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Greek suppliers in energy-saving devices assessment agreement with DNVGreek suppliers in energy-saving devices assessment agreement with DNV

The relaunched ONEX Elefsis Shipyards of Greece being selected by the South Korean government as a new maritime innovation and development center with the emphasis on upgrading and transforming standard vessels into ‘eco-friendly’.

David Glass, Greece Correspondent

August 3, 2023

2 Min Read
Eleni Polychronopoulos
Photo: HEMEXPO

Now Greece’s leading suppliers and exporters of marine equipment have reached an agreement with DNV, for the assessment of energy-saving devices (ESDs) produced by them.

Elefsis will participate in a research and development programme fully funded by the Industrial, Commerce and Energy Ministry of South Korea and aims to improve operating and energy efficiency of oceangoing vessels that will be converted to meet ever demanding international requirements for reducing their carbon footprint. 

In a move to keep in step with the re-opening of Greek yards, the country’s leading suppliers and exporters of marine equipment for the international shipping sector, has reached an agreement with DNV, for the assessment of energy-saving devices (ESDs) produced by HEMEXPO member companies.

DNV is to review a makers list provided by HEMEXPO to identify ESDs that fall in the category of energy saving devices, according to DNV expertise.

DNV will assess which regulatory metrics – i.e., the Carbon Intensity Indicator (CII) and the Energy Efficiency Existing Ship Index (EEXI) – the relevant ESDs affect. The classification society will issue a letter of professional opinion for the HEMEXPO products that fall into the ESD category. This will confirm the product is assessed as an ESD and describe the regulatory metrics it influences.

Related:Elefsis Shipyard gets US funding approved

HEMEXPO President, Eleni Polychronopoulos, said: “Our agreement with DNV is a significant breakthrough as it aligns closely with the need for an international standard on ESDs, and HEMEXPO’s endeavours to encourage the marine equipment industry’s transition towards green solutions. ESDs support ship owners and yards in meeting their environmental sustainability objectives, and this agreement will facilitate the acceptance of impactful technologies within the maritime industry.”

She added that whether selected for retrofit or at the newbuilding stage, ESDs can help shipping companies improve their CII, EEXI and EEDI (Energy Efficiency Design Index) ratings – and as the maritime regulatory landscape evolves, their importance will only grow.

Chara Georgopoulou, head of the Maritime R&D and Advisory manager for DNV Greece, said: “ESDs, alongside new fuels and digitalisation, can significantly contribute to achieving those goals. ESDs can be instrumental in helping to reduce fuel use, cut greenhouse gas emissions and fully contribute towards compliance. For wider adoption however, the industry needs confidence in the technology. By working together to review HEMEXPO member products, DNV is proud to help build this confidence and ensure the shipping industry can use ESDs to meet its decarbonisation goals.”

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About the Author

David Glass

Greece Correspondent

An Australian with over 40 years experience as a journalist and foreign correspondent specialising in political and economic issues, David has lived in Greece for over 30 years and was editor of English language publications for Greek daily newspaper Kathimerini in the 1970s before moving into the Akti Miaouli and reporting on Greek and international shipping.

Managing editor of Naftiliaki Greek Shipping Review and Newsfront Greek Shipping Intelligence, David has been Greek editor for Seatrade for over 25 years.

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