Oslo, 25 May 2023
Company update
The reorganization of the Company is progressing as planned. Since our last
update a new board has been elected and Hunter Carbon Carriers AS has been
established. The world is currently emitting around 37 billion tons of CO2
annually. To reach net zero by 2050 drastic measures need to be taken, and we
believe CCTS (Carbon Capture, Transportation and Storage) will play a key role.
If only a small fraction of the targeted 6 billion tons of captured CO2 in 2040
is to be transported on ships, the number of ships needed will be huge. The
number of such vessels today: Zero. Ships are superior to other forms of
transportation