Northern Lights is developing infrastructure to transport CO2 from industrial emitters in Norway and other European countries by ship to a receiving terminal in western Norway for intermediate storage, before being transported by pipeline for permanent storage in a geological reservoir 2,600 m under the seabed.
The two CO2 carriers are being built at Dalian Shipbuilding (DSIC) in China and are expected to be operational in 2024. Both vessels will have a capacity of 7,500 m3 of liquid CO2. Svanehøj will deliver two 15 m deepwell cargo pumps of for each ship. In this project, Svanehøj's multigas technology will be shown to its full potential, as the customer wants the pumps to also be used to handling LPG natural gas. Over the years, Svanehøj has supplied cargo pump systems to more than 1,100 LPG tankers around the world.
“We have won the order through our long-standing partner, TGE Marine, which designs and delivers complete cargo handling systems for the CO2 carriers,” said Thomas Uhrenholt Nielsen, sales director, Cargo Gas at Svanehøj. “TGE has chosen our deepwell cargo gas pumps, which they are very familiar with from numerous LPG tankers.”
Svanehøj has been supplying cargo pump systems for CO2 carriers since the late 1990s.
“Thanks to our experience from the relatively few CO2 ships built so far, we are part of the dialogue on several of the upcoming CCS (carbon capture & Storage) projects. CCS is a focus area in our business strategy, and the order from TGE for Northern Lights is therefore of great strategic importance. This could be a big market for us within the next few years,” addedsaid Uhrenholt Nielsen.
Svanehøj started 2022 with a new "Powering a better future" strategy and a target of doubling its turnover to DKK1 billion (approximately US$143 million) by the end of 2026. The strategy is primarily focused on supporting the transition to climate-neutral shipping, but also on investing in new business areas, including CCS.