Singapore 19 June 2025 – Seatrium Limited (“Seatrium” or “the Group”) is pleased to announce the signing of a Letter of Intent (LOI) with long-term strategic Favoured Customer Contract (FCC) partner Solvang ASA, Norway, for installation and retrofitting of full-scale Carbon Capture and Storage (CCS) systems.
The milestone Letter of Intent was formalised during Nor-Shipping 2025 in Oslo, reinforcing the companies’ shared commitment to sustainable maritime solutions. This enhanced collaboration further supports Solvang ASA in their fleet decarbonisation following the successful delivery of Clipper Eris in February 2025 – the world’s first full-scale turnkey retrofit of a 7MW CCS system. The Clipper Eris project saw Seatrium provided turnkey Engineering, Procurement, and Construction (EPC) solutions for the CCS package.
Solvang’s new series of Very Large Gas Carriers (VLGCs), configured specifically for Carbon Capture and Storage (CCS), is set to be the first potential candidate for a full-scale CCS retrofit and integration; with project commencement expected to begin in late 2026. This is a landmark project that will further strengthen the decade-long partnership between Seatrium and Solvang ASA.
Mr Alvin Gan, Executive Vice President of Seatrium Repairs and Upgrades, said, “This partnership demonstrates our commitment to advance sustainable solutions in the maritime decarbonisation journey. Building on the success of the pioneer project together on Clipper Eris, we are honoured by Solvang’s trust in Seatrium to take the next step in their critical CCS programme. This remarkable step will deepen our resolve as strategic partners in supporting maritime decarbonisation efforts.”
Mr Tor Ask, Fleet Director of Solvang ASA, commented, “We are pleased to extend our successful partnership with Seatrium through this CCS initiative for our newbuildings. Seatrium’s proven capabilities, demonstrated by the Clipper Eris retrofit, give us full confidence that this collaboration will bring tremendous value. Both organisations are aligned in delivering greener, energy-efficient maritime solutions for a lower-carbon future.”
Leveraging its deep expertise in engineering, Seatrium has built a strong track record in providing green technologies for the maritime industry. Since 2015, we have delivered over 584 sustainability-linked solutions, including low carbon, energy saving retrofits and environmental regulatory works. With a focus on maritime decarbonisation, Seatrium is wellpositioned to provide its customers with a range of low carbon and cleaner energy solutions to support a sustainable future.
