15 June 2020 - 19 June 2020
MARSOFT will be contributing to Celebrating Marine Money Week - Virtually
Arlie Sterling, President of Marsoft, will be participating in a panel discussion on Monday 15th June focusing on how the industry will meet the Getting to Zero challenge.
Timing to be announced.
For 30 years Marsoft has provided decision support for investment, lending, and chartering decisions by marrying MIT mastered rigorous data driven modeling with unique marketplace access and knowledge.
While market cycles continue to be the most significant contributors to profits in shipping, shareholders, lenders, shippers, and consumers are increasingly weighting climate mitigation metrics as key cost and value drivers.
Marsoft in collaboration with the MIT SeaGrant lab has completed a data analysis of cost competitive incremental technical investments a shipowner can make to ensure a vessel already at sea will meet the best in class environmental demands from the IMO, public opinion, Wall Street ESG, and chartering markets.
Marsoft’s rigorous and objective analysis of just a few incremental actions that can be taken at dry dock show that a ship owner can effectively increase the value of their existing fleet, reduce CO2 emissions and reduce the cost of capital. Investments like these will buy time for the industry to develop sustainable fuels for shipping and avoid costly newbuildings that may have a short life.
Marsoft and the MIT team have examined incremental technical investments which taken in whole or in part can enable the vast majority of the existing fleet help the industry bridge to the proven arrival of new fuel technologies, while paying for themselves and helping reduce GHG emissions.
For further information on this event and Marsoft’s services contact one of our offices.