ABS Signs JDP to Develop CO2 Carrier Designs
CO2 Transport Technology Will Support Global Net Negative Ambitions(SEOUL) ABS, Hyundai Mipo Dockyard Co., Ltd. (HMD), Korea Shipbuilding & Marine Engineering Co., Ltd (KSOE) and the Republic of the Marshall Islands (RMI) Maritime Administrator have signed a JDP to develop liquefied CO\2\ carrier designs. Meeting ambitious international climate goals may require global CO\2\ emissions to fall below zero in the second half of this century, achieving what is known as net negative emissions. Technology for the collection and storage of carbon emissions is a cornerstone of carbon negative