Sunday, February 5, 2023
HomeEnvironmentWärtsilä, Solstad Offshore collaborate on fleet decarbonisation


To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Wärtsilä, Solstad Offshore collaborate on fleet decarbonisation

In its efforts to reduce the carbon footprint of its 90 vessel fleet, Solstad Offshore has turned to the technology company Wärtsilä for collaboration. The aim is to achieve a 50 percent reduction in CO2 emissions by 2030. Partnership is seen as being key to finding the right solutions.

The agreement aims to identify, evaluate, and implement solutions that will increase fuel efficiency and significantly reduce greenhouse gas (GHG) emissions from Solstad’s offshore vessels. Each vessel will be assessed for appropriate solutions, possible operational improvements and life extension considerations. The company hopes to reach full carbon neutrality by 2050.

“Cooperation is essential if we are to implement the solutions needed to succeed with the green shift that is underway. For this reason, we at Solstad are partnering with forward-looking companies such as Wärtsilä who have the expertise, experience, and innovative technologies required,” says Tor Inge Dale, Head of Sustainability at Solstad Offshore.

“Solstad has a clear and ambitious strategy to become the owner and operator of the industry’s greenest fleet of vessels. We are happy and proud to have been selected to collaborate in this major decarbonisation project. Since no single solution will be relevant to every ship, by working together we intend to find what works best and most efficiently on a case-by-case basis. We see this as a blueprint for achieving the best possible results,” adds Cato Esperø, Head of Sales, Wärtsilä Norway.

Solstad has worked systematically to reduce emissions since 2009, both through operational measures (Solstad Green Operations), and technical upgrades. These have so far resulted in average fuel consumption per vessel being reduced by more than 20 percent. The further reduction to 50 percent is expected to be reached by optimising energy efficiencies, and by retrofitting the vessels to operate with alternative fuels such as hydrogen, ammonia, and methanol. Additionally, new ship designs must be capable of offering low or zero emissions from the outset.

Wärtsilä has industry-leading experience in developing and introducing new, environmentally friendly energy solutions for the maritime sector. Some 30 years ago, the company pioneered the use of LNG as a viable marine fuel, which has since been widely adopted.

The company has established itself as a pioneer in the testing of ammonia as a fuel for both marine engines and fuel cells. Wärtsilä has created a world first by successfully operating a combustion engine on a fuel mix with 70 percent ammonia content. It is currently developing capabilities to use even higher proportions of the fuel.

As a major participant in the EU’s ShipFC project, Wärtsilä is contributing to the development of the world’s first emissions-free offshore vessel operating with an ammonia-powered fuel cell. Furthermore, in 2021 Wärtsilä was awarded ‘Best of What’s New’ recognition in the engineering category by Popular Science magazine for its work within the MS Green Ammonia project. This new vessel concept will both transport and be fuelled by green ammonia.

“It is too early to determine which solutions will prove to be the most appropriate for meeting the GHG emission reductions envisioned by Solstad. However, it is extremely likely that future propulsion solutions operating with new alternative fuels, such as ammonia and/or methanol, will be key enablers as these fuels become widely available for bunkering,” says Roy H. Stavland, Senior Sales Manager at Wärtsilä.

Wärtsilä will initially be an advisor and technical expert to Solstad. The agreement also allows the company to act as a possible supplier for the decarbonisation solutions selected.

Related Posts


Finance & Economy
Shipping News

Keppel Corp posts 9% drop in full-year profit

Singapore’s Keppel Corp said on Thursday its net profit for the year fell 9%, partly hurt by weak performance from its urban development business...

Stolt-Nielsen sees Q4 profits rise on strong markets

Stolt-Nielsen Limited reported unaudited results for the fourth quarter and full year 2022. The Company reported a fourth-quarter net profit of $95.3 million, with revenue...

Euronav delivers better-than-expected Q4 revenue

Euronav NV reported its non-audited financial results for the fourth quarter ended 31 December 2022. Hugo De Stoop, CEO of Euronav said: “Constrained vessel supply...

Wartsila: A challenging year with strong annual growth

HIGHLIGHTS FROM OCTOBER–DECEMBER 2022 Order intake decreased by 24% to EUR 1,638 million (2,150)Service order intake increased by 6% to EUR 791 million (747)Net sales...

Hapag-Lloyd achieves extraordinarily strong result in its anniversary year 2022

On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary –...

Baltic index hits over 2-year trough on waning demand for larger vessels

The Baltic Exchange’s dry bulk sea freight index dropped to its lowest level in...

Luxury Cruise Market Holds Much Promise For Greek & East Med Hidden Gem Destinations

The appeal of Greece and the East Mediterranean as an ideal region for luxury...

Baltic index falls to over 2-year low as larger vessel rates slide

The Baltic Exchange’s dry bulk sea freight index fell to its lowest since June...

Baltic index logs worst month in 3 years

The Baltic Exchange’s main sea freight index registered its biggest monthly percentage fall in...

Baltic index snaps 9-day losing streak as panamax, supramax rates rise

The Baltic Exchange’s main sea freight index snapped its nine-session losing streak on Tuesday,...

DP World wins bid for development of a mega-container terminal at India’s Deendayal Port

DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast...

Luxury Cruise Market Holds Much Promise For Greek & East Med Hidden Gem Destinations

The appeal of Greece and the East Mediterranean as an ideal region for luxury cruising will be one of the main highlights of the...

Port of Los Angeles proposes cruise terminal project

The Port of Los Angeles is inviting comments on a draft Request for Proposals (RFP) for the future development of a new Outer Harbor...

Port of Long Beach Closes 2022 with Second-Busiest Year

The Port of Long Beach marked its second-busiest year on record by moving 9.13 million twenty-foot equivalent units in 2022, allowing for a return...

Hapag-Lloyd AG acquires share in J M Baxi Ports & Logistics Limited

Hapag-Lloyd AG signed a binding agreement today under which it will acquire 35% of J M Baxi Ports & Logistics Limited (JMBPL) from a...