Svanehøj will supply pumps for Northern Lights CO2 carriers
The Danish marine pump specialist has won a contract to supply pumping systems for two CO2 carriers that will transport liquid CO2 to Northern Lights storage facilities in Norway. Proven experience with CO2 pumps makes the difference.
Northern Lights is developing infrastructure to transport CO2 from industrial emitters in Norway and other European countries by ship to a receiving terminal in western Norway for interim storage, before being transported by pipeline for permanent storage in a geological reservoir 2,600 meters below the seabed.
The start of operations is planned for 2024. The first two CO2 transporters are being built for this purpose, with Danish supplier Svanehøj chosen as the supplier of the pumping systems that will process the liquid CO2.
“We won the order through our long-standing partner, TGE Marine, which designs and supplies complete cargo handling systems for CO2 carriers. TGE chose our deep well fuel pumps, which they are familiar with on many LPG carriers,” says Thomas Uhrenholt Nielsen, Sales Manager, Cargo Gas in Svanehøj.
Decades of experience with CO2 ships opens doors
Carbon capture and storage (CCS) has been recognized as an essential element in achieving global climate goals. According to the Global CCS Institute report “Global status of CCS 2021”, the CCS project pipeline grew by 48% between 2020 and 2021. At the end of 2021, there were 35 projects under development in Europe alone. There is therefore an increasing focus on companies experienced in handling liquid CO2. Svanehøj features prominently here, as the company has been supplying cargo pump systems for CO2 carriers since the late 1990s.
“With our experience of the relatively few CO2 vessels built so far, we are participating in the dialogue on many of the upcoming CCS projects. CCS is a priority area of our business strategy, so TGE’s order for Northern Lights is of great strategic importance. This could be a big market for us in the next few years,” says Thomas Uhrenholt Nielsen.
Svanehøj entered 2022 with a new strategy titled “Powering a better future” and a target to double its revenue to DKK 1 billion (approximately $143 million) by the end of 2026. The strategy is primarily focused on supporting the transition to climate change. neutral shipping, but also on investment in new business areas, including CCS.
The two Northern Lights project CO2 carriers are under construction at Dalian Shipbuilding (DSIC) in China and are expected to be operational in 2024. Both vessels will have a capacity of 7,500 m3 of liquid CO2. Svanehøj will deliver two 15 meter deep well cargo pumps for each vessel. In this project, Svanehøj’s multigas technology will be shown to its full potential, as the customer wants the pumps to be used for LPG natural gas processing as well. Over the years, Svanehøj has supplied cargo pump systems to over 1,100 LPG tankers worldwide.