Revolutionizing Bulk Carriers: The Future of Decarbonization
Everllence, led by Hrishikesh Chatterjee, is at the forefront of transforming the global bulk carrier fleet through advanced dual-fuel engine technologies. As bulk carriers account for over 40% of the world’s maritime fleet, their role in international trade is crucial. However, with increasing environmental regulations, the industry faces the challenge of reducing emissions while maintaining profitability. Everllence’s innovative solutions aim to meet these demands, paving the way for a more sustainable future in maritime transport.
Meeting Emission Standards with Advanced Technology
Bulk carriers are essential for transporting vital commodities like iron ore, coal, and grain across the globe. As the demand for these resources grows, so does the need for environmentally responsible shipping practices. The International Maritime Organization (IMO) has implemented stricter regulations on emissions, compelling bulk carrier operators to seek efficient propulsion systems that minimize their environmental impact. Everllence has responded to this challenge by providing over 8,000 low-speed engines since the early 2000s, designed to operate effectively in sensitive ecological zones.
To comply with stringent limits on nitrogen oxides (NOx), sulfur oxides (SOx), and particulate emissions, bulk carrier owners require high-efficiency engines that consume less fuel. Everllence’s dual-fuel engines are engineered to meet these requirements, offering flexibility for both new builds and retrofits of existing vessels. By 2030, the company anticipates that its technologies will enable customers to reduce carbon dioxide (CO2) emissions by approximately 44 million tons—equivalent to the annual emissions of Denmark. Looking ahead to 2050, Everllence projects a potential reduction of over 500 million tons per year, matching the combined emissions of Denmark, Sweden, Norway, Finland, and the UK.
As demand for greener solutions rises, Everllence is collaborating with shipowners and shipyards to ensure seamless integration of its engines into both new and existing ships. This proactive approach positions Everllence as a leader in the maritime energy transition, with around 25,000 of the 33,000 merchant vessels currently powered by its engines.
Innovative Propulsion Solutions for Bulk Carriers
Everllence’s two-stroke engines provide a range of effective propulsion solutions tailored for various types of merchant vessels, including bulk carriers. One of the standout innovations is the ME-GI (gas injection) engine, which has revolutionised diesel technology. This engine allows vessel owners to choose between fuel oil and methane, depending on market conditions and availability.
Höegh Autoliners orders first-ever ammonia engines for car carriers
The ME-GI engine boasts extremely low methane slip and high fuel efficiency, making it the most environmentally friendly methane-fueled engine available. Its design supports the use of multiple fuel types, including bio-methane and synthetic natural gas, offering a versatile and efficient propulsion solution. Key specifications include an engine speed range of 56 to 167 RPM and an output capacity of 4,350 to 82,440 kW.
Recently, Everllence secured an order for five 6G70ME-GI Mk10.5 dual-fuel engines for the construction of five Newcastlemax bulk carriers for Eastern Pacific Shipping (EPS), a Singapore-based company. These vessels will be chartered to BHP, an Australian mining giant, for transporting iron ore between Western Australia and China over a five-year period. This project exemplifies Everllence’s commitment to advancing sustainable shipping practices while meeting the needs of the global market.
For more insights into the future of maritime transport and the role of innovative technologies, read the full article in the Winter issue of Dry Bulk.