Latest news, Mediterranean Shipping Company (MSC), the world's largest container shipping company, will further collaborate with Zhejiang Energy Marine Environmental Technology Co., Ltd. (ZEME), a subsidiary of Zhejiang Energy Group. Specifically, MSC will install a Carbon Capture Utilization and Storage (CCUS) system produced by ZEME on one of its ultra-large container ships.

According to Alphaliner, a well-known shipping consultancy, MSC will outfit its 23,756 TEU ultra-large container vessel, the MSC MIA, with a CCUS system provided by ZEME. The vessel is due for its next special survey in November 2024, and according to plans, the installation of the system will be completed during this dry-docking period.

Alphaliner reports that while smaller feeder container vessels have previously installed carbon capture systems, no large container ship has done so. This makes the MSC MIA the first ultra-large container vessel to be retrofitted with such a system. It is estimated that the system will absorb approximately 40% of the vessel's carbon emissions.

The cost of installing such a system is approximately $9 million, which includes around $7 million for the equipment, $1.85 million for the 45-day installation process, and $69,000 for amine carbon absorbent.

According to stakeholders, at a carbon price of $100 per ton, the investment can be recovered within five years.

ZEME is a subsidiary of Zhejiang Energy Group and a national-level specialized, refined, unique, and innovative "Little giant" enterprise. The company plays a significant role in ocean protection. Apart from the aforementioned carbon capture system, ZEME is better known for its independently developed hybrid scrubber, which uses efficient desulfurization technology to reduce sulfur oxide emissions from vessels, improving seawater quality.

Since its establishment, ZEME has experienced rapid growth in business performance. Its operations cover Europe, America, Asia, and other regions, maintaining stable relationships with top-tier companies such as MSC, Maersk Group, and Wärtsilä. It is currently the world's largest total contractor for ship desulfurization systems and holds the record for the fastest global EGCS installation.