OGCI, GCMD to progress shipping decarbonisation

The Oil and Gas Climate Initiative (OGCI) and the Global Centre for

shipping sector.

The collaboration will reportedly focus on energy efficiency to reduce

emissions, future low-carbon fuels such as ammonia, methanol, and biofuel

blends, and onboard carbon capture ways.

The partnership expands on an existing collaboration between OGCI and GCMD

known as Project REMARCCABLE, which aims to demonstrate end-to-end onboard

carbon capture at scale.

Phase 1 of this project is already completed, and the results will be

released later this year, according to partners.

This collaboration reportedly supports GCMD’s efforts by assisting in

unlocking the carbon value chain downstream from onboard carbon capture and

storage (OCCS), such as offloading, distribution, utilisation, and sequestration

or utilisation of onboard collected CO2.

Julien Perez, Managing Director, OGCI, said: “This partnership is a great

example of cross-industry collaboration to achieve emissions reductions as it

combines knowledge and expertise from two critically important industries –

energy and shipping – to unlock solutions to help decarbonise this hard-to-abate

sector.”

Professor Lynn Loo, CEO of GCMD, stated: “Our partnership with OGCI will

lend an important lens on shipping’s role in the global fuel transition. As our

coalition partner, we look forward to forge pathways to build up the portfolio

of viable solutions for shipping to achieve its net-zero targets.”

In May, GCMD partnered with NYK Line to begin Project LOTUS (long-term

impact of continuous biofuel usage on vessel operations).