CCSA & Clarksons Webinar: Updated Costs for CO2 Ship Transport Report

The CCSA and Clarksons recently held a webinar discussing the joint Updated Costs for CO₂ Ship Transport.

With shipping transportation an essential component of the future CO₂ transport system and an integral enabler for the deployment of many dispersed and cross-border CCS projects, it is essential to explore the potential cost and opportunities of this developing market.

The primary purpose of the CCSA/Clarksons report is to provide guidance on the likely cost of transportation of liquefied CO₂ by ship, given current price conditions (at time of publishing), and to build on CCSA’s previous publication ‘Achieving a European market for CO₂ transport by ship’ on the crucial role of shipping for CCUS in Europe.

The report provides a useful benchmark on the expected costs of multiple aspects of the shipping value chain and supports an increase of knowledge throughout the CCUS sector with its publication. The report provides helpful insights into the different parameters which can affect the cost of CO₂ transportation by ship and demonstrates that shipping CO₂ is a viable option for multiple clusters and routes across Europe, including but not limited to, those included in the study.

The report can be downloaded here.

The webinar recording can be viewed here, and the presentation slides can be downloaded below.