Ridgebury Tankers, FuelTrust Partner to Cut Emissions
FuelTrust has released the outcome of its joint venture with Ridgebury Tankers, a technology company.
By establishing a carbon baseline for its Suezmax tanker, the Ridgebury John Zipser, and evaluating enhancements made after a retrofit in 2019, Ridgebury has shown that the use of scrubbers can result in a significant reduction in carbon emissions and a favourable return on investment.
Robert Burke, CEO at Ridgebury, said: “Our commitment to operating a sustainable business means that when we add a tanker to our fleet of vessels, we first consider how our investment will benefit the environment.
“Working with FuelTrust gives a higher level of detail and accuracy about how our investments affect emissions in any scenario. For the benefit of our seafarers, our investors, and the environment, we can use this insight to deliver measurable improvements to our vessels.”
FuelTrust has utilised Ridgebury's fuel and operations data from previous years to establish a carbon emissions baseline, which serves as a reference point for measuring the improvements made to the vessel.
FuelTrust's AI-based Carbon Baseline solution is cost-effective and provides comprehensive data on the vessel's emissions stack, which includes CO2, NOx, SOx, CAP, and HAP emissions.
The solution is capable of accurately measuring emissions down to the kilogram and evaluating the effects of various measures, such as scrubbers, silicone hull coatings, and the use of higher quality fuels, on vessel performance.
The technology utilised by FuelTrust enables the tracking of fuel bunkers from their source through emissions and combustion, providing insights into the quality, density, greenhouse gas (GHG) emissions, and origin of fuel. The technology also analyses chemical reactions that occur during onboard combustion and incorporates virtual models of engines, scrubbers, coatings, and other clean technologies, making it unique.
FuelTrust plans to analyse additional tankers to assess the impact of fuel choice and operational behaviours on emissions. The next phase of the project will involve analysing the relative financial and environmental benefits that can be achieved through the installation and effective operations of scrubbers by model.
Source: Ship Technology