Capital Clean Energy Carriers Delivers First Low-Pressure Liquid CO2 Carrier
Capital Clean Energy Carriers announced the delivery of the first 22,000 cubic meters, cbm, low-pressure liquid CO2 carrier, the Active, from Hyundai Mipo Dockyard. The Active is the first of four 22,000 cbm LCO2/multi gas carriers under CCEC's investment program at HMD. The vessel is designed to transport LCO2, while remaining fully competitive in the conventional handy semi-refrigerated gas carrier market. These ships feature multi-cargo capability and can carry LCO2, LPG, ammonia and selected petrochemicals, providing exceptional deployment flexibility across market cycles. With the handy semi-refrigerated gas carrier orderbook relatively limited, these vessels stand out for their versatility and optionality as they adapt to shifting market dynamics. At the same time, the series has been engineered to support the emerging Carbon Capture, Utilization and Storage value chain. As global CCUS infrastructure develops, demand for LCO2 transportation is expected to increase, positioning the Active and her sister vessels as ready-to-deploy tonnage for charterers. Based on the current pipeline of projects tracked in the International Energy Agency's CCUS Projects Database, CO2 capture capacity could reach approximately 430 million tonnes per year by 2030, while storage capacity could rise to approximately 670 million tonnes per year over the same period. Today, global capture capacity is estimated at roughly 50 million tonnes per year. As captured CO2 volumes scale and storage sites are increasingly connected with industrial hubs, and logistics solutions-including marine transportation-are expected to play a larger role. This combination of scarce supply, multi-cargo flexibility and growing LCO2 transportation demand places CCEC in a strong first-mover position in a structurally evolving segment
