December 24, 2025
BY American Petroleum Institute
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Capital Clean Energy Carriers Corp. has taken delivery of the world’s first 22,000-cubic-meter low-pressure liquid CO2 carrier, Active, marking a milestone for marine transportation within the emerging CCUS value chain. The vessel is designed to transport liquid CO2 while retaining flexibility to operate across conventional gas markets.
Cory Group has received approval from the UK Government to build a carbon capture and storage project at its Riverside waste-to-energy facility in Belvedere, targeting about 1.4 million tons of CO₂ per year.
AtmosClear has selected ExxonMobil to provide CO₂ transportation and storage services for its planned carbon capture projects. The agreement covers long-term sequestration of captured emissions in secure geological formations, supporting AtmosClear’s strategy to scale durable carbon removal.
MODEC has received Approval in Principle from the American Bureau of Shipping for its Floating Storage and Injection Unit (FSIU), designed to handle liquid CO₂ at sea. The unit can receive, store, and inject up to 10 million tonnes of CO₂ annually into subsea reservoirs, eliminating the need for onshore storage and pipelines.
Babcock’s LGE business has secured Approval in Principle from Lloyd’s Register for its ecoCPTR® onboard carbon capture system. The technology combines Aqualung’s facilitated transport membrane capture with Babcock’s ecoCO2® system, offering a compact, modular solution for both new and retrofitted vessels.