AsiaGasShipyards

Korean LCO2 storage tanks unveiled

A South Korean manufacturer has unveiled how the world’s largest liquefied carbon dioxide (LCO2) storage tanks will look like.

Sejin Heavy Industries is constructing a pair of LCO2 tanks for Evangelos Marinakis’ Capital Maritime, which ordered last July two firm 22,000 cu m ships at Hyundai Mipo, with options for two more.

The nascent LCO2 seaborne trades are currently very small in scale with Marinakis’ orders the current record-breakers in terms of capacity. 

LCO2 tanks require 50% thicker plates than those used for LPG

Transporting carbon dioxide in liquid form requires maintaining high pressures up to four to five times atmospheric levels and low temperatures below -78°C. Due to its sensitivity to external conditions, where it can easily transition between gas, liquid, and solid states, LCO2 tanks require much thicker plates than those used for LPG tanks, about 50% thicker, to sustain the necessary high pressure and low temperature. 

A Sejin Heavy representative stated, “Domestic major shipyards are actively engaging in the LCO2 carrier market, viewing it as a potential growth driver. Sejin Heavy Industries has also been thoroughly preparing for this trend alongside the shipbuilders. Discussions are currently underway with world-class shipbuilders for orders of around 30 LCO2 tanks, and we anticipate further orders in the future.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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