The Society of Naval Architects of Korea

SNAK NEWSLETTER	December, 2021
[Trends in the Shipbuilding Industry and R&BD] Daewoo Shipbuilding & Marine Engineering Co., Ltd.

Daewoo Shipbuilding & Marine Engineering Accomplished the Development of Carbon Capture and Storage Technology Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME), who leads global markets in the eco-friendly ship field, accomplished the technical development to capture and store carbon dioxide emitted from the engine when sailing, garnering the attention of numerous ship owners. On September 16, 2021, DSME announced that they verified the effectiveness of the Carbon Capture and Storage (CCS) technology, which captures and stores carbon dioxide with ammonia absorbents, by using their patent technologies and the exhaust gas purification technology from HI AIR KOREA Co., Ltd., a company specializing in equipment. DSME had already completed their domestic and foreign patent applications related to CCS. CCS is the technology to preemptively respond to the tightening environmental regulations and is known for its innovative reduction technology to prepare the 2050 carbon-neutral era. Its wet capturing process and mineral carbonation capture a large amount of carbon dioxide emissions with ammonia, thus the absorbed amount can be adjusted accordingly by the scale of the equipment. One of its strengths is that absorbers can be used again after being recovered, which is almost zero-waste. Carbon dioxide is one of the typical Greenhouse Gases (GHG) emitted from ships. The International Maritime Organization (IMO) plans to regulate the emission of GHG, such as carbon dioxide, in accordance with the standards of the Energy Efficiency Design Index (EEDI) and Energy Efficiency Existing Ship Index (EEXI). This provides that any ship that fails to fulfill the regulations would be less competent because of the tightening regulations in the future shipping markets. This mineral carbonation is one of the technologies that DSME developed, which theoretically captures and stores carbon dioxide emissions permanently. Hence it will be greatly helpful in fighting climate change. Since Environmental, Social, and Governance (ESG) management is becoming especially crucial globally nowadays, major shipping companies in Europe, the United States, and other countries require higher degrees of green technologies. With this, DSME's CCS will surely provide new solutions to the ship owners and help strengthen future competitiveness by actively responding to environmental regulations.

Daewoo Shipbuilding & Marine Engineering Accomplished the Development of Carbon Capture and Storage Technology

Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME), who leads global markets in the eco-friendly ship field, accomplished the technical development to capture and store carbon dioxide emitted from the engine when sailing, garnering the attention of numerous ship owners.

On September 16, 2021, DSME announced that they verified the effectiveness of the Carbon Capture and Storage (CCS) technology, which captures and stores carbon dioxide with ammonia absorbents, by using their patent technologies and the exhaust gas purification technology from HI AIR KOREA Co., Ltd., a company specializing in equipment. DSME had already completed their domestic and foreign patent applications related to CCS.

CCS is the technology to preemptively respond to the tightening environmental regulations and is known for its innovative reduction technology to prepare the 2050 carbon-neutral era. Its wet capturing process and mineral carbonation capture a large amount of carbon dioxide emissions with ammonia, thus the absorbed amount can be adjusted accordingly by the scale of the equipment. One of its strengths is that absorbers can be used again after being recovered, which is almost zero-waste.

Carbon dioxide is one of the typical Greenhouse Gases (GHG) emitted from ships. The International Maritime Organization (IMO) plans to regulate the emission of GHG, such as carbon dioxide, in accordance with the standards of the Energy Efficiency Design Index (EEDI) and Energy Efficiency Existing Ship Index (EEXI). This provides that any ship that fails to fulfill the regulations would be less competent because of the tightening regulations in the future shipping markets. This mineral carbonation is one of the technologies that DSME developed, which theoretically captures and stores carbon dioxide emissions permanently. Hence it will be greatly helpful in fighting climate change.

Since Environmental, Social, and Governance (ESG) management is becoming especially crucial globally nowadays, major shipping companies in Europe, the United States, and other countries require higher degrees of green technologies. With this, DSME's CCS will surely provide new solutions to the ship owners and help strengthen future competitiveness by actively responding to environmental regulations.

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