An agreement has been reached between Norway’s roro Höegh Autoliners and Nordic Circles that will make both ship recycling and construction practices greener.
The project, valued at NOK 1.3bn, was announced from the Blue Talk stage at Nor-Shipping, together with powerhouse leaders, a pioneering agreement that could revolutionize the handling of decommissioned ships.
The agreement covers up to eight ships from Höegh Autoliners, with the aim to reduce carbon emissions in the construction industry by 100,000 tons of CO₂.
“Without melting, without export, and with up to 97% lower emissions,” the company says. “It secures access to critical and environmentally friendly materials and creates the green jobs of the future. As well as ensuring sustainability from cradle to grave for our vessels,” it adds.
According to the project, old ships will be upcycled in Norway into certified building materials of steel using Norwegian technology, labor, and industry.
The first upcycling of this NOK 1.3bn agreement is scheduled at AF Offshore Decom in Vats, Norway.
Along the Norwegian coast, the maritime industry has developed seven EU-approved shipyards capable of decommissioning and upcycling.
This agreement is therefore considered by the two partners as the first step toward establishing Norwegian upcycling capacity and a new green industry for Norway and Europe.
