Shipping firm HMM deploys new shipboard carbon capture system

 KOREAN shipping giant HMM (formerly Hyundai Merchant Marine) has deployed new proprietary technology in the voyage of 2,200-TEU ships, to reduce greenhouse gas emissions, reports Korea Joongang Daily.


During the test voyage, HMM will monitor the gas reduction and its impact on the vessels. The new technology, known as the Onboard Carbon Capture System (OCCS), captures and liquefies carbon dioxide emitted during operations so that the gas is not released into the atmosphere.

To develop the technology, HMM signed a research agreement last April with Samsung Heavy Industries, the Korean Register and a domestic eco-friendly equipment manufacturer, Panasia.

HMM expects that the OCCS will be recognised by International Maritime Organisation amid global interest in carbon capture technology.

The move is part of HMM's effort to achieve carbon neutrality by 2050, along with ordering methanol-powered container ships, utilising biofuels and improving hull efficiency and navigation technologies.

"Securing multiple technological assets is essential to achieving carbon neutrality," HMM said in a statement. "We will contribute to enhancing eco-friendly competitiveness and technology development through various research and development efforts, collaborating with domestic companies and institutions."