It is a climate and environmental problem that ship hulls need to be cleaned more often and gently. After being granted a growth loan of NOK 35 million (USD 3.26m and 2.51m GBP) from Innovation Norway, ECOsubsea will build up its hull cleaning solution in the port of Singapore.
Growth Loans
Innovation Norway’s growth loans are given to companies with concrete plans to grow outside Norway but need more security to obtain full-fledged bank financing.
“This loan gives us the opportunity to expand our business, bring our environmentally friendly technology to more markets and make the shipping industry more sustainable. We are proud that Innovation Norway still sees growth potential in ECOsubsea as we now establish ourselves in the world’s second-largest port,” states CEO Tor Østervold of ECOsubsea.
With the growth loan from Innovation Norway, ECOsubsea will scale up its solution. With the help of their next generation of cleaning robots that are ten times faster than traditional solutions, they will solve the cleaning needs of the world’s largest ships while they are bunkering. Currently, ships can be delayed by up to 24 hours due to washing.
Benefits
The benefits are far more cleaner ships, which use less fuel. ECOsubsea believes that the solution alone can contribute to an annual saving of 10 million tonnes of CO2. Because ECOsubsea also collects waste from cleaning, the ocean is spared from toxins, heavy metals and microplastics while avoiding the spread of unwanted species.
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Source: Seanews
