Market Intelligence

Lloyd's Register Identifies Prime Ship Segments for Onboard Carbon Capture

A study by Lloyd's Register highlights medium-range tankers, chemical carriers, LNG-fuelled ships, and feeder vessels as the primary near-term candidates for onboard carbon capture.

Lloyd's Register Identifies Prime Ship Segments for Onboard Carbon Capture
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Classification society Lloyd's Register has published a study examining the practical application of onboard carbon capture and storage systems for existing vessels. Released during the SMM Hamburg trade exhibition, the research outlines how medium-range tankers, chemical tankers, LNG-powered vessels, and feeder ships represent the most viable near-term options for deployment.

The findings indicate that onboard capture technology has progressed past the initial design phase and is entering commercial-scale deployment. Existing full-scale equipment captures between 30% and 40% of carbon dioxide emissions, while larger trial installations are aiming for capture levels near 70%.

Despite technical progress, the classification society emphasised that broader industry uptake will require regulatory clarity. Establishing definite regulatory frameworks remains a critical factor in driving investment and supporting the long-term implementation of carbon capture across global fleets.

Source attribution

LR report identifies tankers, LNG and feeder vessels as near-term candidates for onboard CCS

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