Contact your team
360o

Market
update

03-11-2014

Two Shipowners to Be Awarded Combined $500,000 under New Carbon Credits Scheme

Two shipowners are set to benefit from their use of AkzoNobel's Intersleek hull coatings as a result of a new carbon credits scheme.

Global paints and coatings company Akzo Nobel N.V. (AkzoNobel) has today announced it expects two shipowners to be awarded carbon credits with a combined value of almost $500,000 as a result of the shipowners' use of AkzoNobel's Intersleek coatings.

The credits are to be awarded under a new voluntary carbon credit methodology developed by AkzoNobel and Switzerland-based The Gold Standard Foundation (GSF).

The two shipowners were not named but it is understood the credits will be available to them after they made the switch from using biocidal antifouling hull coatings to AkzoNobel's biocide-free Intersleek product.

Intersleek Business Manager, Trevor Solomon, said the carbon credit awards now available would help tie investment in sustainability to bottom line improvements for shipowners and suggested that there was still value to be unlocked.

"Based on the 100 eligible ships already converted from a biocidal antifouling to Intersleek technology, there is an estimated $2.8 million worth of carbon credits potentially available to ship owners and operators," said Solomon.

Adrian Rimmer, CEO of GSF, added: "this pioneering initiative is designed to help increase the uptake of clean technologies in the international shipping industry.

"We are following its progress with great interest."

The Sustainable Shipping Initiative said yesterday that its members had signed up to a set of shared commitments as a catalyst for "immediate action."


Latest
news

30-05-2018

What's Next: a glance into the future of shipping

21-09-2017

First Voyage for European LNG Bunker Tanker

Skangas duel fuel LNG carrier Coral Energy (image credit/Skangas) Liquified natural gas (LNG) bunker tanker Coralius has made its first trip loading and delivering LNG to and from Norwegian ports, according to trade press reports. The 5,800 cubic meter capacity tanker, which is owned by Norwegian gas company Skangas, was delivered to the company in June. Skangas also operates LNG carrier Coral Energy. "Skangas off
04-09-2017

OPEC Cutback Extension to be Discussed in November, But Developments Could Render Any Deal Meaningless

Analysts say everything from Saudi exploration to rising tensions with North Korea could radically alter the dynamics of the international market. File Image / Pixabay Ever since the Organization of the Petroleum Exporting Countries (OPEC) extended the duration of its production cuts earlier this year to March of 2018, speculation has been rampant that the meager cutback volume coupled with the large number of members
  
BMS Bunkers

360° Contact 24/7

0o
60o
120o
240o
300o