Connect with us

Environment

Wartsila and Capital Gas to partner in the development of a new Fleet Decarbonisation Programme

Published

on

Wartsila and Capital Gas to partner in the development of a new Fleet Decarbonisation Programme. Image: Wartsila
Wartsila and Capital Gas to partner in the development of a new Fleet Decarbonisation Programme. Image: Wartsila
Listen to the story (FreightComms AudioPost)

 

The technology group Wartsila and Capital Gas Ship Management Corp. have agreed to partner in the development of a new Fleet Decarbonisation Programme aimed at achieving defined decarbonisation targets. Under the programme, Wartsila will assist Capital Gas with advanced planning, and with support in assessing and assuring the performance of investments designed to meet the company’s greenhouse gas reduction ambitions.

The agreement, which is a tailored version of Wartsila’s Decarbonisation Service initiative, was signed in June 2022 and will be applied to a fleet of six 174’000 cbm LNG Carriers within the Capital Gas management portfolio.

“Environmental leadership is a top priority for Capital Gas Ship Management Corporation. By engaging with Wartsila in this Fleet Decarbonisation Programme, we are looking to continue delivering the highest value to our customers. This includes optimising the efficiency of our fleet, and identifying the most relevant solutions for reaching the highest possible environmental standards,” says Miltos Zisis, Managing Director, Capital Gas.

“The Fleet Decarbonisation Programme represents one of the most advanced capabilities that Wartsila brings to the market. It delivers a seamless combination of the company’s technology leadership in the marine industry, and the very latest digital tools. We are now able to leverage on the huge volume of data from our long-standing presence in the market, with the most advanced data analysis capabilities available,” says Giulio Tirelli, Director, Business Development, Wartsila Marine Power.

The Fleet Decarbonisation Programme includes a detailed Carbon Intensity Indicator compliancy analysis of the vessels, predicting the fleet’s status in reference to the 2030 targets. The analysis will be based on advanced Machine Learning algorithms utilising extensive data on, among other things, vessel movements and locations, and the technical characteristics of each ship. The algorithms are powered by Wartsila’s CII Insight – a new set of capabilities that enable owners to forecast a vessel’s compliance with CII, and to understand the impact of alternative solutions.

Furthermore, the programme will support the selection of the most effective means for decarbonising the selected fleet from the vast array of solutions and technologies currently available. It will also take into consideration technical, operational, and commercial aspects affecting drydock planning and the recommended timing for implementing modifications and conversions.

In order to comply with the International Maritime Organization’s (IMO) upcoming Energy Efficiency for Existing Ships Index (EEXI) and CII protocols, fleet operators are faced with the complex task of selecting the optimal solution. Wartsila’s Fleet Decarbonisation Service tackles this challenge by combining data-driven assessments with expert insight, thereby enabling operators to achieve full compliance with cost-effective investments.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Environment

CMA CGM launches project to decarbonize the French shipping industry

Published

on

By

CMA CGM launches project to decarbonize the French shipping industry. Image: CMA CGM
CMA CGM launches project to decarbonize the French shipping industry. Image: CMA CGM
Listen to the story (FreightComms AudioPost)

 

The CMA CGM Group has launched a call for projects targeted at startups and businesses working on concrete solutions to step up the pace of decarbonization within all areas of the French shipping industry. Announced at the Assises de l’Économie de la Mer by Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, it is backed by the CMA CGM Fund for Energies.

Unprecedented call for projects opened to all companies operating in the French shipping industry

This call for projects is open to all startups and businesses wanting to step up the pace of decarbonizing the “blue economy” in mainland France and the French overseas territories in the following areas:

  • shipping
  • tourism and cruising
  • fishing and seafood products
  • infrastructure
  • naval and nautical industries
  • renewable energies.

Projects will be selected based on their concrete impact on the decarbonizing of the French shipping industry, the maturity of the projects and the economic feasibility. Some of them may receive shared investments from the public sector and private operators and beneficiate from the assistance of shipping industry experts to give them every chance of success.

In collaboration with the French State Secretariat for the Sea and the various public actors involved in the France 2030 plan, and in accordance with its commitment, the CMA CGM Group opens the platform on January 30, 2023: https://decarbonation.cma-cgm.com

Financed by the CMA CGM Fund for Energies

The Fund for Energies was created by Rodolphe Saadé in September 2022, providing €1.5 billion over five years, and aims to accelerate its energy transition in order to achieve Net Zero Carbon by 2050. This fund invests to support the development and generation of renewable energies, step up the pace of decarbonizing industrial facilities across all of the Group’s activities, and promote innovative projects and low emission mobility solutions.

