Eastern Pacific Shipping and Value Maritime install fully integrated carbon capture solution

Press Release: Eastern Pacific Shipping (EPS) has announced the successful installation of Value Maritime’s (VM) Filtree system onboard its managed vessel M/T Pacific Cobalt in Rotterdam, the Netherlands. The Filtree system, which filters sulphur and 99% of particulate matter, includes VM’s Carbon Capture & Storage (CCS) module that can capture up to 40% of CO₂ emissions from the vessel’s main and auxiliary engines.

The CO₂ is captured in a special chemical that is stored in an onboard tank that during the retrofit has been recoated and converted for this purpose. The tank now provides sufficient storage space to capture more than 200 tonnes of CO₂ in a single voyage. Once the tank is full, the chemical will be pumped out in port and delivered to end users, such as greenhouses or synthetic fuel producers, who will be able to release the CO₂ on demand. The CO₂ can also be placed into carbon sequestration networks. The chemical will then be returned to the vessel for reuse and to capture more CO₂.

EPS CEO Cyril Ducau stated, “2023 marks a critical year for the shipping industry. For us to hit IMO 2050 and net zero targets, we need to start moving the needle significantly now. To ensure that we are able to make a significant difference, we have been developing a portfolio of solutions across various vessel types. Advanced decarbonisation technology, like the CCS system from Value Maritime, offers a concrete solution that can be implemented on existing vessels. The result is an immediate carbon emission reduction while removing the need to wait for the development and rationalisation of alternative green fuel infrastructure.”

Value Maritime Co-Founder & Director Maarten Lodewijks says, “Indeed, 2023 is the year of change for sustainable shipping. EPS is leading the charge of shipping companies that have already started the transition to a greener fleet. Thanks to them, we have now succeeded in bringing our filtering and carbon capture technology to the tanker market. A special thanks should go to the installation team who completed this project within a narrow window and with the utmost professionalism.”

The installation of the prefabricated gas filtering system commenced in mid-January 2023 in Rotterdam. It took 17 days to complete and was managed jointly by EPS’s and VM’s sea and shore staff.