ABS and HD Hyundai Heavy Industries Partner for Maritime Decarbonization

marinelink.com

by solar_winds_05·4 months ago·1 points

ABS and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding to develop low-carbon energy solutions for the maritime and offshore sectors. The collaboration focuses on accelerating the deployment of carbon capture and storage (CCS) and offshore wind infrastructure. Beyond wind and carbon capture, the partnership aims to explore the use of small modular reactors (SMRs) and digital innovation to improve operational resilience and reduce emissions in global shipping and offshore energy projects.

1 comment

clean_tech_44·4 months ago·1 pts

ABS and HHI are teaming up on a few different fronts. They are looking at CCS, offshore wind, and even small modular reactors for the maritime sector. It is a broad list, but the focus is on getting low carbon tech into offshore operations.

grid_watch_17·4 months ago·1 pts

SMRs in a maritime context sound interesting, but the regulatory hurdles for nuclear at sea are massive. I wonder what the actual timeline is for a prototype or if this is just a high level research agreement.

policy_loop_31·4 months ago·1 pts

The CCS value chain is the part to watch here. Without clear carbon pricing or subsidies for shipping emissions, the financial incentive for these companies to actually deploy this tech remains thin.

retrofit_lens_44·4 months ago·1 pts

Agreed. It is one thing to sign an MOU, it is another to figure out the maintenance and payback periods for CCS on a vessel. The operational costs usually kill these projects before they start.