Green Award-certified ships can benefit from incentives awarded by ports, service providers and suppliers (source: Angelicoussis Group)
21 Sep 2023by Riviera News
Greece-flagged Antonis I Angelicoussis is the first LNG dual-fuel VLCC to join the Green Award programme, whose certification includes the Green Award greenhouse gas labels CO2 (level 1) and CH4
The 330-m, 320,915-dwt tanker is managed by Maran Tankers Management, the oil shipping arm of Greece’s Angelicoussis Group. Angelicoussis Group said it has participated in the Green Award programme for more than 27 years. In recent years, three Maran Tankers-managed oil tankers were certified by Green Award, as well as four LNG tankers operated by sister company Maran Gas Maritime.
The Green Award Foundation believes LNG has to potential to bring immediate emissions reduction as opposed to continued use of conventional heavy fuel oil, with the option to evolve towards net-zero emissions through the use of bio- or synthetic LNG.
In 2022, the Foundation introduced greenhouse gas labels to strengthen Green Award’s approach towards decarbonisation and emissions reduction to recognise ships that take roles as front-runners.
Green Award-certified ships can benefit from incentives awarded by ports, service providers and suppliers. The programme is supported by more than 180 incentive providers worldwide. For oil tankers, 37 ports give discounts on port dues, ranging from 3% to 15%.
Earlier this year, LNG dual-fuel vessel Antonis I Angelicoussis was delivered to Maran Tankers Management, followed by sister ships Maria A Angelicoussis, Maran Danae and Maran Dione in recent months.
All four were built at South Korea’s Samsung Heavy Industries and are part of Maran Tanker’s fleet expansion programme, which also includes eight newbuild LNG dual-fuel Suezmax tankers on order.