Njord

As 2024 draws to a close, we at Njord reflect on an exciting year of innovation, collaboration, and progress in driving maritime energy efficiency through technology, together with our clients and partners. Key Highlights from 2024: ✅ Emission Reductions By the end of this year, we have facilitated reduction opportunities totalling 1,000,000 MT of CO2, strengthening our clients’ decarbonisation efforts. ⚙️ Technology Installations We surpassed 200 installations, delivering tangible results for maritime efficiency. 🌟 Launch of the Njord Score The Njord Score was introduced as a first-of-its-kind benchmarking tool, helping owners and charterers align energy efficiency technologies with financial feasibility. 🧰 Technology Portfolio Growth Our offering now includes 40+ energy efficiency technologies, including innovative pilots of cutting-edge solutions. 🚢 Vessels Enhanced We’ve supported over 500 vessels, assessing, designing, and installing tailored energy efficiency packages. 🌬️ Scaling Wind Installations We led one of the largest Wind Assisted Propulsion projects in the industry, installing 20 sails across 5 vessels. 📈 Ensuring Technology Performance The Njord Performance service now supports multiple fleets, providing live performance assessments across diverse technologies. 🎤 Industry Engagement Our events, from LinkedIn Live sessions to regional gatherings, brought together over 5,000 participants, driving meaningful discussions that inspire industry action. And that’s a wrap 😊  At Njord we remain committed to helping ship owners and charterers accelerate their green transition, ensuring their investments in technologies deliver environmental and commercial success – and we will continue those efforts in 2025 and beyond. Thank you for being part of our journey this year! 

Wind Assisted Propulsion Systems (WAPS) have the potential to transform maritime efficiency, but misconceptions hold many shipowners back. Some common myths include: 🔹 ROI Takes 8-10 years  🔹 WAPS is Too Novel and Unproven  🔹 Savings are Not High Enough  🔹 CAPEX is Too High  🔹 Delivery Times are Too Long  🔹 WAPS is Only Relevant to Install on Few Vessel Types  🔹 WAPS is not Effective on Specific Trade Routes  🔹 It is Too Complicated to Install  🔹 The Technology does not Enhance Vessel Value  🔹 It is Irrelevant when Trading Outside EU At Njord, we’re addressing these myths head-on to help shipowners and charterers make informed decisions. Curious to learn the facts?  Read our full feature to discover how WAPS can deliver efficiency, compliance, and long-term value: https://lnkd.in/d8sKpPin

How does Fuel EU Maritime (FEUM) incentivise the adoption of Wind Assisted Propulsion Systems (WAPS) and what are the best practices when exploring the complementary opportunities between the two? Join us for an engaging discussion with industry experts on how FEUM's regulatory incentives are shaping the business case for WAPS. During our live event, Njord’s experts and invited industry leaders will cover: 🔹 Financial, operational and regulatory benefits of installing WAPS. 🔹 Strategies to maximize FEUM compliance rewards, including examples of achieving a sub-5-year ROI for WAPS. 🔹 Practical insights and real-world examples showcasing how to align WAPS with FEUM regulations. 📅 Register now to gain inspiration, practical advice, and engage with industry leaders.

This December, our Vessel of the Month series highlights how combining traditional solutions with innovative technologies like Wind Assisted Propulsion (WAPS) drives cost-effective and impactful progress in maritime sustainability. This month, we feature a 2015-built tanker constructed at SUNGDONG S.B. & MARINE ENG'G CO., LTD. Through Njord’s Solution Design, the vessel integrates eight energy-saving technologies, including WAPS. The results are significant: a 19.4% reduction in fuel consumption, a CII improvement from C to A, and compliance with EEXI standards. Estimated annual EU ETS savings amount to more than $100,000. With a CAPEX of $3.037M and an ROI of 3.78 years, this project demonstrates the tangible benefits of adopting tailored, energy-efficient solutions to enhance vessel performance. 

