Wärtsilä to help Capital Gas cut GHG emissions from its LNG carriers

The Finnish technology group Wärtsilä has partnered up Capital Gas Ship Management Corp. to develop a new Fleet Decarbonisation Programme aimed at boosting the efficiency of the company’s LNG carrier fleet.

The agreement was signed in June 2022 and will be applied to a fleet of six 174,000 cbm LNG carriers within the Capital Gas management portfolio.

In order to comply with the International Maritime Organization’s (IMO) upcoming Energy Efficiency for Existing Ships Index (EEXI) and CII protocols, fleet operators are faced with the complex task of selecting the optimal solution.

Therefore, the programme will provide a detailed Carbon Intensity Indicator (CII) compliancy analysis of the vessels, predicting the fleet’s status in reference to the 2030 targets.

The analysis will be based on advanced Machine Learning algorithms utilising extensive data on, among other things, vessel movements and locations, and the technical characteristics of each ship. The algorithms are powered by Wärtsilä’s CII Insight – a set of capabilities that enable owners to forecast a vessel’s compliance with CII, and to understand the impact of alternative solutions.

Furthermore, the programme will support the selection of the most effective means for decarbonising the selected fleet from the vast array of solutions and technologies currently available. It will also take into consideration technical, operational, and commercial aspects affecting drydock planning and the recommended timing for implementing modifications and conversions.

“Environmental leadership is a top priority for Capital Gas Ship Management Corporation. By engaging with Wärtsilä in this Fleet Decarbonisation Programme, we are looking to continue delivering the highest value to our customers. This includes optimising the efficiency of our fleet, and identifying the most relevant solutions for reaching the highest possible environmental standards,” says Miltos Zisis, Managing Director, Capital Gas.

“The Fleet Decarbonisation Programme delivers a seamless combination of the company’s technology leadership in the marine industry, and the very latest digital tools. We are now able to leverage on the huge volume of data from our long-standing presence in the market, with the most advanced data analysis capabilities available,” says Giulio Tirelli, Director, Business Development, Wärtsilä Marine Power.

Capital Gas is a ship management service provider, currently operating a fleet of 14 LNG carriers with a total carrying capacity of approximately 2.44 million cubic meters and a total deadweight of 1.14 million tons.