The Njord ScoreTM
Your Key to Sustainable and Profitable Shipping
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Percentage
ROI
The Njord Score is an industry-wide steer for good practice that navigates the complexity of energy efficiency technologies.
Maximizing energy efficiency is a crucial element in shipping’s energy transition, short, medium and long term.
The Njord Score is introduced to provide shipowners and charterers with a clear view of vessel’s efficiency potential, helping them make informed decisions that maximise savings, reduce emissions, and future-proof fleets.
By identifying the most commercially viable technologies while benchmarking industry efforts, the Njord Score enables shipping’s acceleration towards profitability and sustainability.
A strategy for energy efficiency, fuel reduction, and compliance with evolving maritime regulations
This insight helps facilitate informed decisions around technology investments.
By offering a transparent benchmark, it enables you to evaluate and compare your fleet’s performance, making a compelling case for targeted upgrades that drive commercial and environmental returns.
The Njord Score can also help you assess vessels before buying or chartering, to see if any upgrades are needed to be incorporated into a deal.
Score
Vessels are analyzed and scored on the basis of the combined savings a commercially-viable technology package will deliver.
The technology selections are vessel-specific and based on the review of asset utilization and trade patterns.
We strategically eliminate the technologies having a negative impact on the business case and target a combined ROI of less than 2.5 years.
Once the impact is evaluated, we grade vessels from A to E depending on the remaining savings potential which is yet to be explored.
A vessel with Grade "A" would have utilized close to all the applicable existing ESDs, with an overall ROI of less than 2.5 years, whereas a vessel with Grade "E" has more than 12% commercially viable savings to further explore.
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