Refit for the Environment
With limited production capacity and long lead times, refit/rebuild becomes a more attractive alternative to new build for owners who do not want to wait 5+ years for delivery. It will play an increasingly important role, especially for the legacy fleet, where owners, current and future, driven by factors such as future regulations, carbon tax, […]
The Future Of Yachting Is In Our Hands!
Calm once again settles on the beautiful Yacht Club de Monaco after Monaco Oceans Week. For me it was a very useful and informative two days attending the 12th Environmental Symposium, 27th Captains Forum, 3rd Explorer Yachts Awards, and Monaco Smart Yacht Rendezvous. As always, there were some very interesting presentations and inspirational speakers, and […]
Where Are We Headed In 2023?
In 2022 two statements stood out for me that highlight the attitude towards climate change and the future of yachting: But superyachts are clean! CEO of renowned brokerage Adapt or die! CEO of northern european shipyard There is still a large gap between those who believe we can continue with “business as usual” (BAU) […]
Green Superyacht Corridors
According to the Fourth IMO GHG Study 2020 in 2018 superyachts emitted approx. 4.9 Million tons of C02e – note: this does not take account of shore power and use of Automotive Gas Oil (AGO) so could be much higher. Based on the past trend and forecast growth, without significant changes in efficiency, energy consumption […]
Is it possible to “future proof” a superyacht? The reason for this question is that it doesn’t take much to realise that being able to switch a yacht from fossil fuel to green fuels in the future will have a positive impact on use, cost, and asset value. Whilst these concerns, and the transition away […]
What is HVO and How Can It Help CO2 Emissions?
There has been a lot of focus on new technologies and green fuels such as hydrogen and methanol as a means of decarbonising the superyacht industry. While these will offer solutions for new-builds in the future, what about the large fleet of recent builds and legacy vessels, how can they reduce their carbon emissions? These […]
How Will Climate Change Affect The Cost of Superyacht Ownership – Part I
Superyacht ownership will be more expensive in the coming years. This is not only due to inflationary pressures e.g. raw materials, employment, and the cost of finance, but also factors driven by climate change. These will affect: – Operational Costs Build Cost Finance Resale In a series of articles superyacht2030 will consider their impact on […]
Methanol A Promising Solution?
There has been much talk about reducing CO2 emissions from superyachts and apart from incremental changes that may be possible through technology such as hybrid propulsion, batteries, digitalisation and efficient hull design, the uncomfortable truth is it will not be sufficient to reach the goal of zero-carbon yachting. The only way to achieve that goal […]
Hybrid Yachts – More Than Just Hype?
There has been a lot written about ‘Hybrid’ yachts, often with some hype about being eco-friendly, having green credentials, etc., but with very little information of substance to support the claims. Hybrid, in the context of motor yachts, just means there is more than one system capable of providing propulsion and/or electrical power. Apart from […]
Superyacht Carbon Offsetting, Choose Wisely!
Whilst we transition to more efficient superyachts and future green energy solutions, carbon offsetting can today make a difference in reducing CO2 emissions from the fuel used onboard…