Maritime

Value Maritime and MOL Complete Carbon Capture First

LR1 product tanker Nexus Victoria fitted with Value Maritime’s emission-reducing technology. (Image credit: Value Maritime)

Value Maritime (VM), a pioneer in emissions-reducing maritime technology, has successfully installed its unique Exhaust Gas Cleaning System (EGCS) and Carbon Capture unit aboard Nexus Victoria, an LR1 product tanker owned by Mitsui O.S.K. Lines, Ltd. (MOL).

The completion of this installation marks a significant development in CO2 emissions reduction in the shipping industry and demonstrates MOL’s commitment to sustainability.

A First in the Industry

VM’s 15MW next-generation EGCS Filtree system can filter sulphur and (ultra)fine particulate matter and can capture 10% of the vessel’s CO2 emissions with potential scalability to 30% if needed. Nexus Victoria, with a deadweight tonnage (DWT) of 75,000, is now the largest vessel to incorporate VM’s SOx scrubber with advanced carbon capture technology and the first-ever LR1 tanker to sail with this system. The installation was completed in Singapore under the supervision of VM’s specialized technical team.

Value Maritime 2

(Image credit: Value Maritime)

“Our first commissioning in Singapore is a milestone for Value Maritime,” said Alican Kilinc, Operations Director at Value Maritime. “We appreciate MOL’s trust in our technology and are excited to support their decarbonisation efforts. Collaborating with one of the world’s leading shipowners drives us to push innovation forward and provide the industry with the most effective emission-reducing solutions.”

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