Green Shipping Corridors Simulation Service

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The ABS Green Shipping Corridors Simulation service is designed to be the cornerstone solution for any green shipping corridor, providing the data needed to make design, development, and implementation decisions. Connect with the team today to learn more.

 

 

Over the course of the next decade and beyond, green shipping corridors are expected to act as a catalyst for the global energy transition by providing frameworks for regional and international stakeholders to collaborate on maritime decarbonization goals while aligning with broader regional, national, and international decarbonization initiatives. As with all elements of the global energy transition, the number of stakeholders and the available resources, can prove challenging. Therefore, route selection and key performance indicators must be data-driven decisions, with the goal of large-scale decarbonization and techno-economically feasible implementation.

 

The ABS Green Shipping Corridors Simulation service is designed to be the cornerstone solution for any green shipping corridor, providing the data needed to make design, development, and implementation decisions. With so many stakeholders and variables, a solution is needed that takes into account all variables while also providing both a macro and micro level analysis. From determining the optimal route for a corridor to deciding vessel construction needs for operating within that route, the ABS Green Shipping Corridors Simulation can address all stakeholder needs.

 

Analysis support begins at the pre-feasibility stage and continues throughout the lifecycle of the green shipping corridor. With asset and operations from multiple stakeholders and a wide range of operational, economical, policy, and regulatory issues to consider, simulation and optimization tools are ideal for providing stochastic analysis that takes into account uncertainties that may affect the green shipping corridor’s design.

 

 

 

 

 

Results for each stakeholder in the value chain:

  • Future retrofitting needs
 
  • Timeline for retrofit investments
 
  • Timeline for retirements and commissioning
 
  • Voyage route optimization to select the best route between source and destination
 
  • Fuel sourcing optimization to gain a better understanding if intermediate bunkering is needed
 
  • Total cost of ownership and emissions forecast
  • Forecast of operation cost and end-users’ expense
 
  • Fuel consumption and fuel-mix forecasts
 
  • Possible intermediatory ports for bunkering
 
  • Emissions forecast
 
  • Effect of various policy levers
  • Fuel demand and production cost forecasts
 
  • Timeline for investments and costs
 
  • Potential off takers (port and bunkering locations)
 
  • Potential fuel producing locations
 
  • Evaluation of different financial levers: spot markets, ToP contracts, contract for differences (CfDs), etc.
  • Fuel sourcing locations for a specific port
 
  • Timeline for bunkering infrastructure investments
 
  • Competitive analysis with other intermediatory bunkering ports by evaluating policies and financial instruments
 
  • Evaluation of different financial levers: spot markets, ToP contracts, CfDs, port fees, etc.

 

 

Connect with our team today for a demo of the ABS Green Shipping Corridors Simulation Service.