Maersk Product Tankers reduced its CO2 emissions by 3.3% in 2020, by using digital and technical solutions.
Maersk Product Tankers continued working in partnership with Maersk Tankers, which manages the fleet commercially and technically. Critical in this was the use of the digital solution Optimise by ZeroNorth. Through the use of algorithms, Optimise helps operators optimise bunker spend, which, in turn, cuts CO2 emissions. The solution was used across the fleet and it now has the commitment of 1,500 vessels in tramp shipping to use it.
These solutions reduced Maersk Product Tankers fleet’s CO2 emissions by 3.3%, giving a total reduction of 28.7% between 2008 and 2020. This puts Maersk Product Tankers on course to achieve its target of a 30% cut by 2021.
Shipowners have to put in place comprehensive plans to reduce their CO2 emissions. We have an unwavering commitment to cutting our fleet’s emissions through partnerships and innovative solutions
stated Christian M. Ingerslev, CEO of Maersk Product Tankers.
In addition, lockdowns and restrictions implemented by governments to contain the pandemic made crew shifting exceedingly difficult and were an added cost.
Despite this, Maersk Tankers’ technical management of the vessels reduced average daily running costs to USD 5,590 per day (USD 5,696 per day in 2019). This was achieved, among other things, through greater use of data and technology in vessel repair and maintenance.