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UECC has secured “Green Financing”

    UECC has secured “Green Financing” in relation to the Company’s investment in new generation pure car and truck carriers (PCTC) with Battery Hybrid LNG Solution taking the company beyond IMO’s target of 40 percent carbon reduction by 2030 .

    Battery Hybrid LNG = 25% cut in CO2 emissions

    The vessels will have a length overall of 169 meters, a width of 28 meters and a car carrying capacity of 3 600 units on 10 cargo decks, of which 2 decks are hoistable. This will make the vessels extremely flexible enabling them to accommodate a multitude of high & heavy and break-bulk mafi cargoes, which are cargo segments, in addition to the cars, that UECC has built a significant portfolio of over the years. The vessels will have a quarter ramp of 160 metric tons safe working load and a side ramp of 20 metric tons safe working load and can accommodate cargo units up to 5.2 meters high.

    The environment is at the top of UECC’s agenda
    UECC’s CEO, Glenn Edvardsen

    To ensure a significant reduction in the environmental footprint, UECC, Jiangnan Shipyard and leading ship Designer Shanghai Merchant Ship Design & Research Institute (SDARI) will build the PCTCs according to some of the most innovative and the latest energy efficiency criteria. The vessels will meet the Tier 3 IMO NOx emission limitations coming into force the Baltic and the North Sea from 2021. In respect of the 2021 CO2 reduction regulations, the vessels will also be equipped with dual- fuel LNG engines for main propulsion and auxiliaries.

    UECC’s Head of Ship Management, Jan Thore Foss, added “UECC’s experience with LNG PCTCs has been very good and there was really no other alternative for us” and added “ the LNG solution will reduce the CO2 emission by about 25 percent”.

    To make the vessels even more environmentally friendly and to cut CO2 emissions further, the vessels will also be equipped with battery packages. “We are investing in the future,” underlines Edvardsen” and added “Our solution will take us beyond IMO’s target for a 40 percent reduction in carbon intensity by 2030”.

    Also read: World´s largest plug-in hybrid ship delivered from Ulstein Verft to Color Line

    As more bio fuels are set to become commercially available in the future, UECC aims to also use carbon neutral and synthetic fuels as part of our future fuel mix. “In our strategy we take a long-term view,” said Edvardsen, “and that’s why we go for a battery hybrid LNG fuel solution on our newbuildings”.

    UECC Press release
    (Artistic impression)

    UECC’s CEO, Glenn Edvardsen, concluded with the following statement: “UECC has again taken leadership, and responded to future environmental regulations and market demands, with technological innovation, quality and sustainability and we will continue to do so. Furthermore, we will exceed current and future environmental regulations”.

    For any further information, please contact:

    Mr. Bjørn Svenningsen, Director of Sales & Marketing, Oslo. Telephone: +47 90160455/E-mail:
    Source: UECC press release 27th of November 2019