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Displaying items by tag: CO2 cutting technology

Chemical and products tanker company Ardmore Shipping Corporation has placed an order for Value Maritime’s emissions-reducing Filtree system, including the Clean Loop system, for an initial six medium-range (MR) tankers.

Aligning with Ardmore’s energy transition ambitions, the tankers will be made Carbon Capture ready for collecting CO2 emissions onboard in the future. Taking place during regularly scheduled drydocks, the Filtree units will be installed in yards in Europe and Asia. Timing installations in this way ensures zero disruption to the commercial activities of Ardmore’s vessels.

Cleaning the air & the seas

The Filtree system is based on innovative technology that will filter sulphur, CO2 and 99% of ultra-fine particulate matter from the tankers’ exhaust stream. The system uses a Clean Loop mechanism which additionally filters its own washing water, removing oil residues and particulate matter, ensuring the pH neutral value of the water and contributing to reduced acidification of seas and rivers.

Bridging the transition

Ardmore Shipping is looking for sustainable solutions for its fleet, now and for the future. Due to the Filtree system’s removal of sulphur from the exhaust gas flow, Ardmore can cut its emissions today while continuing to sail with more cost-effective high-sulphur fuel. Additionally, this positively affects the vessel's performance and maintenance requirements. As a direct result, the Filtree system offers a rapid return on investment.

A better future for shipping

Through its Energy Transition Plan (ETP), Ardmore has set the target of playing a pivotal role in the industry’s goal to reach net-zero emissions. To achieve this, Ardmore is finding technologies that promote the roll-out and short-term implementation of alternative fuels, as well as identifying and implementing fuel efficiency technologies that lead the way to a sustainable future for the tanker industry.

Garry Noonan, Director of Innovation - Ardmore Shipping “In terms of technology, we believe strongly in working with technical and commercial partners to develop solutions addressing the energy transition. As we embrace what could be referred to as the next generation in exhaust gas cleaning system technology, Value Maritime’s Filtree is unique in its ability to not only clean and neutralize overboard discharge, but also offer an additional benefit in the form of a potential carbon capture upgrade, this allows us flexibility today, while future-proofing our vessels for tomorrow in an economical and efficient way.”

The next generation of efficiency technologies

Value Maritime has designed the Filtree as a plug and play system. The Filtree system to be installed on the Ardmore tankers will be outfitted with a modular CO2 capture and storage system to help reduce further emissions when this becomes viable. With this, CO2 is captured from a vessel's exhaust and stored in tanks onboard. This is then discharged onshore where it can be used, for example, in the sustainable cultivation of greenhouse crops, methanol plants, and even the food industry.

Yvette van der Sommen, Director Asia Pacific - Value Maritime: “We are already enjoying our collaboration with the team at Ardmore Shipping. Like us, they are always thinking of new ways to stay ahead and achieve substantial emissions savings to unlock further potential for greener operations. Integrating our technology into their suite of sustainable solutions means their fleet can make an impact from day one of sailing with the Filtree.”

Value Maritime

Value Maritime’s vision is to dramatically decrease the environmental footprint of shipping and significantly contribute to improving the overall sustainability of the maritime industry. Since 2017, their technology has been helping shipowners and operators to increase their competitiveness by achieving valuable emission reductions and financial savings.

Value Maritime is a fast-growing and innovative company that is sustainable by nature with a team that is dedicated to making an impact.

Ardmore Shipping Corporation

Ardmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 deadweight tonnes. Ardmore provides, through its modern, fuel-efficient fleet of mid-size tankers, seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies.

Ardmore's core strategy is to continue to develop a modern, high-quality fleet of product and chemical tankers, build key long-term commercial relationships and maintain its cost advantage in assets, operations and overhead, while creating synergies and economies of scale as the company grows. Ardmore provides its services to customers through voyage charters, commercial pools, and time charters, and enjoys close working relationships with key commercial and technical management partners.

Ardmore's Energy Transition Plan (ETP) focusses on three key areas: transition technologies, transition projects, and sustainable (non-fossil fuel) cargos. The ETP is an extension of Ardmore's strategy, building on its core strengths of tanker chartering, shipping operations, technical and operational fuel efficiency improvements, technical management, construction supervision, project management, investment analysis, and ship finance.

Ardmore has established Ardmore Ventures as Ardmore's holding company for existing and future potential investments related to the ETP and completed its first projects under the plan in June 2021.

Published in Ports & Shipping

Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!