Viridis To Play Lead In Green Shift In Shipping

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Viridis Bulk Carriers aim to play a leading role in the green transition of the industry, offering their clients competitive, carbon free logistics solutions without sacrificing the performance of the vessels, says an article published in Arena Ocean Hyway Cluster.

Most Promising Alternative Fuel

Many players in the maritime industry consider ammonia the most promising alternative fuel for the future, offering superior energy density compared with other zero emission alternatives.

“We believe a large-scale green transition in shipping will only happen if the ships of tomorrow are as capable, or more capable, as the ships of today. Therefore, our vessels will be able to steam more than 3 000 nautical miles between bunkering”, says Risholm.

Replacing Aging fleet

With the European short sea bulk fleet having a high age profile, Viridis sees a growing demand for newbuildings. Chief Investment Officer at Glastad Holding / Mosvolds Rederi, Jan Sigurd Vigmostad, says that with an average age of close to 30 years, the European short-sea shipping fleet is on the verge of a much-needed renewal process. Their strategy is to meet the demand by replacing the aged fleet with zero emission ships – skipping gradual emission reductions and going straight for a long-term, sustainable solution.

Viridis Bulk Carriers have ambitions to place the first newbuild orders in 2022, with deliveries from 2024 and onwards.

Flex Bulk Project

Viridis has received pre-project support for «FlexBulk – Ammonia power» under the Norwegian «Green Platform» grant program. Together with Arena Ocean Hyway Cluster, Viridis will further develop the project, laying the foundation for a series of newbuildings. The shipping company invites forward-thinking bulk charterers, serious about lowering their carbon footprints to join the project.

“In the FlexBulk project we will build a carbon free bulk logistics network through a set of freight agreements with select clients, served by a new fleet of innovative, ammonia-powered vessels, says Espen Nordstrøm”, said Managing Director at Navigare Logistics.

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Source : Arena Ocean Hyway Cluster