Njord, a green technology business founded by Maersk Tankers, is partnering with Rio Tinto, one of the world’s largest dry-bulk shippers, to cut fuel consumption and emissions. The partnership sees Njord design and install a package of energy-saving devices on two dry-bulk vessels owned by Rio Tinto. Insights will be made available to accelerate technology adoption in the industry at large.
As part of the Marine Pioneer Portal project in 2022, Rio Tinto called on the global technology and innovation industries to pitch solutions and technologies the company could install on two 205k DWT Newcastlemax vessels to boost vessel energy efficiency and decarbonise shipping.
Njord has been engaged as a technology integrator by Rio Tinto to evaluate, design and combine the best package of technologies for the two vessels.
“Njord was selected as our technology partner to provide technical support and experience to our Marine Pioneer Portal project, which included analysing the wide range of technologies put forward, assessing the benefits to our vessels and ensuring successful integration of the solutions onboard. We look forward to collaborating with Njord to help accelerate adoption of fuel efficiency and carbon reduction technologies in the maritime industry.” says Hollie Scoon, General Manager, Marine Operations & Performance at Rio Tinto.
Following an assessment of the effectiveness of the proposed technologies, Njord designed green tech packages, tailored for each vessel, combining existing and new energy-savings devices. Njord and Rio Tinto are jointly installing the technologies.
“Energy efficiency measures play a crucial role in decarbonising shipping,” says Frederik Pind, Managing Director of Njord. “Partnering with Rio Tinto – one of the frontrunners in the industry – offers a compelling opportunity to apply our expertise as a technology integrator to improve the energy efficiency of the vessels. By working together, we are confident that we can also assist others overcome some of the challenges of technology deployment.”
The two parties will measure the performance of the vessels before and after installation, to subsequently share their findings and experiences with the wider industry. The aim is to inspire other owners and charterers to accelerate their adoption of energy-saving devices to cut fuel consumption and emissions.
Njord was brought to market in 2022, and today works with more than 80 owners and charterers from across container, bulk, gas and tanker shipping.
About Rio Tinto
Rio Tinto is a leading mining and metals company, operating in 35 countries and producing high-quality iron ore, copper, aluminium, and other materials essential for the low-carbon transition. We are also the world’s largest dry bulk shipper by volume, operating 17 vessels of our own and contracting a fleet of around 230 vessels at any given time.
About Njord
Njord is a green transition partner for enhanced fleet performance and emission reduction through technology. Partnering with Njord allows shipowners and charterers in container, bulk, tanker and gas shipping to boost the commercial and environmental performance of their fleet and future-proof their business.
With extensive knowledge of current and newEnergy Saving Devices, Njord assists owners select and install the right combination of technologies and provides them with a sound business case.
The business is founded by Maersk Tankers and built on the foundation of a century of shipping heritage. It has offices in Copenhagen, Athens, Singapore and Mumbai. Read more at https://njordsolution.com.
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