Maersk’s greentech business, Njord, has formed a partnership with maritime consulting firm, Marsoft, and Greenheart, a subsidiary of Hayfin Capital Management, to develop fuel-efficient technologies for retrofits.
These retrofits will be supported by carbon credits to reduce carbon emissions.
As part of the partnership, Njord will design a bespoke package of fuel-saving technologies on initially four Greenheart-owned vessels to achieve fuel and emission cuts of between 7-16 per cent per vessel.
Each of the four vessels will be screened to identify its fuel-saving potential.
A custom-designed package of energy-saving devices for each vessel selecting from a portfolio of more than 20 technologies will be developed.
Marsoft will quantify and certify the carbon dioxide (CO2) savings through carbon credits, ensuring Greenheart will optimise the financial value of the fuel savings.
Marsoft’s GreenScreen programme complements Njord’s design approach by assessing the emission reductions from the retrofits, a requirement to enrol the ships in a gold standard programme, according to Njord.
The partnership between these companies has commenced with Njord currently screening the vessels to identify the most suitable technologies.
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Speaking on this new partnership, Frederik Pind, Managing Director at Njord, said: “We are looking forward to partnering with Greenheart and Marsoft. In a first-of-its-kind collaboration, we are introducing a new financing vehicle, which we believe will accelerate technology adoption and emission cuts.”
“The industry is beginning to see the real value of the carbon markets to accelerate the pace of decarbonisation today,” said Arlie Sterling, President of Marsoft.
“We help secure an audited and documented statement of reduced CO2 emissions that delivers incremental revenue and return on investment.”
The new collaboration strengthens the growing push among companies and shipping carriers to decarbonise the shipping sector.
This announcement comes a year after Hapag-Lloyd and the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping signed a Partnership Agreement committing to the development of zero carbon technologies and solutions for the maritime industry.
More recently, Mediterranean Shipping Company (MSC) and the Global Centre for Maritime Decarbonisation (GCMD) announced the signing of a five-year Impact Partnership agreement that aims to help the maritime industry eliminate greenhouse gas (GHG) emissions.