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.
Regulations under pressure: Coming to terms with reality
Global climate targets are intact, but regulatory pathways are redrawn as the UN and EU struggle to align ambition with economic and technological reality.
Vitali Kisliuk is Solvang’s site-manager at Hyundai’s shipyard in Korea. With a captain’s determination he prepares the seven VLGC newbuilds with an impressive set of environmental equipment – set to minimize the climate footprint and rule the waves of ECO gas carriers.
Solvang deploys comprehensive measures to protect the marine environment, in compliance with GRI 101: Biodiversity, and the UN SDG 14 – Life below water.
The EU’s Corporate Sustainability Directive CSRD was adopted in 2024 to set Europe on a green trajectory. This is Solvang’s first report – following the VSME standard (voluntary environmental reporting standard for small and medium-sized enterprises)
The global reporting initiative (GRI) framework allows Solvang to communicate our impacts on the economy, environment and people in a transparent way. The following GRI disclosures cover topics within governance, strategy, policies and practices, climate change mitigation and adaptation, emissions, waste and water management, and social responsibility.
Our goal is to minimise operational and indirect emissions, and strive for zero spills to the environment. This is how Solvang deploys all systems to minimize our operational footprint on the environment and climate.
The new GHG regulations from the EU and IMO announce a new era for global shipping. Solvang has carefully prepared for what is to come. By 2030, all our vessels will be fully compliant with AER, while the GFI target level will depend on the availability of CCS and biofuel.
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 cutting edge green transportation.
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.
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.
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.
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.