Is your fleet ready to harness the potential of wind assisted propulsion systems (WAPS)?    From navigating complex regulations to achieving a sub-5-year ROI, there’s more to consider than meets the eye.     The key lies in combining a clear financial business case with an operational feasibility study. By addressing regulatory incentives and fleet-specific constraints upfront, shipowners can make decisions that deliver both immediate and long-term value. At Njord, we simplify this complexity through a proven approach focused on five crucial factors: 🔹 Regulatory Alignment and Incentives  🔹 Vessel-Specific Feasibility  🔹 Operational and Financial ROI  🔹 Supplier Relationships and Flexibility  🔹 Future-Proofing Your Investment    Discover how Njord simplifies the decision-making process to deliver tailored, high-impact solutions.    Read more here: https://lnkd.in/dkXRNmTS

Investing in wind-assisted propulsion (WAPS) can significantly enhance vessel performance and support regulatory compliance. However, navigating the complex technology and supplier landscape can be challenging. The market offers a variety of WAPS types and quality standards. Without thorough due diligence, shipowners risk adopting technologies that fail to meet expectations. Which technology will truly deliver on its promises? And how do you make the right choice? In addition to providing design and evaluation expertise, we’ve recently visited production sites across Europe and Asia to validate quality and performance firsthand. “Our on-site visits give us insights you can’t get from a spreadsheet. By seeing where and how these technologies are built, we can confidently recommend solutions that align with our client’s operational needs and sustainability goals.” – Jonas Christian Lundqvist, Naval Architect, Njord Our hands-on validation ensures that the solutions you adopt are tailored to the specific needs of your fleet. Think of us as your “boots on the ground.” While some shipowners may rely solely on technical specifications due to time and resource limitations, working with Njord will, amongst other benefits, offer a deeper hands-on assurance through on-site validation. With Njord, you can be confident that your investment will deliver as promised, helping you optimise operations and achieve your sustainability goals. 

At Njord, our Vessel of the Month series showcases sustainable and efficient practices in the maritime industry. This November, we highlight a 2013-built tanker from Njord’s Solution Design portfolio. By integrating ten energy-saving technologies, the vessel reduces fuel consumption and emissions by 9.1%. Its CII rating is set to improve from D to C, with the potential to sustain this improvement under current operational patterns. With an ROI of just 1.39 years, this project underscores the tangible benefits of investing in energy-saving solutions.

Njord to Lead the Largest Deployment of Suction Sails in Shipping to Date We are thrilled to have been chosen as Maersk Tankers partner to scale Wind-Assisted Propulsion Systems (WAPS) in their fleet. It's inspiring to see growing interest from leading maritime companies in adopting this transformative technology - marking a significant step in the industry’s effort to progress sustainable shipping and support the green transition. WAPS is rapidly becoming a scalable, financially viable solution to reduce fuel consumption and emissions, driven by technological advancements and strong regulatory support. With nearly a decade of expertise, Njord offers tailored solutions to help shipowners integrate WAPS and other energy efficiency technologies - whether retrofitting existing vessels or incorporating it into new builds. Read more in our latest announcement! https://lnkd.in/dVpFq7t4

We're thrilled to see Hayfin Capital Management LLP’s, GH Ostria, progressing towards a more sustainable future. Njord is honoured to continue the collaboration with Hayfin/Greenheart and support the dedicated crew of GH Ostria, led by Captain Kostyantyn and Chief Engineer Oleg, as they bring to life energy efficiency initiatives that align with ambitious ESG targets. Njord remains committed to empowering our clients to meet – and exceed – their sustainability goals through technology. We look forward to many more voyages together, championing innovations that drive the industry forward.

At Njord, our Vessel of the Month showcases industry-leading advancements in sustainable, efficient operations. This month, we highlight a 2009 bulk carrier from our Solution Design client portfolio, with a bespoke package of eight energy efficiency technologies. This integration results in an 8.7% reduction in fuel consumption and emissions, contributing to an upgraded CII rating from E to D - an improvement projected to hold steady if operational patterns persist. With an ROI of only 2.6 years, this project underscores the tangible benefits of energy-saving investments.