What's Happening?
Jotun, a prominent manufacturer of marine coatings, has announced that vessels coated with its products have avoided an estimated 11.8 million tons of CO2 emissions in 2025. This figure marks an increase from the 11.1 million tons reported the previous
year. The emissions reduction is verified through an independent technical evaluation conducted by DNV, which uses the DNV MASTERv2 emission prediction model combined with AIS data and Jotun-provided data on average speed loss over a five-year drydocking cycle. The assessment follows ISO 19030 principles, measuring average speed loss over the final four years in a five-year drydocking interval. According to Morten Sten Johansen, Global Category Director Hull Performance at Jotun, the avoided emissions correspond to fuel cost savings of approximately $2 billion, comparable to the annual greenhouse gas emissions of about 2.5 million gasoline-powered cars.
Why It's Important?
The reduction in CO2 emissions achieved by Jotun-coated vessels highlights the significant environmental benefits of advanced marine coatings. By improving hull performance and reducing speed loss, these coatings contribute to lower fuel consumption and emissions, offering substantial operational value. The estimated $2 billion in fuel cost savings underscores the economic advantages for shipping companies adopting such technologies. As the maritime industry faces increasing pressure to reduce its carbon footprint, innovations like Jotun's coatings play a crucial role in achieving sustainability goals. The verification by DNV adds credibility to the reported figures, potentially encouraging wider adoption of similar technologies across the industry.
What's Next?
The continued development and application of marine coatings like those offered by Jotun could lead to further reductions in emissions and fuel costs for the shipping industry. As environmental regulations become more stringent, shipping companies may increasingly seek solutions that enhance efficiency and sustainability. Jotun's success may prompt competitors to invest in similar technologies, driving innovation and potentially leading to new industry standards. Additionally, ongoing evaluations and verifications by independent bodies like DNV will be essential in maintaining transparency and trust in reported emissions reductions.
