Renewable marine fuel with a reduced carbon footprint will be supplied by Seaspan, a newly-established collaborator in the climate movement.
Seaspan Energy, a subsidiary of Seaspan Corporation, and Anew Climate have announced a strategic partnership to supply renewable liquefied natural gas (R-LNG) to ship owners on the North American West Coast [1][2][4]. This collaboration aims to provide a low-carbon marine bunkering option that aligns with international sustainability standards.
Key aspects of the agreement include:
- R-LNG Supply and Certification: Anew Climate will supply R-LNG certified under the International Sustainability and Carbon Certification (ISCC) standard, ensuring compliance with global frameworks such as the International Maritime Organization’s (IMO) Net Zero Emissions Framework and the European Union’s FuelEU Maritime Regulation. Anew will also provide pre-audit services to help Seaspan obtain and maintain ISCC certification [1][2].
- Integration into Existing Marine Infrastructure: Seaspan will integrate this R-LNG into its established ship-to-ship marine bunkering services, expanding its portfolio to offer a certified, lower-carbon fuel alternative along the West Coast [1][2].
- Joint Development and Market Growth: Both companies will collaborate to identify further commercial opportunities to expand renewable LNG adoption, positioning this as a scalable solution aligned with evolving maritime emissions regulations [1][4].
Anew Climate, founded in 2001 and majority-owned by TPG’s impact investing platform TPG Rise, is a Texas-based company that specializes in technological and nature-based solutions, as well as marketing of environmental credits for low carbon fuel, carbon, renewable energy, and emissions markets [3]. Renewable natural gas (RNG), also known as biomethane, is produced from organic waste and is chemically identical to fossil-based natural gas [3].
The partnership builds on Anew Climate’s pioneering bioLNG bunkering efforts in the U.S. from 2021 and represents a market-first initiative to scale ISCC-certified renewable LNG delivery within the region [1][2][3][4]. Harly Penner, President of Seaspan Energy, has made a statement regarding the initiative, expressing Seaspan's commitment to providing cleaner energy solutions to the maritime industry and demonstrating their dedication to innovation and environmental leadership [1].
According to Andy Brosnan, President of Anew Climate Low Carbon Fuels, the partnership between Anew Climate and Seaspan brings together two innovators committed to advancing sustainable solutions in the maritime industry [2]. The fuel offered through this partnership will meet standards under the IMO's Net Zero Framework and the EU’s FuelEU Maritime Regulation [1][2].
The agreement between Seaspan and Anew Climate aims to offer a market-leading approach to help shipowners meet evolving emissions requirements and reduce their environmental impact without compromising performance [1][4]. As a leader in the RNG market, Anew Climate will continue to support the decarbonization of sectors like road transport and heavy industry without requiring changes to transmission and distribution infrastructure [2]. This partnership aligns with the emerging IMO guidance aimed at encouraging emissions reductions through the adoption of alternative fuels [1].
In summary, the strategic agreement between Seaspan Energy and Anew Climate uniquely positions both companies to accelerate the adoption of verified renewable LNG as a cleaner marine fuel on the North American West Coast, supporting shipowners’ compliance with emerging environmental standards and advancing sustainable shipping [1][2][4].
[1] Seaspan Energy and Anew Climate Announce Strategic Agreement to Supply Renewable Liquefied Natural Gas (R-LNG) to Ship Owners on the North American West Coast. BusinessWire. (2023, March 15). [2] Seaspan Energy and Anew Climate Partner to Offer Sustainable Fuel Options for Ship Owners. GreenBiz. (2023, March 15). [3] Anew Climate. Anew Climate. (n.d.). [4] Seaspan Energy and Anew Climate to Collaborate on Renewable LNG for the Maritime Industry. Maritime Executive. (2023, March 15).
- This strategic partnership between Seaspan Energy and Anew Climate aims to accelerate the adoption of verified renewable Liquefied Natural Gas (R-LNG) as a cleaner marine fuel, supporting shipowners' compliance with emerging environmental standards.
- Anew Climate, a Texas-based company, specializes in technological and nature-based solutions, as well as marketing of environmental credits for low carbon fuel, carbon, renewable energy, and emissions markets.
- The collaboration between Seaspan and Anew Climate offers a fuel option that meets standards under the IMO's Net Zero Framework and the EU’s FuelEU Maritime Regulation, aligning with international sustainability standards.
- Seaspan Energy plans to integrate this R-LNG into its existing ship-to-ship marine bunkering services, expanding its portfolio to offer a certified, lower-carbon fuel alternative along the West Coast.
- As a leader in the Renewable Natural Gas (RNG) market, Anew Climate will continue to support the decarbonization of sectors like road transport and heavy industry, without requiring changes to transmission and distribution infrastructure.