GE Power and Fincantieri collaborate on reducing ship emissions

GE Power and Fincantieri collaborate on reducing ship emissions

GE Power and Fincantieri have announced a new partnership for the co-development of a new emission control solution to reduce pollution in the marine industry.

Shipboard Pollutant Removal System will help control emissions to be compliant with Marpol’s more stringent emissions limits directive due to come into force by 2020. The agreement, which follows a previous memorandum of understanding between the two companies last September, was signed today by Sandro De Poli, president and CEO of GE Italy, and Giuseppe Bono, CEO of Fincantieri.

According to the agreement, Fincantieri will define the necessary technical requirements to design an emission control system for a vessel to develop a competitive product. GE Power, with one of the most comprehensive portfolio to treat all main industrial pollutants for power and industry applications and 80 years of experience in environmental control solutions, will define the features that are necessary for an emission control system, to help meet the target performances. The new product to control SOx and particulates emissions is developed for cruise vessels but can be installed on all vessels using heavy fuel. In addition, it will help ship owners reduce operational costs.

“We are proud to announce this one-of-a-kind agreement. In fact, no shipbuilder before had ever established a partnership to reduce emissions with a system manufacturer, that is one of among the leaders in the area in which it operates,” commented Bono. 

Nicola Capuzzo

Nicola is a highly qualified journalist focused on transport economics, logistics and shipping with broad experience in both online and printed media. Specialties: shipping, ship finance, banking, commodities and port economics. He regularly interviews Europe's top shipowner executives for Maritime CEO magazine.

Related Posts