Svanehøj to supply CO2 pumps for INEOS’ project Greensand in the North Sea

INEOS, the global leading petrochemicals company, has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in carbon capture and storage, reinforcing its track record as a trusted specialist in critical equipment for liquefied gas.
The INEOS-led Project Greensand will become the EU’s first full-scale CO₂ storage facility, contributing to climate change mitigation. Following a successful trial, storage operations are set to begin by late 2025 or early 2026.
INEOS recently entered a long-term agreement with maritime logistics company Royal Wagenborg to construct and deploy the first dedicated LCO₂ carrier for the Greensand project. Now, INEOS has selected Svanehøj as the supplier of CO2 cargo pumps for the new vessel. Svanehøj will also deliver CO2 pumps for the project’s onshore facility in Port Esbjerg.
“We have worked closely with INEOS’ development team over the past year to specify customized pump solutions for both the onshore terminal and the vessel. It has been a rewarding process, allowing us to leverage our extensive expertise in CO₂ and contribute to an optimized design regarding flow and pressure” said Magnus Madsen, Sales Manager, Cargo Gas, at Svanehøj.
Decades of experience in CO2 pumps
Svanehøj delivered its first cargo pump solution for an LCO2 carrier in the 1990s. Being one of the few marine pump manufacturers with experience in CO2 pumping systems, the company has identified CCS among its future key growth segments.
Notably in 2024, Svanehøj was awarded a contract to supply CO₂ pumps for the world’s largest LCO₂ carriers, currently under construction at HD Hyundai Mipo. Svanehøj is also the supplier of CO₂ pumping systems for the Northern Lights LCO₂ fleet in Norway. The new order from INEOS and Project Greensand further strengthens Svanehøj’s position as a market leader in the CCS segment.
400,000 tonnes of CO2 a year from 2026
Project Greensand is named after the type of sandstone beneath the seabed in the Danish North Sea. By initiating the first commercial phase, Project Greensand establishes the full-value chain as captured and liquefied CO₂ from Danish biogas producers is transported offshore for injection into depleted oil wells in the North Sea’s Nini Field for permanent storage.
The first purpose-built LCO₂ carrier for Project Greensand will be based on the EasyMax concept, developed by Royal Wagenborg and Royal Niestern Sander shipyard. It is an open-top multi-purpose ice-classed vessel design, combining a large load capacity and low fuel consumption. The vessel is expected to be ready for operation by the end of 2025.
In this phase of the project, INEOS aims to store 400.000 tonnes of CO2 per year with an outlook to scale the capacity to 8 million tonnes a year as volumes of captured CO2 for storage increase.
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
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























