Wartsila, Capital Gas to work on fleet decarbonisation
SUMMARY
The agreement signed between the companies will be applied to a fleet of LNG carriers within the Capital Gas management portfolio.
By Shardul SharmaFinnish technology company Wartsila and Greece’s Capital Gas Ship Management Corp. have agreed to partner in the development of a new fleet decarbonisation programme, Wartsila said on October 5.
Under the programme, Wartsila will assist Capital Gas with planning, assessing and assuring the performance of investments designed to meet the company’s greenhouse gas reduction ambitions.
The agreement was signed in June this year and will be applied to a fleet of six 174,000 m3 LNG carriers within the Capital Gas management portfolio.
The fleet decarbonisation programme includes a detailed carbon intensity indicator (CII) compliancy analysis of the vessels, predicting the fleet’s status in reference to the 2030 targets.
The analysis will be based on machine learning algorithms utilising data on, among other things, vessel movements and locations, and the technical characteristics of each ship. The algorithms are powered by Wartsila’s CII Insight, which enables owners to forecast a vessel’s compliance with CII, and to understand the impact of alternative solutions.
Furthermore, the programme will support the selection of the most effective means for decarbonising the selected fleet from the vast array of solutions and technologies currently available. It will also take into consideration technical, operational, and commercial aspects affecting drydock planning and the recommended timing for implementing modifications and conversions.
