"Banks are beginning to recommend efficiency retrofits to shipowners. As this trend continues, efficiency retrofits will offer increasing wealth-creating opportunities and inefficient ships will become more and more unmarketable." José María Figueres, Chairman of the Board for Carbon War Room and Rocky Mountain Institute
Today, Carbon War Room announced that several leading banks in the shipping industry, including HSH Nordbank and KfW IPEX-Bank, use energy efficiency data in making investment and financing decisions. HSH Nordbank, KfW IPEX-Bank, and other banks surveyed by global nonprofit Carbon War Room (CWR) have indicated that vessel efficiency rankings—such as the A to G GHG Emissions Rating developed by independent ship vetting company RightShip and CWR—now form an important part of assessing risk and return, with inefficient vessels now representing a higher-risk investment.
“By offering tax discounts to ships retrofitting energy efficiency technologies, the Liberian Ship Registry is adding thousands of extra dollars to the savings that these retrofits already offer.” Jeff Erikson, Director of Global Projects, Carbon War Room
The Liberian Registry, the world’s second-largest flag state for ships, has committed to offering tax discounts of up to 50% for vessels retrofitting efficiency technologies through a financing partnership between Carbon War Room (CWR) and EfficientShip Finance (ESF). Read More.
Fleets that optimize their electronic engine parameters for fuel economy can expect to see about a 0.5 MPG improvement in fuel economy. Fuel economy improvements of 5–8% are possible for fleets that previously have not used parameters to optimize for fuel economy. Read More.
Rocky Mountain Institute (RMI) and Carbon War Room (CWR) are pleased to announce the selection of their joint project proposal, Operation: LeaderShip, by the Dutch Postcode Lottery (DPL) for a €1,000,000 award. Operation: LeaderShip will further support the shipping industry to realize the considerable emissions and cost savings locked within the sector. Read More.
Transmission technologies can mitigate fuel costs and the driver shortage, two issues that have plagued fleet owners, according to
a new Trucking Efficiency Confidence Report released today by NACFE and the Carbon War Room. The report looks at electronically controlled transmissions, and concludes that fleets can realize a 1–3% fuel economy improvement when they switch to automated manual transmissions. These transmissions also expand the pool of potential drivers significantly, improve driver recruitment, and help retain drivers already on the payroll. Read More.