Value Maritime to Decarbonise Two ForestWave General Cargo Vessels

by Admin
Value Maritime Filtree Forestwave

Value Maritime is advancing ForestWave’s sustainability strategy by supplying two 3MW Filtree Exhaust Gas Cleaning Systems (EGCS) and Carbon Capture units for the general cargo vessels FWN Sea and FWN Sun.

Value Maritime (VM) is collaborating with ForestWave, a prominent player in the multipurpose shortsea segment, to retrofit two 10,600 DWT general cargo vessels with VM’s advanced emission-reducing Filtree EGCS system and integrated Carbon Capture unit.

Home Installation

This marks the first contract between Value Maritime and ForestWave. The Filtree system, equipped with carbon capture and storage technology capable of capturing up to 10% of CO2 emissions, will be installed on the FWN Sea and FWN Sun at the Value Maritime quay in Rotterdam, the Netherlands. The plug-and-play Filtree unit, including the carbon capture feature, is based on unique and patented technology. Its compact design sets it apart from other exhaust gas cleaning systems, allowing for easy installation on these types of vessels.

ForestWave has chosen a next-generation 3MW Filtree with a 10% carbon capture rate and the potential to upgrade to a 30% carbon capture rate. The captured CO2 will be stored in a dedicated onboard tank. Installations are scheduled for late 2024, with close collaboration between the two companies ensuring a seamless process.

Shipping It Green

The Filtree system employs innovative technology to filter sulphur, CO2, and 99% of ultra-fine particulate matter from the vessels’ exhaust streams. The CO2 capture and storage system will further contribute to emission reduction efforts. CO2 captured from the vessel’s exhaust will be stored onboard in tanks and can subsequently be used onshore, for instance, in sustainable greenhouse crop cultivation, methanol plants, or stored underground.

Commitment to Sustainability

Caspar van Overklift, Manager ESG at ForestWave, stated “We look forward to integrating the EGCS and Carbon Capture units onboard our ships. We are enthusiastic about the concept of onboard capture and storage and the opportunities it presents, and we anticipate gaining valuable experience as the market for captured CO2 continues to evolve.”

Maarten Lodewijks, Co-Founder of Value Maritime, commented “We extend our thanks to ForestWave for their collaboration. It is an honor for all of us at Value Maritime to partner with a Dutch shortsea shipping leader who shares our vision for sustainability. Green shipping demands immediate action, and ForestWave recognizes the urgency.”

Value Maritime Filtree Carbon Capture
About ForestWave

ForestWave, founded in 2003 and rapidly expanding since 2011, operates primarily in the multi-purpose shortsea segment. The majority of their vessels, ranging in size from 4,000 to 12,500 tons carrying capacity, fly the Dutch flag and are equipped with ice class and cranes. These vessels predominantly operate in European waters and the Atlantic Basin.

ForestWave’s activities include commercial management of 35 vessels, technical and crew management of 24 vessels, and ship ownership. They employ a staff of 48 ashore and approximately 250 seafarers onboard their vessels. Their focus is on delivering excellent service to customers and efficiently operating vessels with well-trained and flexible personnel, exceeding the expectations of charterers and owners. Since 2019, ForestWave has been certified with ISO 9001:2015.

About Value Maritime

Value Maritime aims to significantly reduce the environmental impact of shipping and enhance sustainability within the maritime industry. Since 2017, their technology has empowered shipowners and operators to improve competitiveness through substantial emission reductions and cost savings.

Value Maritime is a rapidly growing, innovative company inherently committed to sustainability, driven by a team dedicated to making a meaningful impact.

Source Value Maritime B.V.