Eni, Fincantieri, RINA collaborate for maritime decarbonisation

Eni, Fincantieri, RINA collaborate for maritime decarbonisation

Eni, Fincantieri, and RINA have signed an agreement to develop joint initiatives for the energy transition in the maritime industry.

Eni is a global energy company, Fincantieri is a shipbuilding group, and RINA is a multinational inspection, certification, and engineering consultancy.

The partnership formalises the commitment to develop joint projects, in line with the partners’ strategies, to decarbonise the maritime sector in the medium to long term with the goal of Net Zero by 2050.

Additionally, the establishment of a permanent global observatory regarding future technological, regulatory, and market developments will be evaluated.

The three companies will conduct a comprehensive analysis and evaluation of the most sustainable alternatives to support the maritime decarbonisation pathway.

This will also be based on the development of complementary solutions to fuels already available for other hard-to-abate sectors.

The partnership’s areas of interest also include an analysis of the reference energy infrastructure and the development of new logistic structures, including the investments that the sector requires.

The understanding may be the subject of subsequent binding agreements that the parties will define in compliance with the applicable legislation, including those relating to transactions between related parties.

Giuseppe Ricci, Chief Operating Officer for Energy Evolution at Eni, commented: “The collaboration with Fincantieri and RINA, two major Italian players, is a further step in our journey towards the transition and decarbonisation of maritime transport.

“To meet the objectives of the UN 2030 Agenda, it is important not only to manage what is immediate but also to act with a medium to long-term perspective, developing partnerships to create more sustainable solutions and products.

“The ability to network among the partners, with their wealth of skills and technological capabilities, can make a significant contribution to finding more effective solutions for decarbonising maritime transport and meeting the needs of shipowners and logistics operators, always leveraging a holistic approach,”

READ: ABP, BW Ideol partner to accelerate decarbonisation solutions in Port Talbot

Pierroberto Folgiero, CEO and Managing Director of Fincantieri, said: “We are very pleased to join forces with Eni and RINA in an alliance to materialise existing solutions and to pave the way for the future with a proactive ecosystem approach.

“Indeed, new technologies must be industrialised on board ships, just as new fuels must be produced and distributed at the dock. Only with a concept of “operationalising innovation” can we lead our industry and project our shipbuilding leadership into the future.”

READ: DP World raises $1.5 billion for decarbonisation efforts

Carlo Luzzatto, CEO and General Manager of RINA, further added: “We strongly believe in the value of collaboration and the opportunities it brings, particularly when it involves players of international calibre such as Eni and Fincantieri.

“Together, we have the opportunity to share knowledge and experience and to contribute to more sustainable solutions that support the shipping supply chain.

“RINA brings to the partnership its engineering and technological skills, developed across various sectors, to support shipping in its journey towards reducing its carbon footprint, without excluding any energy options.”

Late last year, leaders in the global shipping industry came together in an unprecedented move, issuing a joint declaration at COP28 to drive the decarbonisation of maritime transport.

In the same month, Mitsui O.S.K. Lines, Ltd. (MOL) and DP World signed a Memorandum of Understanding (MoU) to investigate prospects to improve vehicle logistics capabilities at Jebel Ali Port and decrease carbon emissions in port and marine applications in the UAE and beyond.

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