Hamburg-based shipowner Hammonia Reederei and Intermarine, a charterer from New Orleans has enabled the retrofit of three sister vessels with multiple efficiency technologies and revenue-sharing collaboration between the charterer and the owner. Carbon War Room (CWR), a non-profit organization from the UK has officially announced the retrofit.
Highlights:
- Each vessel is anticipated to see 25 percent fuel savings.
- A revenue-sharing collaboration between charterers and owners is agreed upon for the savings.
- Hammonia earns a five-year time charter.
- One of the three vessels that is Liberian flagged is eligible for a 50 percent tonnage tax discount for the first year after retrofit.
- CWR awarded Hammonia a $120,000 grant to retrofit the vessels.
- The deal creates a win-win scenario for both charterers and owners.
- The option of profit sharing does the best in a market of overcapacity.
- The Dutch Postcode Lottery has granted €1 million ($1.09 million) to CWR and Rocky Mountain Institute (RMI) for their LeaderShip project, expanding their efforts in the Shipping industry, including collaboration with the Port of Rotterdam.
The technology:
The retrofit bundle installation includes:
- Optimized bulbous bow
- Rudder optimization
- High-performance hull coating as well as trim and ballast optimization at standard drydock.
A continuous monitoring software is installed on the vessels in order to measure, verify and publicize the fuel and carbon savings. The data will be analysed by the independent third-party University College London (UCL) over a five-year period, with initial results being released to the industry six months post-drydock.
Source: Carbon War Room
