TwinShip project aims to improve access to reliable data for aiding in shipping decarbonisation
Wärtsilä Corporation, Trade press release, 24 October 2024 at 11 AM EEST
A consortium, including technology group Wärtsilä, will develop a new system for the maritime industry which is aimed at improving access to reliable data to enable smarter shipping decisions related to decarbonising fleet operations. The project, name ‘TwinShip’*, is sponsored by the European Union (EU) and will run from 2025 until 2028.
The need for decarbonisation is well acknowledged in the maritime industry. However, investment decisions are often delayed due to a lack of accurate cost, performance and emission estimations for new and/or retrofitted ship designs. This is especially relevant when it comes to new sustainable fuels and energy-saving solutions.
The TwinShip project will involve over a dozen technology and service providers, ship design and shipping companies, classification societies, ports, software developers, and research and academic bodies. Utilising the expertise of these partners, the project will develop a Decision Support System (DSS) which can be used when planning different setups of machinery, propulsion and energy-saving devices for newbuilds and retrofits.
“Industry collaboration is essential if the shipping industry is to meet its emissions reduction goals, and this TwinShip project is an extremely important initiative that we at Wärtsilä are keen to support,” says Anders Öster, General Manager, Research Coordination & Funding, Wärtsilä Marine. “By working together under this project’s cooperative umbrella we can make a real contribution to a decarbonised future.”
The intention of the project is to provide reliable cost, performance and emission data, based on best possible domain knowledge. This, in turn, will be further improved through advanced AI-based algorithms that can analyse vast amounts of real test data. The project results will be validated through four pilot vessel demonstrations.
The project will set ambitious benchmarks for supporting the industry with its target of reducing Greenhouse Gas (GHG) emissions. These benchmarks will be in line with the 2023 IMO GHG Strategy, which includes a target of net-zero GHG emissions by or around 2050. A central element will be providing access to reliable data and predictive insights that will have a significant impact on optimising fleet efficiency leading to improved performance, lower costs, and reduced emissions.
Wärtsilä has taken a leading position in supporting the industry’s transformation towards a more sustainable future. In addition to its strong investments in developing new high-efficiency technologies, the company is targeting carbon neutrality in its own operations and aims to offer a product portfolio ready for zero-carbon fuels by 2030. The TwinShip project will utilise and build further upon the outcomes of Wärtsilä’s previous and ongoing EU-funded projects, such as SeaTech, CHEK, Green Ray and Ammonia2-4. SeaTech, CHEK, Green Ray and Ammonia2-4.
Media contact for more information on this release:
Isabella Alder
Positioning and Strategic Communications Manager Wärtsilä Marine
Tel: +44 (0) 7792 681 757
marine.media@wartsila.com
Image caption: The TwinShip project will develop a new system for the maritime industry which is aimed at improving access to reliable data to enable smarter shipping decisions related to decarbonising fleet operations. © Wärtsilä Corporation
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Wärtsilä Marine in brief
Wärtsilä Marine is a global pioneer in power, propulsion and lifecycle solutions for the marine market. We develop industry-leading technologies, advancing maritime's transition to new fuels. We support building an end-to-end digital ecosystem where all vessels and ports are connected. Ultimately, Wärtsilä Marine is driving the shipping industry forward on its journey towards a decarbonised and sustainable future through our broad portfolio of engines, propulsion systems, hybrid technology, exhaust treatment, shaft line solutions and digital technologies, as well as integrated powertrain systems. Our offering, which is underpinned by our performance-based agreements, upgrades, lifecycle solutions, decarbonisation services, as well as an unrivalled global network of maritime expertise, delivers the efficiency, reliability, safety, and environmental performance needed to support a safe and sustainable future for our customers, our communities and our planet.
www.wartsila.com/marine
Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. Our dedicated and passionate team of 17,800 professionals in more than 280 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2023, Wärtsilä’s net sales totalled EUR 6.0 billion. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
*Acknowledgement of external funding:
This project is co-funded by the European Union.
