Achieve energy efficiency, reduce fuel consumption and navigate evolving tax regimes including the EU ETS, FuelEU Maritime and IMO Net-Zero Framework. The Decarbonization Plan, designed for both individual ships and entire fleets, addresses short-term business needs while delivering long-term benefits.
Decarbonization Plan – your optimal and compliant pathway
Helping you realize your decarbonization targets in the most efficient way possible, the Decarbonization Plan enables you to map out your compliance strategy. You can stay ahead of the curve and get insights into implementing energy efficiency measures and fuel choices – supporting you in reducing fuel consumption and your exposure to carbon tax like the EU ETS, FuelEU Maritime as well as the new IMO Net-Zero Framework regulations. The Plan is also aligned with the requirements in ESG frameworks (CSRD and ISSB) regarding transition plans.
Now is the time to think ahead and get your Decarbonization Plan prepared. Optimally utilize operational measures and smartly time retrofits along with your docking schedule, for the lifetime of your vessel and in line with the short-term needs of the SEEMP III. Thus ensuring compliance of your fleet in the most cost-effective manner.
Your key benefits of the Decarbonization Plan for vessels in service and newbuilds
Gain high-level insights and a ship-specific plan for the long-term decarbonization
Identify and implement energy-efficient measures to significantly reduce fuel consumption, thereby optimizing the impact of tax regimes (e.g. EU ETS and FuelEU Maritime, IMO Net-Zero Framework)
Ensure GHG compliance with regulatory and stakeholder requirements
Remain competitive in the market, with cost-efficiency as a key driver
Build stronger relationships and a reputable standing within the value chain, incl. charterers and cargo owners
Use the best options from our extensive Abatement Insights database with ship-specific alternatives
This stepwise effort, guided by DNV, was thoughtful, well-timed and in-depth; it highlighted areas where we were very strong and others where we had work to do. It was presented in a way that was clear, concise and solution-oriented. Read the full case story
William Nugent
Senior Vice President and Chief Technical and Sustainability Officer
International Seaways
The Decarbonization Plan service in detail
The Decarbonization Plan service is perfect for identifying the right sequence of measures to optimize cost efficiency in both the short and long term.
The plan incorporates our insights into the drivers for decarbonization and our knowledge of decarbonization options. It aims to assist shipowners and operators in developing cost-efficient and technically solvable decarbonization strategies and reduction plans with a short payback period.
While focusing on navigating the different abatement options to ensure compliance with the requirements of the IMO, the plan also supports the management of various needs of stakeholders such as the EU, banks, insurers and charterers. Thus, we make sure the plan not only complies with the IMO’s requirements but is also aligned with the Poseidon Principles and Sea Cargo Charter. An assessment of the impact of the plan on EU and IMO taxes for vessels and fleets is also considered.
Key considerations of the Decarbonization Plan
GHG compliance status and benchmarking of your vessels and fleet
Identification of best options for improvement – operational, technical, and blend-in fuel alternatives
Cost–benefit analysis of different measures
High-level impact on EEXI for existing vessels or EEDI for newbuilds
Docking schedule of the individual vessel
CO2 price, fuel price and share (%) of fuel cost
Impact of tax regimes (e.g. EU ETS, FuelEU Maritime, IMO Net-Zero Framework
Inclusion of SEEMP Part III requirements
Optimized plan development supported by data: Abatement Insights
The key to the Decarbonization Plan is our Abatement Insights database, which contains information about more than 50 different energy-efficiency measures based on consolidated data and project experience. Considering both mature, proven technologies as well as several novel technologies that are currently in the research stage, the platform enables our experts to source information for the Decarbonization Plan – going far beyond the standards to truly match your needs.
