Take Your Trading To The Next Level. Get Started Here!

INTERVIEW: Wartsila aims to sell CCS with quick paybacks for IMO 2040 target

March 5, 2024 Comments Off

Wartsila aims to start selling a marine carbon capture and storage system with quick paybacks next year, according to a company manager, suggesting the novel technology could accelerate the shipping industry’s decarbonization pace for the International Maritime Organization’s climate target for 2040. Having been running the CCS system at an onshore test facility for two years, the Finnish technology firm…