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CO2 Carriers for CCS Expand

April 12, 2026

1 min read

Key Takeaways

Northern Lights starts commercial CO2 transport operations.
New ships are being built for CO2 transport and storage.
Capacity expansion planned to 5 million tonnes per year by 2028.
Japan supports project for undersea CO2 storage.

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Strategic Implications

The growth of CO2 carriers may indicate a significant shift in the maritime industry towards supporting carbon capture and storage efforts. This emerging segment could drive innovation in ship design and propulsion, and suggests a growing demand for CO2 transport and storage solutions.

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What Happened

New Shipping Segment Emerges to Support Carbon Capture

A new segment of shipping, purpose-built CO2 carriers, is emerging to support carbon capture and storage (CCS) efforts. Northern Lights, a partnership between Equinor, Shell, and TotalEnergies, has started commercial operations and plans to expand capacity to 5 million tonnes per year by 2028. Other companies, such as Royal Warenborg and Shin Kurushima Sanoyasu Shipbuilding, are also developing CO2 carrier concepts. This development was reported by The Maritime Executive.

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Companies Mentioned