Seatrium has signed a Letter of Intent (LOI) with Solvang ASA for the installation and retrofitting of Carbon Capture and Storage (CCS) technology. The LOI marks a significant development in the partnership between the two companies, aiming to reduce carbon emissions in the maritime industry.

Partnership Details

The partnership between Seatrium and Solvang ASA is focused on the installation and retrofitting of CCS technology on Solvang's vessels. The LOI outlines the scope of work, timeline, and responsibilities of each party. This builds on their successful delivery of Clipper Eris in February 2025, which was the world's first full-scale turnkey retrofit of a 7 MW CCS system. The collaboration will specifically target Solvang's new series of Very Large Gas Carriers (VLGCs), which are already configured for CCS. The project is anticipated to commence in late 2026.

Carbon Capture and Storage

The installation and retrofitting of CCS technology on Solvang's vessels will help reduce their carbon footprint and contribute to a more sustainable maritime industry. Seatrium will provide turnkey Engineering, Procurement, and Construction (EPC) solutions for the CCS package.

Industry Impact

The partnership between Seatrium and Solvang ASA has the potential to make a significant impact on the maritime industry. The adoption of CCS technology can help reduce carbon emissions and contribute to a more sustainable future for the industry. The agreement between the two companies may also encourage other maritime companies to explore similar initiatives. The signing of the LOI marks an important step forward in the partnership between Seatrium and Solvang ASA, and the successful implementation of CCS technology on Solvang's vessels will be a significant milestone in the maritime industry's transition to a more sustainable future.

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