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ABS Signs JDP to Develop CO2 Carrier Designs ABS, Hyundai Mipo Dockyard Co., Ltd. (HMD), Korea Shipbuilding & Marine Engineering Co., Ltd (KSOE) and the Republic of the Marshall Islands (RMI) Maritime Administrator have signed a JDP to develop liquefied CO2 carrier designs. Meeting ambitious international climate goals may require global CO2 emissions to fall below zero in the second half of this century, achieving what is known as net negative emissions. Technology for the collection and storage of carbon emissions is a cornerstone of carbon negative strategies, where an organization removes more CO2 from the atmosphere than it emits. “Carbon capture and storage (CCS) has the potential to make a significant contribution to global emissions reduction strategies and safe and efficient transport of liquefied carbon is going to be key to realizing these goals. Development of these next generation CO2 carrier designs will speed the adoption of CCS technology and facilitate net negat

South korea generalSouth koreaMarshall islandsRepublic of the marshall islandsPatrick janssensByeong yong yooTom blenkYoung jun namHyundai mipo dockyard co ltdMaritime affairsKorea shipbuilding marine engineering co ltdKorea shipbuildingMaritime administratorGreen growth marketDeputy commissionerCargo containment system