Continue Reading

Air Freight

Kuehne+Nagel and Lenovo partner for ‘first-of-its-kind’ SAF service

Published

on

Kuehne+Nagel and Lenovo partner for ‘first-of-its-kind’ SAF service. Image: Kuehne+Nagel
Kuehne+Nagel and Lenovo partner for ‘first-of-its-kind’ SAF service. Image: Kuehne+Nagel
Listen to the story (FreightComms AudioPost)

 

To support enterprises in their commitment to minimise their environmental footprint and combat climate change, Lenovo is joining forces with Kuehne+Nagel to create a first-of-its-kind logistics service in the technology industry. Through a purchase add-on, Lenovo customers can now ship IT equipment and devices with Sustainable Aviation Fuel, a fuel produced from sustainable feedstocks that when used reduces GHG emissions.

SAF is currently the most effective measure to significantly reduce the environmental footprint of air freight. When opting for SAF, Kuehne+Nagel will provide an emission reduction certificate to Lenovo and its customers indicating the amount of SAF litres per purchased device for any trade lane and carrier handling the shipment. This transparency allows customers to reduce their scope 3.1. emissions for purchased goods and services according to the amount of CO2e1 avoided in the transport.

Yngve Ruud, Member of the Management Board of Kuehne+Nagel, responsible for Air Logistics, comments: “Kuehne+Nagel continues to develop easy and value-adding sustainable shipping options for its customers. We are pleased that Lenovo chose our innovative SAF concept which offers emission certificates not only to Lenovo but also to its customers and thus supports all stakeholders across their supply chain in achieving their SBTi2 targets. Now, Lenovo customers can avoid CO2e emissions while shipping air freight regardless of the lane or airline”.

“This innovative approach we have forged with Kuehne+Nagel continues our commitment to delivering sustainable products and solutions. At the same time, we continue to explore, deploy, and champion all opportunities to reduce emissions generated through handling, storage, and transportation of our products,” said Gareth Davies, Head of Global Logistics at Lenovo.

Continue Reading

Environment

ADNOC to work on the world’s first fully sequestered CO2 injection well

Published

on

ADNOC to work on the world’s first fully sequestered CO2 injection well. Image: ADNOC
ADNOC to work on the world’s first fully sequestered CO2 injection well. Image: ADNOC
Listen to the story (FreightComms AudioPost)

 

ADNOC, a reliable and responsible provider of lower-carbon intensity energy, announced at Abu Dhabi Sustainability Week that it has begun work on the world’s first fully sequestered carbon dioxide injection well in a carbonate saline aquifer.

The project, which is expected to begin injecting CO2 in Q2 2023, marks another important step in ADNOC’s commitment to decarbonize its operations, reduce its carbon intensity by 25% by 2030 and deliver on its Net Zero by 2050 ambition.

Yaser Saeed Almazrouei, ADNOC Upstream Executive Director, said: “Carbon capture and storage will play an important role in reducing emissions and achieving global climate goals, and ADNOC is building on its leadership position in this area as we continue to drive decarbonization across our operations. At Al Reyadah, ADNOC deployed the region’s first carbon capture project at scale and we are taking another tangible step to deliver on our $15 billion decarbonization action plan with the world’s first fully sequestered CO2 injection well.

“We will continue working to make today’s energy cleaner while investing in the clean energies and technologies of tomorrow to future-proof our business. In doing so, we will enable a lower-carbon future and remain a reliable and responsible energy provider to customers and markets around the world.”

This innovative project will support ADNOC’s carbon capture and storage program, which is part of the suite of new projects and initiatives the company is advancing following the guidance by ADNOC’s Board of Directors to accelerate delivery of its low-carbon growth strategy and the allocation of $15 billion (AED55 billion) to decarbonize its operations. Once operational, the project will initially fully sequester a minimum of 18,000 tons per annum of CO2 captured from Fertiglobe’s UAE operations for injection in Abu Dhabi’s onshore carbonate aquifers, supporting ADNOC’s ongoing efforts to safely capture and store CO2 from its operations.

The CO2 injection well project builds on ADNOC’s experience with its carbon capture facility at Al Reyadah, which has the capacity to capture up to 800,000 tons of CO2 per year. The well location for CO2 injection as well as targeted geological formations were identified using the results of ADNOC’s extensive 3D seismic survey and the company’s state-of-the-art subsurface modelling capacity.

The project will contribute to the production of lower-carbon ammonia, an effective and cost competitive hydrogen carrier that can be scaled up quickly and has lower-carbon intensity than other fuels. The project will also be monitored and assessed, using advanced technology at ADNOC’s Thamama Digital Centre of Excellence, to ensure the highest levels of environmental safety as the company expands its carbon capture activities to capture 5 million tonnes per annum by 2030.

The project is the latest in a series of decarbonization initiatives, including a landmark agreement for ADNOC to acquire 100% of its grid power from the Emirates Water and Electricity Company’s (EWEC) nuclear and solar sources, making the company the first major oil and gas company to decarbonize its power at scale though an agreement of this kind. Additionally, ADNOC recently reached financial close on a $3.8 billion deal to build a MENA first-of-its-kind sub-sea transmission network, connecting ADNOC’s offshore operations to TAQA’s clean onshore power network which once complete, could reduce offshore carbon intensity by up to 50%.

Continue Reading

Popular

Copyright © 2017-18 | FreightComms | Made with ♥ in Singapore