With global efforts intensifying to address the escalating climate change, discussions on Carbon Capture Utilization & Storage (CCUS) have expanded across various industrial sectors. The 49th G7 Summit in May 2023 emphasized the crucial role of CCUS in reducing greenhouse gas emissions from industries, leading to the announcement of diverse CCUS support policies by governments worldwide. The industry is actively working towards developing collaborative business models. In 2022 alone, more than 140 CCUS projects were announced, with storage capacity increasing by over 80% and capture capacity by more than 30%. 

To assist shipowners in formulating future plans amidst growing emission regulations, and recognizing the uncertainty surrounding various technologies for decarbonization, Korean Register (KR), in collaboration with Seoul National University, has published a technical document titled 'Current Status and Outlook of Medium and Large liquified Carbon Dioxide Carriers for CCUS' This document analyzes the CCUS value chain, LCO2 transport ship projects, liquefied CO2 transport ship technologies, design regulations, and prospects. It provides insights into the potential of CCUS as a carbon-neutral solution for ships based on various information and assumptions that can be predicted in the current status.

General Manager of System Safety Research Team