Fincantieri and GE Power Ink Agreement for Development of New 2020 Compliance Solution

Fincantieri has signed an agreement with GE Power for the co-development of a new emission control solution.
Image Credit: Fincantieri

Fincantieri S.p.A. (Fincantieri) today announced that it has signed an agreement with GE Power for the co-development of a new emission control solution - known as the Shipboard Pollutant Removal System - intended to support ship compliance with tightening emission regulations in 2020.

Fincantieri says the system is developed for cruise ships but can be installed on all vessels using heavy fuel, and can help ships save on operational costs.

"We are proud to announce this one-of-a-kind agreement. In fact, no shipbuilder before had ever established a partnership to reduce emissions with a system manufacturer, that is one of among the leaders in the area in which it operates," said Giuseppe Bono, CEO of Fincantieri.

"This strategy, having cutting-edge research and innovation at the forefront, will allow us to furthermore raise the bar of technology to the benefit of the cruise market, in a sector, as the one of minimisation of environmental impact, which is so significant for our customers."

Under the agreement, Fincantieri will define the necessary technical requirements for system design, while GE Power will define the features required for an emission control system to help meet target performances.

"This agreement builds on GE’s and Fincantieri’s long-term relationship and we are proud to develop such an innovative solution with one of the main shipbuilders in the world," said Sandro De Poli, President and CEO of GE Italy.

"To develop the Shipboard Pollutant Removal System, we will combine Fincantieri expertise and GE’s deep domain experience in air quality technologies for the reduction of pollutants in different fields, such as power, aluminium, iron and steel and waste to energy."

In May, Ship & Bunker reported that Fincantieri had signed a Memorandum of Understanding (MoU) with Eni S.p.A. (Eni) for a research and development partnership that could see the two companies carry out studies on energy projects related to natural gas, including its use as marine fuel.