Latest NewsPower & PropulsionA Sea Change: Sustainable Shipping Solution to Generate Carbon Credits

A Sea Change: Sustainable Shipping Solution to Generate Carbon Credits

Gold Standard and Stillstrom have introduced a significant initiative aimed at reducing greenhouse gas emissions within the shipping sector. The ‘Methodology for Emission Reduction by Shore-side or Offshore Electricity Supply System’ promotes using grid electricity and renewable energy when ships are at port, anchorages, or working offshore, representing a crucial advancement in maritime sustainability.

Shipping, vital for global trade, accounts for approximately 3% of global greenhouse gas emissions. These emissions continue in ports and anchorages where ships at a standstill continue to release greenhouse gases and particulate matter – often close to populated areas.

Gold Standard’s methodology, developed in partnership with Stillstrom’s and available for use by any project developer, aims to reduce emissions from ships at anchorages or wind farms by utilising both grid and offshore wind electricity delivered to ships through innovative technology like Stillstrom’s specialised offshore charging solutions.

Margaret Kim, CEO of Gold Standard, said:“This methodology is a stride towards a cleaner, more sustainable future for global trade. It underlines our commitment to pioneering solutions that offer tangible incentives for the maritime sector to invest in green technologies. Together, we can chart a course towards a more sustainable horizon.”

Eliminating the need for fossil-fuel based power generators, the methodology allows project developers to issue carbon credits for the reductions in emissions. This income will support the installation of these systems where they would otherwise not be economically viable.

David Samad, Co-founder and Chief Strategy Officer of Stillstrom, said: “As a pioneer in developing offshore power and charging solutions, Stillstrom has set its ambition to decarbonise anchorage sites and offshore windfarms around the globe. We are greatly encouraged by the steps taken by Gold Standard to jointly develop this methodology, which will significantly improve the commercial viability of delivering power to vessels offshore.”

Stillstrom aims to deploy systems in Europe as early as next year, with the ambition to have five green anchorage zones by 2030. “Those anchorage zones are collectively estimated to eliminate over 100.000 tons of CO2e per year – the equivalent to taking almost 22,000 cars off the road.”

“This is a pioneering industry and we are issuing a call to action to all stakeholders to take part in decarbonising our local waters.”

Every day, thousands of vessels lay idle in anchorages around the globe. These vessels, even while stationary, still consume fossil fuels to power their auxiliary applications, releasing greenhouse gases and particulate matter often close to populated areas. Stillstrom, an A.P. Moller Maersk-owned venture created in 2019, is developing offshore power systems in anchorages and offshore windfarms, that provide clean anchorage zones and charging infrastructure respectively. In addition to the emissions savings, vessels connected to these systems will also reduce noise pollution, sea floor disturbance from anchor drag, and will provide a safe anchor point for the crew onboard the vessels.

The methodology is one of a Gold Standard’s suite of strategies to enhance shipping sustainability. It complements the existing ‘Retrofit Energy Efficiency Measures in Shipping’ methodology, which focuses on upgrading ships to improve their energy efficiency and is supported by the under development ‘GHG emission calculation for Marine fuels and bio bunkers’ methodology.

Latest News

SAFE Boats International, a US manufacturer of high-performance aluminium vessels for military, law enforcement and emergency response operations, has secured a five-year Blanket Purchase Agreement (BPA) valued at up to $36.4 million to support U.S. Southern Command (SOUTHCOM) Foreign Military Sales (FMS) programmes.

SAFE Boats Secures $36.4 Million Patrol Vessel Agreement

Five-year agreement will support US Foreign Military Sales programmes, with initial patrol vessel deliveries to four Caribbean nations scheduled from 2027 SAFE Boats International has...
Hydrex carried out temporary hull repairs on a 67-metre shallow-water barge during June, adapting its original repair plan to overcome challenging weather and sea conditions while maintaining safe working practices. The work was undertaken while the barge was in the Norderney and Delfzijl areas, with damage identified in void tanks 4 and 6.

Hydrex Adapts Repair Strategy for Barge Hull Repairs

Challenging sea conditions prompt Hydrex to adopt an alternative repair method for damaged sections of a barge hull Hydrex carried out temporary hull repairs on...
Damen Shipyards Group has placed a new order with EST-Floattech for two Octopus Series battery systems for installation aboard Damen Combi Freighter (CF) 3850 vessels, renewing the framework agreement between the two companies.

Damen Orders Two More Octopus Battery Systems

Damen Shipyards Group has renewed its framework agreement with EST-Floattech, ordering two Octopus Series battery systems for its Combi Freighter 3850 Damen Shipyards Group...
Kristiansand Municipality in Norway has taken delivery of SGT Drengen, an 11-metre ProZero Mission Master workboat built for the Norwegian Archipelago Service. The vessel is the third ProZero workboat delivered to the service and was handed over to its crew in Kristiansand.

ProZero Delivers ‘SGT Drengen’ to Norway

The 11-metre Mission Master, 'SGT Drengen', features an open working deck and bow ramp to support daily operations across the Norwegian archipelago Kristiansand Municipality in...

Related news