Greenheart Management, a subsidiary of Hayfin Capital Management, has teamed up with green tech business Njord and maritime consulting firm Marsoft to gain access to carbon credit revenues for reducing emissions.
The partnership will see Njord, a venture between Cargill, Mitsui and Maersk Tankers, design a package of fuel-saving technologies for initially four Greenheart-owned vessels to achieve fuel and emission cuts of between seven and 16% per vessel. Marsoft will quantify and certify the CO2 savings through carbon credits, ensuring Greenheart will optimise the financial value of the fuel savings.
Marsoft’s GreenScreen program complements Njord’s design approach by assessing the emission reductions from the retrofits—a requirement to enrol the ships in a Gold Standard program. The company’s collaboration with ClimeCo, a leader in the carbon markets, is said to secure premium pricing for Greenheart’s carbon credits in the voluntary carbon markets.
Tags: Carbon Credits, Greenheart, Marsoft, Njord, Retrofits
Recent Posts
Zero-carbon ammonia for shipping faces challenges
Wärtsilä signs lifecycle agreement for 7 Capital Gas LNG carriers
ABS releases report on nuclear LNG carrier design
NTPC develops indigenous catalyst for methanol production
Huangpu Wenchong receives AIP from CCS for ships using methanol and ammonia
Climate change will cause India’s GDP to decline by 24.7% by 2070: ADB
Masdar and EMSTEEL complete project using green hydrogen to produce steel
DNV Grants HHI AiP for ammonia DF large container vessel