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Grimaldi Group Awarded Industry’s Largest Ever Number of Carbon Credits

Grimaldi Group has been awarded with a total of 109,617 carbon credits through the International, AkzoNobel’s marine coatings business, carbon credits initiative.

This represents the largest number of carbon credits to be issued to a ship owner to-date.

Fourteen Grimaldi Group vessels including RORO, PCTC, cruise and ro/pax ferries were validated and verified under the carbon credits program. Each of the fourteen vessels were converted from a biocidal coating to International’s non-biocidal Intersleek range of coatings. This range of coatings can reduce fuel consumption and CO2 emissions on average by 9 percent.

Fuel savings achieved translate into carbon credits generated due to the CO2 reduction, each carbon credit representing the avoidance of one ton of CO2 being emitted to the atmosphere.

The awarded credits can either be sold on the carbon markets or they can be used to offset emissions from other parts of an organisation.

International has awarded a total of 126,785 carbon credits to ship owners throughout 2016.

There are more than 50 vessels are enrolled in the carbon credits program following their conversion from biocidal hull coatings to International’s Intersleek technology.

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