Hyundai Glovis is set to develop the world’s largest carbon dioxide carrier, with a 74,000 cu m capacity. The South Korean owner will work with Hyundai Heavy Industries for the new design, an agreement on which was signed earlier this week.
Kim Tae-woo, chief of shipping at Hyundai Glovis, stated: “In order to achieve Korea’s national greenhouse gas reduction target and global net zero, carbon capture and storage is essential. By developing the world’s largest liquefied carbon dioxide carrier, we will preemptively enter the relevant market and play a key role for direct and practical carbon emissions.”