Green Shipping Boost: Moeve, RFOcean Ink Tanker Deal

Green Shipping Boost: Moeve, RFOcean Ink Tanker Deal

Moeve Joins Forces with RFOcean to Build Green Chemical Tankers to Decarbonise Shipping

Moeve, an international energy company focused on sustainable energy and mobility, has joined forces with Norwegian tanker shipping firm RFOcean to build a new series of fuel-efficient, green chemical tankers. The two companies have joined hands to reduce carbon emissions and fuel use in shipping.

The new tankers, with a deadweight tonnage of 6,600 deadweight tonnes (DWT), are to be delivered and operational by 2025-2026. The vessels will be methanol-powered and stainless steel cargo tanks, hence being eco-friendly. Methanol is one of the biofuels that are cleaner fuels compared to conventional marine fuels.

Other than fuel, the tankers will also be equipped with electric motors utilizing generators instead of traditional less-efficient engines. The modification enables the ships to perform better under varied speeds and become more flexible regarding multiple sources of fuel, including biofuels. The vessels are of a universal design, and they are future-expansion eligible. For instance, replacing the diesel engines with fuel cells or battery generators also decreases the environmental impact of the tankers. Such flexibility makes the ships more sustainable and responsive to future advancements in fuel technology.

One of the most significant benefits of the new ships is that they will be more fuel-efficient. The tankers will consume 30% less fuel than older vessels within the fleet. This is just one of the methods by which Moeve is expanding its initiative to reduce the carbon impact of global shipping, an industry that emits a high percentage of greenhouse gases.

Moeve is also increasing its biofuel production, doubling capacity to make 2.5 million tonnes of biofuels by 2030, from the current 1 million tonnes. The company is heavily engaged in Spain-based green hydrogen mega-projects enabling the production of green methanol and ammonia. The alternative fuels have an integral role in ensuring more sustainable shipping becomes a reality, a huge leap towards the reality of global decarbonization targets.

The partnership with RFOcean supports Moeve's ambition to be a market leader in clean marine solutions. The new ships will play an important role in reducing shipping emissions while proving that innovative technologies can build more sustainable solutions.

Moeve's emphasis on green mobility is not just in the ships themselves. The company's strategy is to invest in a variety of green energy initiatives, including biofuels, green hydrogen, and green shipping technology. This multi-faceted strategy is needed to de-carbonize shipping and help combat climate change at the global level.

With the shipping sector being under the challenge of being more sustainable and lowering emissions, this collaboration with Moeve-RFOcean is a major step. The ships are involved in not just lowering fuel usage but also cleaner fuels, within the reach of 2050 net-zero targets.

This is also part of a wider trend of greater innovation in shipping as shipping firms look at how to implement cleaner technology and method on ships. Ranging from retrofitting old boats to building an entirely new fleet, shipping is finally starting to put real money behind alternative fuels and sustainability, led by firms such as Moeve.

With the shipping sector continuing to expand, the collaboration between RFOcean and Moeve Aquaculture Technologies is an example of how businesses can collaborate to provide cleaner solutions that serve the environmental targets in a more efficient manner. With cleaner alternatives such as green hydrogen and biofuels being pursued, the shipping sector is positioning itself toward a cleaner future with reducing environmental footprints and assisting the world in decarbonizing along the way. The partnership with Moeve and RFOcean is just one of the same and reflects the significance of sustainability in shipping around the globe, and also confirms the way such businesses can proceed to implement innovative solutions in their fleet in an effort to achieve climate goals. Since the first of these new ships are likely to come into operation by 2025, shipping's future is clearly moving green at a fast pace.

Source: Moeve

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