Navigating the EU ETS

This year, the maritime industry faces transformative regulations with the implementation of the European Union’s Emission Trading System (EU ETS). This initiative represents a pivotal shift in how we address carbon emissions across our operations. At Seatrans Chemical Tankers, we have been proactively preparing for these changes, focusing on transparency, digitalisation, and a commitment to ensure our customers face correct costs related to their emissions.

Understanding the EU ETS: A cap-and-trade system

The EU ETS is built on a “cap and trade” principle, aiming to provide a financial incentive for the reduction of greenhouse gas (GHG) emissions. The ultimate goal is ambitious yet critical: achieving zero emissions by 2050. In 2024, vessels over 5000 GT operating to/from and within the EU/EEA area will need to secure allowances for the CO2 emitted. This regulation has a phase-in period, starting at 40% in 2024 and reaching 100% by 2026.

Our approach

At Seatrans Chemical Tankers, we have extensively prepared for the EU ETS, prioritising environmental responsibility. Our approach to managing the costs of the EU allowance cost is designed to be fair, directly correlating with the cargo shipped.

Our commitment to digitalisation ensures accurate CO2 emissions tracking, reinforcing our dedication to transparency. Utilising precise data enables us to streamline operations, enhance efficiency, and ultimately achieve lower emissions and greater sustainability.

Towards a greener future

Despite its financial implications, we perceive the EU ETS as a valuable catalyst for advancing zero-emission technologies within our industry. Our strategy extends beyond compliance, aiming to spearhead sustainable shipping practices.

Our efforts in preparation, transparency, and commitment to fair pricing set a responsible course in navigating these new regulatory waters. As we voyage towards the 2050 goal of zero emissions, it’s clear that a collaborative effort, innovative solutions, and a steadfast commitment to our planet’s future are essential.

For questions about ETS, please contact EU ETS Compliance Manager for Seatrans Chemical Tankers, Heidi Moldeklev at emissions@seatrans.no

Welcoming Trans Sea and Trans Fjord

Seatrans Chemical Tankers welcomes the new vessels Trans Sea and Trans Fjord to their fleet. With complete integration into SCT’s operations, the vessels are now operating in international waters, catering to our global customer base.

Both vessels have underwent traditional naming ceremonies in Japan, a gesture aimed to bring good fortune for vessel and crew. Shortly after these ceremonies, Trans Sea and Trans Fjord quickly transitioned to operational status, ready to contribute to the international chemical trade industry.

The vessels are 12,500 deadweight advanced stainless steel chemical carriers with 18 segregations, have thermal oil heating systems installed and are fitted to carry propylene oxide. With a flexible cargo tank figuration, these vessels are perfect for the parcel trade between Northern Europe and the Mediterranean.

Aligning with our commitment to the environment and safety, the chemical tankers are built to the highest environmental, fuel-efficiency, and safety standards, complying with IMO NOx Tier 3 and Sox emission requirements and following the Energy Efficiency Design Index (EEDI) Phase 3 compliance level.

Welcome to the fleet!

Seatrans Group has agreed to purchase M/T Oriental Lotus

It is with great pleasure that we welcome the M/T Oriental Lotus to the Seatrans family.
The vessel is well known to us, as it has been on time-charter to Seatrans Chemical Tankers since November 2021.

M/T Oriental Lotus is a 14,281 DWT stainless steel chemical carrier with 20 segregations and N2 generator. She was built at Asakawa Shipbuilding Co. Ltd. in 2010. Seatrans will be taking delivery of the vessel in Europe during May 2023 and the vessel will be renamed M/T Trans Tind. With this addition, Seatrans Chemical Tankers is taking important steps to remain long-term committed to our customers serving the route between Northern Europe and the Mediterranean. The purchase of M/T Oriental Lotus, and our two new builds arriving quarter three and four 2023, will lower our fleet age profile and increase flexibility across the fleet.

The Seatrans Group Sustainability Report 2022

The Seatrans Group has published its Sustainability Report for 2022, disclosing ESG efforts and performance.

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New builds

It is with great pleasure we announce that Seatrans has entered into a long-term time charter agreement with purchase options for two newbuildings from Kitanihon Shipbuilding Co Ltd.

The new vessels are expected to be delivered in first and second half of 2023. The project is the result of almost one year of close cooperation between Japanese investors and Seatrans.

The chemical tankers will be built to the highest environmental, fuel-efficiency, and safety standards
in line with the company’s commitment to operating responsibly. The vessels will be in compliance
with IMO NOx Tier 3 and Sox emission requirements and follow the upcoming Energy Efficiency
Design Index (EEDI) Phase 3 compliance level.

The vessels are 12,500 deadweight advanced stainless steel chemical carriers with 18 segregations,
have thermal oil heating system installed and are fitted to carry propylene oxide. With a flexible
cargo tank figuration, these vessels will be perfect for our parcel trade between Northern Europe
and the Mediterranean.

With these additions, Seatrans Chemical Tankers are taking important steps to renew our fleet and
remain long-term committed to our existing and new customers.

Salmon industry sea freight solution

Sea-Cargo has adjusted the sailing network to offer optimal solutions for the salmon industry with effect from January 2022. Our unique combination of industrial cargo and liner cargo enable us to offer a solution for goods from west coast Norway to UK and the Continent – with the lowest climate footprint ever seen from this area.

Read the full press release here

Stödig wins new contract

17th of December 2021, Stödig Ship Management was awarded the ship management contract of MV TransFighter. The vessel was sold from Sea-Cargo to Meditera Pasific Co, and the contract is an important milestone for Stödig, offering high quality ship management services.

Read full press release here.