Northern Lights Expands Fleet for Carbon Transport, Aiming for Increased Capacity
Norway's Northern Lights, a joint venture between Equinor, Shell, and TotalEnergies, is advancing its fleet expansion to enhance its carbon transport and storage capabilities. The initiative, part of Norway's Project Longship, aims to capture and store CO2 from industrial sites. Northern Lights has recently completed a second charter agreement with MISC Group and K Line, following the delivery of its newest vessel to Bernhard Schulte Shipmanagement. The project, which began operations in 2025, currently has a CO2 transport and storage capacity of 1.5 million tons, with plans to increase this to over 5 million tons annually by 2028. The expansion includes the addition of four new vessels, with two being built by Dalian Shipbuilding in China and two by HD Hyundai Heavy Industries, expected to be operational by 2029.