Solvang towards the future: Our 2030 – 2050 scenarios
By 2030, Solvang will be fully compliant with AER for all vessels, while the GFI target level will depend on the availability of CCS and biofuel. In 2050, net-zero GHG has moved from vision to reality in Solvang’s cargo operations – which will play a vital role for our clients worldwide.
After the EU backtracked on some extensive disclosure requirements in their climate reporting directives, Solvang Shipping has moved on with our measures. In a climate of shifting international frameworks, Solvang sticks to our path of investments into eco accountability. Our double materiality asssessment of sustainability factors is the current milestone reached.
All human activity including ours has an impact on life on land and in the sea. Our goal is to minimise operational and indirect emissions, and strive for zero spills to the environment.
Seven new VLGCs, all settled on long-term charters, will expand Solvang’s Panamax capacity in the LPG segment from delivery in 2026 and 2027. All vessels will boost climate performance as they come ready for onboard carbon capture.
Highlights 2023: Massive ECO upgrades during dry-dockings
11 vessels were dry-docked due to scheduled classing and certification during 2023. All vessels achieved EEXI certification after installing EPL (engine power limitation), sandblasting and hull anti-fouling treatment, Mewis Ducts installed (9 vessels), as well as full drivetrain optimization on four of the vessels.
After three years of testing, shipowner Solvang has received Tier III certificates for their new 21,000 cbm ECO Ethylene carriers. While running on heavy fuel oil, the tankers deliver green transportation, contrary to suspicion.
Solvang´s new class of ethylene carriers was the first HFO (Heavy Fuel Oil) fuelled TIR III* compliant ethylene carriers in the world. The vessel specification and detailed design is based on experience with our previous ECO design where we combine cost-efficient means for minimizing the overall fuel consumption.
Exhaust gas recirculation (EGR) combined with previous measures reduces NOx emissions from heavy fuel oil by up to 80 % in a typical LPG tanker. The concept is a potential game changer for Norwegian domestic shipping.
Years of evolution has made HFO-fuelled shipping greener
Today´s shipping is much greener than 30 years ago, and this development is likely to continue. We are looking at an evolution, rather than a revolution.