Rewarding the improved fuel efficiency
AkzoNobel's Marine Coatings business, and The Gold Standard Foundation have announced a new and unique methodology to reward the improved fuel efficiency of ships within the international maritime industry. Certification by The Gold Standard for the first of its kind, peer-reviewed methodology will allow ships to generate carbon credits, thus income, for the CO2 emission reductions they achieve. The methodology is based on ship owners and operators converting existing vessels from a biocidal antifouling system to the premium, biocide-free advanced hull coating Intersleek. A baseline emission level is determined for the vessel prior to the application of Intersleek with the same data source then used to determine the emission savings after the application of Intersleek. The carbon credits generated are directly related to reduced emissions as a result of reduced fuel consumption. "This landmark methodology enables ship owners and operators to benefit twice when they invest in Intersleek technology. Firstly, they can increase operational, environmental and energy efficiencies, which reduces fuel costs and emissions and then they can reap the additional financial benefits of carbon credits, which we will share with them," says Trevor Solomon, Intersleek Business Manager. Added Conrad Keijzer, AkzoNobel's Executive Committee member responsible for Performance Coatings: "This ...
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