Dan-Unity CO₂ is the first shipping company specialized in vessels for transport of captured CO₂ for storage (CCS) and re-use (CCU). Dan-Unity CO₂ is founded by two Danish-based shipping companies, Evergas and Ultragas.

Dan-Unity CO₂ is pleased to announce its partnership with Icelandic Carbfix and together we will, already in 2025, be able to offer transport and storage of CO₂ and thereby enable large-scale CO₂ emission reductions. The CO₂can be safely injected into and stored in Iceland’s volcanic bedrock where it will be naturally converted into stone within two years, at a price competitive to conventional storage, offshore included. Carbfix estimates that Iceland has capacity of 2500 giga tons CO₂ – more than 55 years of the entire globe’s emissions.

“The Carbfix technology provides a safe, permanent and economic alternative to conventional carbon capture and storage solutions by imitating and accelerating nature’s way of CO₂ mineral storage. By dissolving CO₂ in water and injecting it into underground basaltic formations, the CO₂ turns into stone in less than two years. Collaboration of Carbfix and Dan-Unity CO₂ further strengthens the robust relationship between Iceland and Denmark. While already being pioneering countries with respect to ambitious climate targets, cross-border climate action will be significantly strengthened by the two companies joining forces,” says Edda Sif Pind Aradóttir, CEO of Carbfix.

Captured CO₂ will also be used for alternative energy forms such as CCU and Power-to-X and once the vessels are built, they can carry CO₂ either to storage in Iceland or in offshore depleted oil fields at sea, or to utilization at a Power-to-X plant. Whatever is required, shipping by specialized vessels is needed.

“The technology and experience are in place. Capture, transport and storage are all proven concepts; thus, what it takes to start building the needed vessels is to secure the regulatory framework including CO₂taxation are in place”, says Steffen Jacobsen, CEO of Evergas.

The import and storage of CO₂ in Iceland is legalized and supported by local Government and Parliament, carving the way to an early and large-scale CO₂ reduction for initially the North European industries, enabling the emissions to be safely locked away forever.

According to the IPCC, UN and EU, CCS is a necessity in the climate action strategies. The Danish government has assessed that CCS has the greatest reduction potential of all climate initiatives. Still, only 3 pct of the Danish CO₂reduction in 2030 is assumed coming from CCS, a number that could easily be more than 10 times as high.

Steffen Jacobsen says: “As shipping plays a crucial role in transporting the CO₂ for storage and re-use, Denmark, being a global shipping nation, has a unique opportunity to lead in experience and new technologies. Already internationally well-known for its climate solutions, including alternative fuel for shipping transport, we can further strengthen this position.”

One vessel alone can deliver a safe and cost-efficient transport of 450,000 tons C02 annually, almost equivalent to the full yearly amount of the Danish Government’s current strategy. The vessels will be purpose-built, and thus not be compatible with any other trades; consequently, longer term contract commitments are required to initiate newbuilding projects. Once in place, Dan-Unity CO₂ can build the number of vessels required using one of the different vessel size designs currently being developed with a lead time of 27-28 months for building a CO₂ vessel. The vessels are of course prepared to sail on green energy.