Maritime
The maritime industry is the cornerstone of global trade and commerce, responsible for transporting goods and people by sea. While it plays a crucial role in the global economy, the industry faces significant environmental concerns. This is due to the traditional use of heavy fuel-oil / marine gas-oil in sea vessels, which are associated with high lifecycle GHG emissions.
3%
-80%
1.6 trillion
CO2 contribution from from maritime relative to global emissions
GHG reduction of energy by ships calling at EEA ports by 2050
USD required to decarbonise maritime industry by 2050
Our Focus Areas
Biofuels
PROS:
- Drop-in capabilities: can be used without major changes to existing infrastructure
CONS:
- High costs, limited supply due to competition with aviation sector.
LNG
PROS:
- good global availability
- low sulfur content hence reduced emission levels
CONS:
- Methane slip, which may offset the benefits of using LNG as a fuel compared to fossil fuels.
Green Ammonia
PROS:
- Zero carbon emissions
CONS:
- Lower energy density, infrastructure changes, potential of leaks (toxic to marine life).
Green Methanol
PROS:
- Zero carbon emissions
CONS:
- Low energy density
Market Share Size
In a net zero emissions (NZE) scenario, the market share size of alternative maritime fuels increase significantly by 2030, with ammonia holding the majority share.
Our expertise in the maritime market:
The maritime industry faces numerous challenges in its net zero transition. These challenges span regulatory, technological, economic, and operational domains. etasca is ready to support and assist companies in navigating the future challenges present in the maritime industry.
Commercial Advisory
etasca’s commercial due diligence is underpinned by a deep understanding of the energy and chemicals value chains, regulations and markets.
- Commercial due diligence
- Value creation and strategy
- Independent market reports
- Business model
- Commercial due diligence
- Value creation and strategy
- Independent market reports
- Business model
Technical Advisory
etasca’s technical advisory is led by chartered chemical engineers who have both prior operational experience managing plants as well as advisory experience where they have inspected and benchmarked operations.
- Technical due diligence
- Feasibility studies and technoeconomic reviews
- TRL and scale-up assessments
- Technical valuations
- Technical due diligence
- Feasibility studies and technoeconomic reviews
- TRL and scale-up assessments
- Technical valuations
ESG Advisory
The Environmental, Social and Governance (“ESG”) performance of a business is increasingly recognised as a key determinant of future value.
- Environmental due diligence
- ESG alignment studies
- ESIA reviews and preparations
- Carbon intensity valuations
- Environmental due diligence
- ESG alignment studies
- ESIA reviews and preparations
- Carbon intensity valuations