We are your partner in decarbonization
We have spent a significant amount of time developing knowledge and opinions on the decarbonization of the maritime industry. We have built up knowledge on regulations, cost and availability of alternative fuels and cost of retrofitting and newbuilding to alternative fuels. We benefit from insights across the industry, a unique knowledge platform and involvement in various decarbonization partnerships and initiatives.
We believe collaboration between all stakeholders is the most essential part of the transition towards a decarbonized future. Our partners are, among others, the Mærsk McKinney Møller Center for Zero Carbon Shipping and McKinsey & Company with whom we developed a Fleet Decarbonization Optimizer Tool that provides a tailor-made roadmap for cost-effective decarbonization of entire fleets. We are also the first shipbroking company to become a member of the “Getting to Zero Coalition” and we are committed to the IMO’s target of fully decarbonizing the industry by 2050.
Carbon Capture Transport and Storage (CCTS)
Our Advisory Services also focuses on what role stakeholders in the maritime industry can have in the commercialisation of the CCTS value chain. The CCTS technology could play a major role in the green transition as it aims at reducing the release of CO2 into the atmosphere by transporting and storing it in deep geological formations which trap the CO2 permanently.
For further exploration of the CCTS technology, our Advisory Services has received a grant from den Danske Maritime Fond (the Danish Maritime Fund) and in collaboration with The Danish Technological Institute, written a report on the commercial opportunities of maritime transportation of CO2. The report concludes that shipping can play a key role in establishing a cost-effective CCUS market. In the short term, the market will be similar as the early LNG market with purpose-built vessels ordered on the back of long contracts. In the long term, CO2 will turn into a new commodity for gas carriers with transportation across regions to both utilization and storage sites.
Learn more here.
