Unifeeder A/S and MPC Container Ships ASA (MPC) announced a new strategic collaboration to make joint investments into Energy Efficiency Technology (EET).
As explained, the partnership will see the parties unite to increase decarbonization and efficiency in maritime transport, driving forward Unifeeder’s own target to cut its emissions by 47% by 2030.
Under the agreement, Unifeeder and MPC will jointly invest in efficiency-enhancing retrofits with advanced EET solutions. The investments will be shared between the charterer, Unifeeder, and MPC. Subsequent cost savings resulting from these energy efficiency enhancements will also be shared between the two parties, fostering a mutually beneficial relationship, lowering fuel costs for the charterer and increasing the value of the asset for the owner.
A key aspect of this collaboration is the involvement of Vessel Performance Solutions ApS (VPS), which will monitor on all the installation of technical solutions to measure the efficiency savings from the installed EET using real time data.
This collaboration not only aligns with our goals for decarbonization but also sets a precedent for the industry to overcome traditional split incentive barriers. By jointly investing in a bundle of Energy Efficiency Technologies and sharing the resulting benefits, we are paving the way for a more sustainable future in maritime transport.
..Unifeeder’s Director Group Decarbonization, Christian Hoepfner, commented.
Unifeeder and MPC’s joint investments will focus on several solutions including the installation of variable frequency drives to adjust the outputs of high consumption parts to suit the specific need at the specific moment and a filtration system to purify lubeoil. All together, these are expected to cut emissions by over 10%.
Philipp Niesing, Managing Director at MPC, expressed enthusiasm about the partnership, stating, “This agreement with Unifeeder is a testament to our commitment to collaborative decarbonization and efficiency enhancements. Investments in our existing fleet is a cornerstone of our USD 400 million fleet renewal investment program as this will immediately contribute to reducing emissions. By overcoming the traditional split incentive structure, we hope to drive positive change in the industry, and we are proud to partner with Unifeeder in this undertaking.”
