A Finnish research-industry consortium has committed more than €13 million (£11.4m) in funding to be spent over the next three years on cutting emissions in the country’s shipping sector.
The Integrated Energy Solutions to Smart and Green Shipping (INTENS) consortium, which is made up of 19 organisations including NAPA Shipping Solutions, Wärtsilä Finland and Deltamarin, aims to help digitalise marine industries, introduce energy efficiency improvements and slash the emissions generated by the energy systems of ships.
The project will also receive funding support of €5.6 million (£4.9m) from Business Finland to help improve innovation, design, manufacturing and operations.
Pekka Pakkanen, Director of Development at NAPA Shipping Solutions, said: “In the wake of the recent decision by the International Maritime Organisation to reduce carbon dioxide emissions from shipping by 50% by 2050, we need to implement ways for the industry to decarbonise quickly.
“Optimising operations of existing vessels is the fastest way to do this in the short term.”