Utkilen invests more than 125 million euros in green technology

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Utkilen invests more than 125 million euros in green technology. Earlier this year, the shipping company signed a contract for four new advanced chemical tankers that will be delivered from the beginning of 2024.

We have owners who invest long-term. In a time of great uncertainty in relation to future green technology, we choose to make large investments that will considerably reduce our carbon footprint already in 2022, says Siri-Anne Mjåtvedt, CEO of Utkilen.

In addition to the four new advanced chemical tankers, four of the existing fleet's newest and most modern ships will become even more eco-friendly when they are prepared for LNG fuel during 2022/23.

There is currently a lot of talk about hydrogen and ammonia, but for us, who transport chemicals primarily in Northern Europe, this technology is not ready yet. We choose to focus on accessible, eco- friendly, and flexible technology. Half of our core fleet will be able to use LNG and biogas (LGB) when the newbuildings are delivered, Mjåtvedt continues.

Utkilen is continuously working to reduce the energy consumption of existing ships, as well as building new ships with eco-friendly technology. This allows the costumers to reduce their footprints, which is necessary to achieve a greener future.

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