Carbon Ridge installs first centrifugal carbon capture unit on board a Scorpio Tankers vessel

Carbon Ridge reaches a major milestone by deploying the first centrifugal carbon capture technology on a Scorpio Tankers oil tanker, alongside a new funding round exceeding $20mn.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The maritime sector has witnessed a technological breakthrough with Carbon Ridge’s installation of a centrifugal carbon capture system on a Scorpio Tankers Inc. tanker. This pilot project, carried out in partnership with Scorpio Tankers Inc., marks the first use of an onboard centrifugal carbon capture system (OCCS) on a vessel, establishing Carbon Ridge as a pioneer of this technical solution in maritime transport.

Technological deployment on the STI SPIGA

The unit, named “Lone Ranger,” was installed on the STI SPIGA tanker, an LR2 vessel used for transporting refined petroleum products. The operation took place at the Besiktas shipyard in Turkey in July. Carbon Ridge’s OCCS system is based on a modular design aimed at reducing initial investments and operational costs while maintaining higher capture efficiency compared to traditional technologies. According to provided data, the device enables a reduction of up to 75% in space requirements compared to conventional CO2 capture columns.

Thanks to flexible installation—either vertical or horizontal depending on the vessel’s configuration—this technology meets the needs of international fleets and addresses the sector’s growing regulatory compliance demands. The captured carbon dioxide (CO2) is then compressed, liquefied, and stored on board the vessel throughout the voyage.

Financing and industrial integration

Carbon Ridge has announced the closing of a new financing round led by Katapult Ocean and Alfa8, with participation from Crosscut Ventures and Berge Bulk. This new funding brings the company’s total raised to over $20mn (around EUR18.5mn). This capital injection is intended to support the industrialisation and commercialisation of the OCCS technology among shipowners aiming to meet international emissions reduction requirements.

The system’s modular architecture facilitates integration on both newbuild and existing vessels, without requiring major modifications to propulsion systems. The OCCS solution developed by Carbon Ridge is compatible with all fuel types, offering shipowners and charterers an additional option to anticipate the rise of global environmental regulations.

Market outlook and strategy

The pilot project on the STI SPIGA represents a key step for the industrial validation and future commercial adoption of this technology. Project partners emphasise the need for effective and adaptable solutions to support the decarbonisation of maritime transport, as regulatory pressure intensifies worldwide.

Implementing a carbon capture system dedicated to the maritime sector opens up new prospects for on-board CO2 management, from capture to temporary storage, while integrating logistical solutions for the subsequent delivery of the captured gas. According to representatives of the involved companies, the success of this testing phase will determine the expansion of deployment to other units in the fleet and could influence the sector-wide adoption of the technology.

The Peruvian government announces a 179 million tonne emissions target by 2035, integrating carbon market tools and international transfers to reach its climate goal.
The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
Sinopec and BASF have reached a mutual recognition agreement on their carbon accounting methods, certified as compliant with both Chinese and international standards, amid growing industrial standardisation efforts.
NorthX Climate Tech strengthens its portfolio by investing in four carbon dioxide removal companies, reinforcing Canada’s position in a rapidly expanding global market.
With dense industrial activity and unique geological potential, Texas is attracting massive investment in carbon capture and storage, reinforced by new federal tax incentives.
GE Vernova and YTL PowerSeraya will assess the feasibility of capturing 90% of CO₂ emissions at a planned 600-megawatt gas-fired power plant in Singapore.
The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.
A Wood Mackenzie study reveals that the EU’s carbon storage capacity will fall more than 40% short of the 2030 targets set under the Net Zero Industry Act.
A bilateral framework governs authorization, transfer and accounting of carbon units from conservation projects, with stricter methodologies and enhanced traceability, likely to affect creditable volumes, prices and contracts. —
Carbon Direct and JPMorganChase have released a guide to help voluntary carbon market stakeholders develop biodiversity-focused projects while meeting carbon reduction criteria.
Japan and Malaysia have signed a preliminary cooperation protocol aiming to establish a regulatory foundation for cross-border carbon dioxide transport as part of future carbon capture and storage projects.
Green Plains has commissioned a carbon capture system in York, Nebraska, marking the first step in an industrial programme integrating CO₂ geological storage across multiple sites.
The price of nature-based carbon credits dropped to $13.30/mtCO2e in October as a 94% surge in September issuances far outpaced corporate demand.
Driven by the energy, heavy industry and power generation sectors, the global carbon capture and storage market could reach $6.6bn by 2034, supported by an annual growth rate of 5.8%.
Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.
The GOCO2 project enters public consultation with six industrial players united around a 375 km network aiming to capture, transport and export 2.2 million tonnes of CO2 per year starting in 2031.
TotalEnergies reduced its stake in the Bifrost CO2 storage project in Denmark, bringing in CarbonVault as an industrial partner and future client of the offshore site located in the North Sea.
The United Kingdom is launching the construction of two industrial carbon capture projects, backed by £9.4bn ($11.47bn) in public funding, with 500 skilled jobs created in the north of the country.
Frontier Infrastructure, in partnership with Gevo and Verity, rolls out an integrated solution combining rail transport, permanent sequestration, and digital CO₂ tracking, targeting over 200 ethanol production sites in North America.
geoLOGIC and Carbon Management Canada launch a free online technical certificate to support industrial sectors involved in carbon capture and storage technologies.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.