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CO2 shipping: outlook for a niche shipping segment

As global CO2 markets develop, the size of CO2 tankers is expected to increase, and many believe that due to geographical distribution of emitters, CO2 shipping should play a role. Furthermore, CO2 shipping is expected to be more important in Europe than in the United States and China, where announced CCS projects rely more on onshore pipeline infrastructure and onshore storage. An educated estimate for the number of vessels required by 2030 is in the range 10-20 vessels. However, should every project come to fruition in the short term, which is unlikely, the total number of vessels could exceed 50. […]

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