Creating a pathway to carbon negative shipping

DecarbonICE – creating a pathway to carbon negative shipping
The shipping industry is looking for carbon free solutions to achieve the IMO 2050 target of a 50% CO2 emissions reduction compared to the 2008 level. While better technical and operational solutions must continue to be pursued, they will only bring the industry part of the way. Low or zero carbon fuel solutions must be introduced and scaled by 2050 to reach the target.
Maritime carbon capture and storage
Many initiatives and pilot projects with zero carbon or carbon neutral fuels are being launched in these years. They are first introduced for short sea shipping with an ambition that the solutions can later be scaled to deep sea shipping, which accounts for 80% of shipping’s CO2 emissions.
On board carbon capture with subsequent storage at appropriate sites may also be part of an eventual solution. In this context, the use of conventional (fossil) fuels may become carbon free.
Leading shipowners and yards
A group of world leading shipping companies including NYK, Sovcomflot, Knutsen OAS and Ardmore, ship builders, including DSME and the mining company Vale, have therefore teamed up with Denmark based Maritime Development Center to develop such an on-board carbon capture and storage solution in a project named decarbonICE.
DecarbonICE is based on two new main ideas for the capture and storage part, respectively. The CO2 and other GHG’s in the ship exhaust are captured on board in a cryogenic process and turned into dry ice. Proven offshore technology is then applied during normal ship operations to transport the dry ice into the seafloor sediments. Here the CO2 will be safely and permanently stored as liquid CO2 and CO2 hydrate.
Enables carbon negative shipping
The decarbonICE concept is intended for ship newbuildings, but also for retrofitting on existing ships, thereby providing the opportunity to accelerate the transition towards the IMO target. In combination with future carbon neutral fuels like biofuels and electro fuels, the decarbonICE technology can create carbon negative shipping and thus contribute to atmospheric carbon reduction at a significantly lower cost than shore-based carbon capture.
The project started 1 October 2019 and will run through 2020. The aim is to prepare a feasibility study and to initiate the IMO approval process for the technology.
“While we support a final goal of availability of zero carbon or carbon neutral fuels, we believe that a bridging carbon free solution is needed, which can utilize existing assets in terms of ships, propulsion systems and fuels. The decarbonICE project is intended to offer exactly that, and at a predicted low energy penalty well below 10%,” says the Chairman of the decarbonICE project, former DNVGL President and CEO Henrik O. Madsen.
“As a leading and responsible shipping company, we have been studying many proposals for future propulsion systems and fuels to achieve the IMO 2050 target. We are very excited about the opportunity created through the decarbonICE technology, and we strongly support this as one of the possible ways to achieve the target,” says Mr. Taizo YOSHIDA, Corporate Officer, General Manager of NYK’s Technical Group.
“The maritime industry seems to be overlooking that on-board carbon capture with
subsequent storage at appropriate sites may also qualify as a carbon free solution. At DSME we are following several Korean research groups studying the behavior of CO2 injected into seabed sediments. The success of the decarbonICE project will also depend on how the required power can be minimized for the cryogenic cooling process,” says Mr. Odin KWON, CTO of DSME.
“Vale wants to contribute to reduce emissions of its customers and suppliers, and the shipping industry is included in this strategy. DecarbonICE is one of the technologies that has been studied by Vale in order to achieve this goal,” says Vagner Loyola, Ferrous Value Chain Director.
Related News.
October 15, 2026
Hong Kong Global Maritime Trade Summit to return for third edition
The International Chamber of Shipping, in collaboration with the Transport and Logistics Bureau of the Government of Hong Kong and the Hong Kong…
October 15, 2026
Appetite for US crude oil exports climbs despite high freight
South Korea tops US crude destinations at 568,600 b/d VLCC rates to Asia double, closing arbitrage window European refining margins…
October 15, 2026
Shipping stocks Rally as Hormuz Traffic plunges 75%
Ship traffic through the Strait of Hormuz — a critical chokepoint handling about 20% of global crude oil and liquefied natural gas shipments — has…
October 15, 2026
Diana Shipping announces Time Charter Contract for m/v G P Zafirakis with Classic Maritime
Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
October 15, 2026
New IMO ESP Code framework for Remote Inspection Techniques
The International Maritime Organisation, through Resolution MSC.584(111) , has adopted amendments to the International Code on the Enhanced…
October 15, 2026
ABS opens Offshore & Marine Support Center in Bergen
ABS has expanded its capabilities in the Norwegian maritime market with the opening of a cutting-edge support center in Bergen, bringing advanced…
October 15, 2026
MOL holds giant step memorial ceremony and beach cleanup at Kashima Coast
Memorial and Reflection 20 Years After the Accident: Learning from the Past to Foster an Even Stronger Safety Culture Mitsui O.S.K. Lines, announced…
October 15, 2026
KEZAD-based Arabian Gulf Steel Industries achieves lowest verified Carbon Footprint for Rebar
CARES UK verified Environmental Product Declaration confirms 139 kg CO₂e per tonne for rebar produced at AGSI’s KEZAD Abu Dhabi facility Arabian…
October 15, 2026
Indian Register of Shipping announces launch of first fleet support ship INS Surya
Indian Register of Shipping continues to strengthen its role in supporting the Indian Navy and India’s naval shipbuilding capabilities through the…
October 15, 2026
VLCCs Climbing the Record Charts
LR2 The TC1 75kt MEG/Japan index decreased by only a single point this week to WS928. The corresponding Baltic round-trip TCE fell by $2,000 to…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























