Marsoft’s innovative GreenScreen™ program offers a compelling solution for shipowners seeking to reduce GHG emissions from their vessels. Reduced CO2 emissions are achieved through the implementation of energy-efficient retrofits, resulting in reduced fuel consumption.
Retrofits include a wide range of technologies, including modifications to the ship’s propeller, using innovative coatings on the ship surface, and wind sails. The goal of the program is to incentivize shipowners to retrofit ships that have gone through at least one docking cycle. Utilizing Gold Standard’s carbon credit methodology, the ship owners generate carbon credits based on the actual reduction in CO2 emissions attributable to the retrofits. Revenue from the sale of carbon credits helps to fund their retrofit program and other sustainability initiatives.
The marginal acceptance of retrofits by older vessels reflects more than just financial barriers. Not all shipowners have access to the resources required to independently evaluate performance expectations and, therefore, the return on those investments. Equally significant, not all shipowners have the capabilities to confirm the actual performance of the retrofits. The GreenScreen program eliminates the need for costly, time-consuming, and unreliable analyses to establish emissions reduction. It relies on proven ship design principles and real-world data from ship trials and tank tests. Using readily available vessel data, GreenScreen™ provides accurate fuel and emission savings estimates within days. Verification of emissions reductions requires only basic operational data, including speed, draft, and weather conditions.
ClimeCo partners with Marsoft to lead the monetization of carbon credits, support shipowners in obtaining funding for more advanced retrofits, and encourage them to adopt novel methods of saving fuel. Greenscreen empowers shipowners to make informed retrofit decisions, reduce emissions, and contribute to a more sustainable shipping industry.