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Green tech business Njord opens up in Greece

Frederik Pind, Panayotis Bachtis and Steen Sander Jacobsen
February 21, 2023
by
Juliane von Wirén

Njord is opening up in Athens, Greece to serve its expanding local customer base and meet a growing demand for green tech to cut fuel consumption and vessel emissions. The move into the world’s largest ship-owning nation comes as demand for energy efficiency measures continues to rise as the industry strives to decarbonise.

“The Greek fleet, which forms such a large proportion of the global fleet, is key to decarbonising the industry,” says Frederik Pind, Managing Director at Njord. “We are seeing a great willingness on the part of Greek shipwowners to invest in energy-saving technologies, with most owners already harnessing technology to cut emissions. By establishing a physical presence in Athens, we can help owners intensify their efforts.”

Njord in Greece will be managed by Panayotis Bachtis, who joined the company on 15 February. He brings a wealth of local market insight from a career spanning more than 30 years in Greek shipping. His strong understanding of clients’ needs will enable Njord to offer the best solutions for their commercial and operational profiles.

Njord works with owners and charterers in tanker, dry-bulk, container and gas shipping to cut fuel consumption and emissions by designing tailor-made packages of energy-saving devices. The business has seen rapid growth in the past year, and is seeing particular interest in Greece, where approximately a third of its clients are based.

About Njord

Njord is a green technological business founded by Maersk Tankers, which aims to accelerate cost-effective and industry-wide greenhouse gas reductions. Njord helps shipowners and charterers in container, bulk, tanker and gas shipping to become more efficient by offering advisory and technical solutions that help shipowners cut emissions. It offers a full-service package, including screening for potential, designing the solution and assisting owners with the installation of energy-saving devices.

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