Lomarlabs has announced a collaboration with UK-based climate tech start-up Seabound.
Lomarlabs, UK shipping firm Lomar’s new venture lab subsidiary, focuses on entrepreneurs and startups who bring deep tech solutions to the maritime industry.
The new venture is spearheaded by former Lomar technical director Stylianos Papageorgiou, who has been appointed as managing director of the new organisation.
“Lomarlabs is advising on engineering and design for this transformative solution, adapting it to the realities of everyday commercial shipping operations,” said Stylianos.
“We help formulate pilot tests on Lomar vessels and fine-tune the business model using our industry insight to help make a viable business. We share our experience and network to develop solutions that have the potential of delivering systematic change for our maritime industry.”
See Also:
Seabound has developed a patent-pending compact carbon capture device that can be retrofitted into a ship’s engine exhaust at the funnel. The CO2 chemically reacts with pebbles of quicklime, which then convert into limestone, keeping the CO2 locked in.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe limestone pebbles are temporarily stored onboard before the ship returns to port, without any need for energy-intensive CO2 separation, compression, or liquefaction.
Once back in port, the limestone pebbles are offloaded and either sold in pure form or turned back into quicklime and CO2, for the quicklime to be reused onboard another vessel and the CO2 sold for utilisation or sequestration.
“We’re excited to be collaborating with Lomarlabs for this first-of-a-kind ship-based pilot of Seabound’s compact carbon capture technology,” said Seabound co-founder and CEO, Alisha Fredriksson.
“Working with Stylianos and his team has already been instrumental because they’re keen to jump into the technical details with us and brainstorm creative approaches to iteratively and cost-effectively de-risk this novel technology. Together we aim to demonstrate that the shipping industry doesn’t have to wait to decarbonise in five to ten years, but that there are already viable solutions coming to the market now.”
Preparations to install this equipment onboard the first ship will take place in May and June this year to run the first-ever pilot project throughout this summer.
This project is part of the Clean Maritime Demonstration Competition Round 3 (CMDC3), which was announced in September 2022, funded by the UK Department for Transport and delivered in partnership with Innovate UK.
As part of the CMDC3, the Department allocated £60m to 19 flagship projects supported by 92 UK organisations, to deliver real-world demonstration R&D projects in clean maritime solutions.
