Greek shipowner Peter Livanos is backing EcoLog, a new player in carbon capture, utilization, and storage (CCUS) technology, which plans to become the world’s leading midstream company by 2035, investing in the construction of 60 vessels and associated imports and exports. The terminal transports 50 million tons of carbon dioxide annually.
CCUS technology is a new development trend of CCS (Carbon Capture and Storage) technology, that is to purify the carbon dioxide emitted in the production process, and then put it into a new production process, which can be recycled and reused instead of simply Archive.
It is understood that EcoLog was established with the support of Ceres Shipping, a shipping company owned by Peter Livanos, which operates liquefied natural gas (LNG) shipping through GasLog Ltd and dry bulk shipping through DryLog.
According to EcoLog, its ships are expected to be between 20,000 and 85,000cbm in size, and each will transport more than 1 million tons of carbon dioxide per year at its import and export terminals. “Vessels and terminals will operate at 8 bar pressure to ensure efficient and safe transport of large volumes of CO2. All the technologies deployed in this network are built over the years and only need to be reconfigured for scale and product,” EcoLog said.
According to EcoLog, the company will start by transferring 5 million tons per year from 2025 to 2026, and achieve 50 million tons of carbon dioxide transportation in 2035. Jasper Heikens, chief commercial officer at EcoLog, said: “The global challenge of sequestering 7.6 gigatonnes of CO2 by 2050 to keep global warming under 1.5 degrees (International Energy Agency figures) is clear, and we are building the infrastructure to make it happen. “
CCUS技术是CCS（Carbon Capture and Storage，碳捕获与封存）技术新的发展趋势，即把生产过程中排放的二氧化碳进行提纯，继而投入到新的生产过程中，可以循环再利用，而不是简单地封存。
据了解，EcoLog的成立得到了Peter Livanos旗下航运公司Ceres Shipping的支持，后者业务通过 GasLog Ltd 进行的液化天然气 (LNG) 运输和通过 DryLog 进行的干散货运输。
据EcoLog公司称，其船舶的预计规模在2万-8.5万立方米，每船每年将在其进出口码头运输超过100万吨二氧化碳。“船舶和码头将在 8 巴压力下运行，以确保高效安全地运输大量二氧化碳。该网络中部署的所有技术都已建立多年，只需针对规模和产品进行重新配置。” EcoLog表示。