BASF announces the signing of a framework agreement with CSSC Power Group Corporation Limited (CPGC) for the installation of the Advanced Onboard Carbon Capture System (OCCS) on natural gas carriers (LNG) using BASF's OASE blue technology.

The idea is to foster the low-carbon transformation and sustainable development of the shipping industry.

The partnership marks an important milestone following a Memorandum of Understanding signed in 2023 and the successful testing of the system prototype.

CPGC and BASF are working to optimize the design of the OCCS unit for commercial application on different types of shipping. The prototype's performance has been validated by marine classification societies.

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