BV Solutions M&O Leads the Charge Towards Sustainable Shipping Finance

In the quest to decarbonize the maritime industry, access to financing for the most eco-efficient ships is paramount.  BV Solutions M&O has been at the forefront of defining and verifying quantitative technical criteria for "green" ships. 

These criteria are designed to ensure that vessels achieve significant reductions in CO2 emissions, and BV Solutions M&O has been partnering with financial institutions to make this vision a reality.

The technical evaluation process comprises two critical activities. Firstly, it estimates CO2 emissions using an energy model based on available data and the forecast operational profile, comparing emissions with a reference vessel. Secondly, it rigorously verifies that the vessels meet the eligibility criteria outlined in the European taxonomy, ensuring compliance with the highest environmental standards.

"Collaborating with BV Solutions M&O has been instrumental in our mission to support environmentally responsible shipping projects. Their technical expertise and commitment to sustainability have enriched our efforts in financing vessels that make a real difference in reducing emissions and advancing the maritime industry toward a greener future." Guillaume Branco - Investment Asset-based, EURAZEO.

BV Solutions and ENGIE announced low-carbon advisory and risk management partnership for the shipping industry in May 2023

Collaboration will offer support to shipowners, operators, and charterers on navigating upcoming GHG Regulatory requirements and in particular carbon markets, including pricing and hedging strategies

BV Solutions is joining forces with ENGIE’s entity Global Energy Management & Sales (GEMS), the energy management arm of ENGIE, to develop a suite of advisory and market access services to help shipping interests to thoroughly understand upcoming regulatory requirements, manage their risk and identify the optimal low-carbon emissions roadmap for their operations.

This partnership aims to provide vessel owners, operators and charterers with the expertise and insight they require in managing their marine fuels and carbon prices exposures in the context of an increasingly differentiated marine fuels market, by fuel type, geographic location, and carbon intensity. This will provide BV Solutions and GEMS’s customers with a low carbon emission transportation roadmap that fits with their commercial and operational requirements and aligns with their risk management needs.

This partnership brings together GEMS’s experience in the analysis and trading of energy products, including emission allowances under the EU Emissions Trading System (ETS), with BV Solutions’ technical advisory and consultancy expertise in the marine and offshore sectors, to offer commercial and risk-management solutions to owners, operators and charterers looking at how to best manage their present and future low-carbon operating models.

By assessing the energy consumption and carbon emissions of an organization’s fleet, trading patterns and routes, in conjunction with access to global energy markets and a wide range of risk management strategies, BVS and GEMS will help developing the optimal solution for commercial exposure and carbon objectives.

This will include support on how to best align an organization’s GHG emissions reduction strategies with the proposal from the European Commission’s ‘Fit for 55’ package regarding the progressive inclusion of emissions from maritime transport in the EU ETS, and the upcoming FuelEU Maritime initiative.

BV Solutions and GEMS will also guide owners, operators and charterers on the evolving regulatory and voluntary landscape for managing carbon emissions from shipping operations, including current and impending regulatory requirements, as well as advice on managing their wider sustainability footprint. This can also include the opportunity for carbon offsetting strategies and products, as part of a wider low-carbon strategy.

BV Solutions M&O is thrilled to continue working with industry and financial leaders. They offer tailored technical support to financiers at various project stages. The synergy between Technical Experts and Financial Experts is pivotal in assessing the potential and risks associated with financing vessels that promise to transform the maritime sector into a more sustainable and eco-conscious industry.