Skarv To Get 130 million NOK for Green Ship Trio

Enova has provided Skarv Shipping Solutions AS with a grant of NOK 130 million to acquire three low-emission cargo ships operating along the Norwegian coast.

The vessels will potentially reduce emissions by up to 90% compared to traditional vessels, thanks to innovative technologies like batteries, ammonia engines, rotor sails, and energy-efficient hull design.

World’s first

“Enova supports those who go in front. Skarv Shipping Solutions has developed an exciting and innovative project that can mean a lot for the development of our short-sea shipping,” says Nils Kristian Nakstad, CEO of Enova.

Four-stroke ammonia engines

With a cargo capacity of 4,000 tonnes each, the vessels will be used in short-haul shipping along the Norwegian coast, from northern Norway and south to the Oslo Fjord. Propulsion is based on a four-stroke engine that uses ammonia as fuel.

The engine, probably supplied by Wärtsilä, will be among the world’s first four-stroke ammonia engines. Skarv considers different technologies, including rotor sails, which, together with the hybrid electric system and a new hull design, drastically reduce energy use. The vessels will also have electrical equipment for cargo handling.

The next big step

“Enova’s support is invaluable in developing our plan to reduce CO2 emissions in Norway’s coastal maritime sector. We have poured considerable resources into crafting a shipping and logistics concept that we are absolutely positive can be taken to market to ensure the utmost safety, efficiency, and dependability. We have maintained constant dialogue with our customers throughout the process. Now, with Enova’s decision, we are eager to move forward and accomplish our next goals: firm commercial agreements with our clients and initiating the contracting and construction of ships,” says Jan Øivind Svardal, CEO of Skarv Shipping Solutions. 

Zero-emission solutions

“The next big step in transforming shipping is the transition to zero-emission fuel. This ground-breaking project will lead the way and show the way for short-haul shipping to adopt a wide range of zero-emission solutions, including the use of green ammonia. I look forward to following the development,” says Climate and Environment Minister Espen Barth Eide (Ap).

Green shift in shipping

“Skarv Shipping Solutions’ ambition is to realize sustainable maritime shipping solutions by the development of zero-emission vessels. The substantial funding from ENOVA will be of great importance for reaching our ambitions for the green shift in shipping and particularly the short sea trade. We are very thankful, and we will by this speed up the process in our zero emission roadmap,” says Chair of the Board of Skarv Shipping Solutions, Jan Petter Slethaug.