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MB Shipbrokers and Azolla create decarbonisation solution for retrofits

MB Shipbrokers, formerly known as Maersk Broker, and maritime engineering firm Azolla have started a strategic collaboration aimed at accelerating the decarbonisation efforts of ship owners, operators, and charterers.

This partnership addresses the issues of technology, future fuels, regulations, and global standards, as it provides a comprehensive turnkey solution covering technical, commercial, and implementation considerations for energy efficiency technology retrofits.

This bespoke consultancy guides clients in understanding, evaluating, and implementing solutions to improve performance and reduce emissions across their fleet.

Over the past year, the collaboration has advised on over 60 vessels, showcasing the potential to reduce operating costs by 15-30%. These savings are driven by CO2 emission reductions, bunker, and EU ETS savings as well as improved CII ratings.

“Understanding your vessel and embracing technology isn’t just a sustainable choice; it’s a profitable investment in the future of maritime operations, one that promises long-term value,” said Kiran Shet, head of Azolla.

“With a typical investment between $1m and $2m, the payback time is 1-2 years based on bunker and EU ETS savings alone,” added Olof Klintholm, head of energy transition at MB Shipbrokers Advisory Services.

Bojan Lepic

Bojan is an English language professor turned journalist with years of experience covering the energy industry with a focus on the oil, gas, and LNG industries as well as reporting on the rise of the energy transition. Previously, he had written for Navingo media group titles including Offshore Energy Today and LNG World News. Before joining Splash, Bojan worked as an editor for Rigzone online magazine.
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