Seaspan Energy, a subsidiary of the maritime transportation leader Seaspan, announced a strategic alliance with climate solutions provider Anew Climate. Designed to cater to ship owners on the North American West Coast, the collaboration emphasizes delivering renewable liquefied natural gas (R-LNG). This renewable option stands as a promising fuel choice for maritime sectors seeking sustainability. The broader context of their agreement highlights environmental responsibilities and a focus on transitioning to cleaner energy supplies for industries grappling with emissions challenges.
Information from earlier reports show that such collaborations are becoming standard in the maritime sector as global pressures to reduce emissions mount. Previous attempts by other companies focused on LNG solutions showcased early successes in emission reductions, yet Seaspan and Anew Climate are introducing a more refined approach with their focus on renewable LNG certified by multiple international frameworks. Their strategy reflects an evolution in industry practice, further demanding robust validation and sustainability metrics.
What Will Seaspan and Anew Provide?
Under this agreement, Anew Climate is set to supply renewable natural gas (RNG), which receives certification from the International Sustainability and Carbon Certification (ISCC). An imperative part of this collaboration involves offering pre-audit services to Seaspan to ensure ISCC certification. This ensures that the fuel complies with standards from authoritative bodies such as the International Maritime Organization’s (IMO) Net Zero Framework.
How Can This Affect the Shipping Industry?
Adopting the use of certified lower-carbon fuels proposed by Seaspan and Anew Climate can drive significant changes in the shipping industry. With looming IMO regulations and EU directives focused on decarbonization, ship owners are under increasing pressure to explore alternative fuel solutions. The companies’ initiative channels efforts into identifying and developing such commercial opportunities to alleviate emissions in maritime operations.
Speaking on the partnership, Harly Penner, President of Seaspan Energy, expressed optimism about this endeavor.
“We’re proud to collaborate with Anew Climate to forge a new path for lower-carbon marine fuel. This partnership supports our goal to provide cleaner energy solutions to the maritime industry and demonstrates our dedication to innovation and environmental leadership.”
This collaboration stands as another step in Seaspan’s journey under the parentage of TPG’s impact investing platform, TPG Rise.
Anew Climate, with its extensive experience in climate solutions, plays a crucial role in the agreement. The company’s projects often focus on helping businesses trim their carbon emissions through technological and nature-based solutions. As one of the most prominent RNG marketers, Anew’s collaboration with Seaspan could herald new opportunities for broader market adoption of RNG.
Andy Brosnan, President of Anew Climate Low Carbon Fuuels, emphasized the importance of this alliance:
“At a time when global shipping is under pressure to decarbonize, this partnership brings together two innovators committed to advancing sustainable solutions. By combining Anew’s expertise in RNG with Seaspan’s marine logistic capabilities, we’re offering a market-leading approach to help shipowners meet evolving emissions requirements and reduce their environmental impact without compromising performance.”
The initiative highlights a concerted effort to capitalize on Anew Climate’s extensive RNG capabilities.
Seaspan and Anew Climate’s current endeavor not only reinforces shipping industry efforts toward emissions reduction but also positions both players at the forefront of sustainable marine transport solutions. The organizations’ decision to deliver renewable LNG aligns with increasing global standards aimed at environmental sustainability. By harnessing certified renewable resources, they are paving the way for greater efficiencies and lower emissions without necessitating an overhaul of existing supply structures. This may encourage similar initiatives by other marine logistics companies in the near future.
