TelestackViganTMS Awards 2023Sailors SocietyPort of StocktonCimbria
  • TMS Awards 2023
  • Telestack
  • Van Aalst
  • Bühler GmbH
  • Vigan
  • Port of South Louisiana

Synergy founder: Decarbonise to stay ahead of curve

Synergy founder: Decarbonise to stay ahead of curve

(Posted on 19/06/20)

Shipping should urgently implement a range of short-term efficiency gains to reduce carbon emissions while also embracing more radical long-term sustainability challenges if it wants to get ahead of the regulatory curve, believes Captain Rajesh Unni, CEO and Founder of Synergy Group, one of the world’s leading ship managers.

Speaking during ‘The Path To Decarbonisation’ session of the 10th Annual Capital Link Operational Excellence in Shipping Forum, Captain Unni said in the short-term there were ample, achievable “low hanging fruit’” efficiency gains that would make shipping more sustainable.

For example, improvements in Energy Efficiency Design Index (EEDI) plans and in vessel Ship Energy Efficiency Management Plans (SEEMP) offer the potential to reduce emissions in the short-term, while also creating opportunities for those partners with the technical expertise to help ship owners navigate the technological and regulatory challenges.

“I think there are still low-hanging fruits we can capitalise on in the short-term [including EEDI (Energy Efficiency Design Index) which we’ve done a lot of work on, plus SEEMP,” Captain Unni told delegates.

“We need to look at Negawatts – negative watts – because we need to look at how to save energy rather than using it.”

He also called on the International Maritime Organization (IMO), which is targeting a reduction of at least 50% in greenhouse gas emissions by 2050 compared to 2008 levels, to create a regulatory framework that better encourages decarbonisation innovation and provides incentives to increase the range of sustainable options open to vessel owners and operators.

Illustrating the lack of options currently available, Captain Unni said achieving the IMO aim of cutting carbon emissions by 40% by 2030 with an Aframax tanker currently burning heavy fuel oil left few alternatives aside from using LNG as a fuel alongside some means of exhaust gas recovery and/or carbon capture.

“I feel carbon capture is an inevitable short-term solution, but IMO needs to come up with a more credible plan before 2023 in the short term,” added Captain Unni.

“IMO has set broad guidelines when what perhaps we want is a more robust, more thermo-dynamic framework that maps the entire carbon cycle; that gives access to people to make detailed problem statements and then find potential solutions.”

Captain Unni believes that as the world recovers from coronavirus, pressure for shipping to take radical steps on the path to sustainability will increase and should be heeded. He sees a range of potential emission reductions paths available to owners and managers that can be implemented ahead of an inevitable shift to more sustainable fuels in the future.

For example, ship designs and construction can be made more efficient and less wasteful to reduce emissions over the life cycle of the ship, port operations can be made more efficient, and technology and digitalisation can help vessels reduce fuel consumption.

“For companies like us, who look at ourselves as a technical thought partners, decarbonisation is a huge opportunity,” said Captain Unni.

“We’ve invested a lot of time and resources in this over the last 3-4 years because the impact of new regulations is going to be multi-faceted. It’s going to affect infrastructure. There will be retrofits and new designs. It will be about competency and the workforce, processes and new business models, and better training.

Latest News

Red Sea conflict brings massive shipping carbon emissions increases

(Posted on 23/04/24)

Conflict in the Red Sea has brought massive carbon emissions increases in ocean freight shipping, according... Read more


WFW advises Danaos on US$450m newbuild vessel financing

(Posted on 23/04/24)

Watson Farley & Williams (“WFW”) has advised Danaos Corporation (“Danaos&rdquo... Read more


North Pacific Green Corridor Consortium forms new corridor

(Posted on 18/04/24)

Global industry leaders from North America, Asia and Europe have announced the formation of the North... Read more


Tomini Dynasty Captain receives prestigious Gallantry Award

(Posted on 16/04/24)

Tomini Group, a world-class dry bulk ship owner, has announced that Captain Om Dutta has been honoured... Read more


Singapore retains top spot as world’s leading maritime city

(Posted on 15/04/24)

Singapore has retained its title as the leading maritime city in the world, followed by Rotterdam and... Read more


AtoB@C Shipping takes delivery of Stellamar

(Posted on 15/04/24)

AtoB@C Shipping, a subsidiary of ESL Shipping, the leading carrier of dry bulk cargoes in the Baltic... Read more


Maritime industry leaders to explore ammonia as marine fuel on US West Coast

(Posted on 29/03/24)

American Bureau of Shipping, CALAMCO, Fleet Management Limited, Sumitomo Corporation and TOTE Services... Read more


MMS raises awareness over improper use of antibiotics on board vessels

(Posted on 29/03/24)

Leading provider of medical support services for crews, Marine Medical Solutions (MMS), is concerned... Read more


ESL to sell Supramaxes

(Posted on 25/03/24)

ESL Shipping, a leading carrier of dry bulk cargoes in the Baltic region, has signed a memorandum of... Read more


Sustainable fuels can reach cost parity with fossil fuels by 2035

(Posted on 25/03/24)

New Wärtsilä analysis shows EU ETS and FuelEU Maritime will close price gap, creating policy... Read more


Port of South LouisianaGeneva DryTBA GroupVan AalstBühler GmbH
  • Sailors Society
  • TBA Group
  • Port of Stockton

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping