Schooner Apollonia

To end our inaugural season, we are back in the Hudson Valley, speaking with Sam Merrett, the captain of the Schooner Apollonia and his supercargo, Brad Vogel. 

Sam and his team have successfully transformed a yacht they bought off craigslist into a cargo sailboat that is turning heads in ports throughout New York State. This vessel is completely powered by the wind and has transported all sorts of cargo up and down the Hudson River. 

This is not a project that idolizes shipping vessels of the past but instead aims to inspire others to be a part of a growing movement that is committed to lowering the carbon footprint of the shipping industry. Sam argues that not only does the Schooner Apollonia sustainably move cargo but she also delivers products with a story.

Join us as we discuss this story to learn more about the green maritime transportation of the future and the role sailboats have to play in it.

Marine decarbonization takes on Wall Street

This week we take a step back from our usual focus on wind propulsion to delve into another important aspect of marine decarbonization: financing.

Our guest Harold Malone joins us to talk about a project he co-founded, the Marine Money Decarbonization Index (MMDI).

This index tracks the performance of the equity securities of 50 global companies that are committed to decarbonizing the maritime sector. Malone envisions that the MMDI will raise awareness of the challenges the maritime sector is facing, attracting investment and technological solutions into the industry.

Since you cannot invest directly in an index, Malone has partnered with ETFMG to create the ETFMG Breakwave Sea Decarbonization Tech ETF, which is designed to replicate the returns of the MMDI.

What had started out as a tool for the industry, is now a platform that is providing an opportunity for anyone who wants to participate in maritime decarbonization via the ETF.

Join us to explore an effort that is marking a key transition to a maritime sector that is becoming more accessible to the public.

Carbon Credits for Wind Propulsion?

We receive this week Hauke Kite-Powell, research specialist at Woods Hole Oceanographic Institute and senior analyst at Marsoft Inc,  an independent maritime consultancy providing expert, objective and timely support for investment, chartering and financing decisions.

Industrial projects including solar and wind power issued more than $126 million in carbon credits in 2019. But so far, shipping has not taken advantage of the carbon credits funding opportunities.

Marsoft’s GreenScreen™ is a retrofit evaluation platform, developed in collaboration with the MIT, providing an extremely accurate assessment of the benefits of the retrofit.

GreenScreen™ was recently accepted by the Gold Standard – the preeminent global carbon registry – as the basis for issuing carbon credits for investments that reduce CO2 emissions from ships.

Will carbon credits bridge the gap and bring the missing incentive necessary to boost the adoption of wind assist technologies?

Airseas

We receive on the podcast this week Stephanie Lesage,  the General Counsel & Corporate Secretary of Airseas.  

Airseas, founded in 2016 by Airbus engineers, is developing one of the most promising technologies to harness the wind: the Seawing combines kite-technology with an automated flight control system developed by the aerospace industry. 

The timing could not be better:  the first Seawing is currently being installed on the Airbus vessel that will sail to Mobile, Alabama later this year for the first flight in live conditions. 

Zephyr & Boree

This week we receive Nils Joyeux, the CEO of Zephyr & Boree. A former merchant marine officer, Nils co-founded Zephyr & Boree in 2014 to offer low carbon transport services. 

Nils tells us more about Canopee, the 127 meter hybrid vessel that will carry the Ariane 6 rocket from Europe to French Guyana: it will be operated  end of 2022 by a joint venture Jifmar Offshore Service / Zephyr & Boree.

Nils also details the  hybrid vessels they are working on – Zephyr & Boree is undoubtedly one of the most exciting start ups currently developing in the shipping industry. 

The Mini Lace

This week, we are delighted to propose a fascinating discussion with Maurice Glucksman on the show. Naval architect by training , Maurice tells us more about his early career at the Wind Ship Company and his experience on board the Mini Lace, a tramp bulker that sailed off the East Coast in the early 80s when the oil crisis created a lot of interest in trying to take advantage of wind power to save on fuel. Through the eyes of an investor in 2021, Maurice reflects on the use of direct wind energy  onboard a ship and the associated risks, hurdles and returns on investments. More broadly, we discuss zero emission sailing cargos  and the alterations to the way the global supply chain is currently working. Thank you Maurice for your time on the show.

A slam dunk for the sailing ships

We are delighted to receive this week Dr Sergio Perez, PhD, a professor of marine engineering at the US Merchant Marine Academy. Sergio presents an update of a 1975 MARAD (U.S. Maritime Administration) report which concluded that commercial ships using sail power were not economically viable when compared with engine-powered vessels. The 2021 update concludes the opposite: it is economically smart to use sail at this point as a principal means of propulsion. “A slam dunk for the sailing ships, a no brainer with one thing which needs to be addressed: the height of the masts”  

Neoline

Zero Emission Shipping is around the corner! 

Last week, we presented the shipping route between Central America and North America soon to be offered by Sailcargo Inc  and its flagship Ceiba. 

On this week’s episode, we receive Jean Zanuttini,  CEO of Neoline, shipping start up based  in Nantes, France. 

Renault, Beneteau, Manitou, Hennessy, Michelin, Clarins, Longchamp – the list of Neoline’s  marquee customers onboarding on zero carbon shipping is impressive! 

Since announcing the construction of its first two 136m ro-ro vessel, Neoline has been closely watched by the shipping industry.  

Thank you Jean for telling us more about Neoline: the inspiration behind the project, the design of the Neoliner, the niche market you are addressing, the challenges of  financing such an asset, the operational model to fit your customers’ supply chain and much more!

SailCargo Inc

The SailCargo project has been on our radar since we launched the podcast; we are delighted to receive  Danielle Doggett, the CEO and co-founder of SailCargo Inc, on our 15th episode. 

Danielle, calling us from AstilleroVerde, the jungle shipyard in  Punta Morales, Costa Rica, tells us more about the construction of Ceiba, a cargo vessel designed to carry 250 tons of goods.  

Creating a shipyard from scratch in the jungle, bringing foreign investment in one of the poorest regions of Costa Rica are two of the many challenges overcome by Danielle and her team – an amazing and so inspiring project. 

Thank you Danielle, Lynx and John for making this live!

Vessel Due Diligence

In this week episode, we welcome Kris Fumberger, the head of sustainability and environment at RightShip. 

RightShip is used by charterers, banks, insurances to better understand performances of a vessel. Initially focused on safety,  demande for due diligence on the environmental side has been growing since 2012.  

Kris walks us through the GHG ratings methodology used at RightShip and the tools and analytics provided to  better understand vessel performance and associated risk.