"Pioneering" 25% Bunker Saving Venture Bringing Ship Owner and Charterer Together Acknowledged with Award

Hammonia, Intermarine, and Carbon War Room were awarded the Energy Efficiency Project of the Year at this year's BusinessGreen Leaders Awards.

BusinessGreen Thursday announced that a project aimed at delivering bunker sayings of 25 percent has been named its Energy Efficiency Project of the Year at the annual BusinessGreen Leaders Awards.

Hammonia Reederei (Hammonia), Intermarine LLC (Intermarine), and Carbon War Room (CWR) are all part of the winning Multi-Technology Ship Efficiency Retrofit Project, praised in part for the way it brought together the ship owner and charterer to achieve the bunker savings.

"In a highly competitive category, the Ship Efficiency Retrofit Project stood out for its pioneering approach to tackling the split incentives that undermine so many efficiency programmes," stated BusinessGreen.

"By facilitating a landmark shared benefits agreement Hammonia, Intermarine and Carbon War Room were able to bring ship owner and charterer together to deliver the kind of comprehensive efficiency upgrades that are all too often blocked by short term financial priorities."

As Ship & Bunker previously reported, the project's retrofit bundle, which includes an optimised bulbous bow, rudder optimisation, high-performance hull coating, and trim and ballast optimisation at standard drydock, is said to have been installed on the three 10,536 DWT Hammonia-owned Industrial Ruby, Industrial Royal, and Industrial Revolution.

Around 500 executives are said to have attended the AECOM-sponsored award ceremony, which was held Wednesday in London, and is intended to celebrate the best of the UK's green economy.

Last year, CWR said that charterers representing 20 percent of global shipped tonnage now have policies in place to avoid using the most inefficient ships based on their GHG Emissions Rating.