Spanish ferry operator Baleària has signed up to AkzoNobel’s carbon credits program.
The company has enrolled its passenger ferry Martin i Soler into the program, which financially rewards ship owners by enabling them to generate income in the form of carbon credits earned by reducing CO2 emissions.
The program was developed in 2014 in conjunction with the Gold Standard Foundation. It is based on ship owners converting existing vessels from a biocidal antifouling system to a premium, biocide-free advanced hull coating such as Intersleek, part of AkzoNobel’s International line of marine coatings. Intersleek products are proven to reduce fuel consumption, and hence reduce CO2 emissions.
The Martin i Soler was converted from an existing silyl biocidal antifouling to Intersleek 1100SR in November 2013. The vessel’s performance was monitored over the following 12 months and showed a 12 percent improvement in fuel efficiency. These fuel savings — which equate to a reduction of 15 tons of CO2 per day — convinced Baleària to enroll the vessel into the carbon credits program.