• ICS commissioned Lloyd’s Register Advisory to undertake the study.
• OCCS has been gaining traction as a potential pathway for both newbuild and existing ships to achieve compliance with tightening greenhouse gas (GHG) regulations.
• The report was commissioned at a time when international shipping is moving forward on its decarbonisation journey, and currently there are no alternative fuels available at scale.
09 June 2026, London: Today, the International Chamber of Shipping (ICS), publishes a report titled ‘Onboard Carbon Capture and Storage Review’. ICS commissioned Lloyd’s Register Advisory to undertake the study, and the detailed report focuses on up-to-date, high-level strategic guidance for shipowners on the evolving onboard carbon capture and storage (OCCS) landscape.
The report was commissioned at a time when international shipping is moving forward on its decarbonisation journey, and currently there are no alternative fuels available at scale. OCCS has been gaining traction as a potential pathway for both newbuild and existing ships to achieve compliance with tightening greenhouse gas (GHG) regulations.
The extensive report covers the current state of OCCS technologies, including a comparative assessment across key criteria such as technology readiness, fuel consumption, costs, safety, and environmental performance, as well as the latest developments in the regulatory framework. (....)