Aramco licenses technology to Daphne for mobile carbon capture
Saudi Aramco Technologies Company has granted Daphne Technology a license to further develop and commercialize its Mobile Carbon Capture (MCC) solution.
Advanced mobile carbon capture technology developed by Saudi Aramco, which wholly owns Saudi Aramco Technologies Company, is intended for use in the shipping industry and has the potential to significantly reduce maritime CO2 emissions.
Daphne Technologies is a leading developer of carbon capture and other emission reduction solutions, especially for hard to reduce sectors such as shipping.
So far, Aramco’s MCC solution has demonstrated carbon capture capability of up to 40% in road passenger transport and even in a heavy-duty truck.
Sure, ships and ships are infinitely more fuel efficient than passenger transport and trucks, but the science behind MCC technology remains pretty much the same, and that’s where Daphne technology comes in.
The company will try to find ways to adapt Aramco’s technology to the maritime industry so that it can be installed on large commercial vessels.
Currently, the International Maritime Organization has set a goal of reducing global greenhouse gas emissions by 50% by 2050, and MCC can potentially help achieve this goal.
Read more: Value Maritime receives ABS approval for its CO2 capture system