLP to explore the feasibility of carbon capture and storage (CCS) on board AL’s Kamsarmax bulk carrier newbuildings and 7,100TEU containerships.
Under the JDP, DNV will cooperate with AL on a techno economic study of CCS on board the vessels using DNVs FuelPath 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 decarbonization requirements, aligned with AL’s own net zero ambitions.
“At AL Group we continue with our unwavering journey on sustainability and efforts on decarbonization. This Joint Development Project with DNV allows us to explore actively, the adoption of carbon capture technology for our future fleet, while fortifying our commitment to environmental stewardship, emissions reduction, and innovation”, said Tonci Zdunic, Group Fleet Director of AL Group.
Adding to this, Cristina Saenz de Santa Maria, Regional Manager South East Asia, Pacific & India, Maritime at DNV said, “It’s becoming increasingly important for shipowners to look ahead and embark on a decarbonization strategy that allows for regulatory compliance and optimized operations. To this effect, we are delighted to be partnering with AL Group to explore cost-effective fuel strategies that would support their net zero ambitions. Backed by DNV’s experienced global network and team of experts in the Maritime Decarbonization & Autonomy Regional Centre of Excellence in Singapore, we are in a prime position to help the industry navigate the maritime energy transition in a safe and efficient manner.”
DNV published new guidelines for the safe installation of onboard carbon capture and storage (OCCS) system on board ships earlier this month. This comes amid growing pressure on the shipping industry to develop effective technologies to reduce emissions by 2030.
DNV is the world’s leading classification society and a recognized advisor for the maritime industry.
AL Group operates under the names Asiatic Lloyd in Singapore and Atlantic Lloyd in Hamburg and represents the shipping activities of the K.F. Bunnemann family. Originally founded in 1857 as a ship agency business named ‘Herm. Dauelsberg”, the family have owned commercial vessels since 1887. Today the Group is run by the 5th generation of the Bunnemann family and owns a fleet of over 40 modern container ships, bulk carriers, product tankers and car carriers.
Latest News
Greek owners to play key role in nuclear development for maritime sector
(Posted on 29/09/25)“Nuclear energy is stepping forward as a credible long-term solution” stated Christopher... Read more
Columbia leader calls on the maritime industry for alternative fuels reality check
(Posted on 29/09/25)The CEO of leading integrated maritime, logistics, energy, leisure and offshore services platform Columbia... Read more
Record numbers from Indian subcontinent for Sailors’ Society conference
(Posted on 22/09/25)More than 4000 cadets, trainees and ratings from the Indian subcontinent took part in the first of Sailors... Read more
The Swedish Club expands management team
(Posted on 22/09/25)The Swedish Club have announced that it is strengthening its management team to match the pace of its... Read more
Shipowners face Port State Control crackdown on BWTS compliance
(Posted on 22/09/25)BIO-UV Group is advising shipowners to ready themselves for extensive Port State Control inspections... Read more
CORE POWER welcomes agreement to accelerate investment in maritime decarbonisation
(Posted on 16/09/25)The U.S. and the UK have announced a bilateral collaboration to accelerate reactor licensing from three... Read more
Cobelfret accelerates digital transformation with integrated maritime platform
(Posted on 14/09/25)Cobelfret, a leading global dry bulk shipowner and operator based in Singapore, has partnered with Smart... Read more
Support grows for India’s new maritime CCTV rules
(Posted on 14/09/25)Zelim is calling on international regulators and flag states to follow India’s lead on enhancing... Read more
Ionic extends Orca AI to bulker fleet to boost safety
(Posted on 09/09/25)Athens-based Ionic controls a fleet of eight crude tankers and 11 bulkers under its respective wet and... Read more
Columbia and Pan Marine launch Egyptian JV
(Posted on 09/09/25)Columbia Group, a global leader in integrated maritime services, has announced the establishment of... Read more
