As phase one of the year long carbon emissions reduction plan, the company monitored its emissions in order to understand the carbon footprint of its fleet. Star Bulk conducted two full onboard energy audits to assess each vessel’s operational pattern and identify possible energy saving opportunities.
Spyros Capralos, managing director and CEO, Star Bulk, said: “Transparency is very important, not only to generate efficiencies as a company but to also communicate effectively with our key stakeholders, who are increasingly demanding this information.”
He added: “Now that we understand our carbon emission baseline and have an official record of this and the process that we have undergone, we look forward to progressing to the next stage of our carbon emission management programme and generating genuine emissions reduction and further efficiencies, which will benefit our customers, suppliers and the wider environment.”
Throughout the programme, Propeller Boss Cap Fins (PBCF), fuel valves and alpha lubricators were installed to deliver optimum emissions reduction. A monitoring system was also installed to demonstrate net energy delivered on the propeller.
Star Bulk is now in the second ‘Reduction’ phase of the CPPS, monitoring the effectiveness of these measures to receive the Carbon Positive phase two certificate.
