Stolt Tankers kicks off pilot with Signol, as part of its continuous improvement programme.

London, 4th September 2023, Stolt Tankers has announced its partnership with Signol, launching a pioneering pilot project to further reduce CO2 emissions from its fleet. This initiative introduces behavioural change techniques to improve fuel efficiency offshore and supports Stolt Tankers’ aim to reduce emissions while continuing to protect people and the environment.

Signol uses its data-led approach to engage seafarers and motivate them to reduce fuel consumption. This new initiative helps individuals understand the impact of their actions on overall fuel consumption and CO2 emissions and will initially be introduced to six ships. The partnership also provides tools that the Stolt Tankers management team can use to encourage and highlight their crew’s sustainability efforts.

The Signol pilot project also supports Stolt Tankers’ continuous improvement programme and its sustainability ambition to become a carbon-neutral business by 2050.

The pilot project will run on seven vessel, five of which use continuous monitoring data (IoT-enabled), facilitating a near real-time flow of richer, higher-quality data. During the six-month trial, Stolt Tankers will launch fair, achievable goals linked to three actions carried out on their ships: main and auxiliary engine performance and trim optimisation.

Harriet Johnson, Head of Maritime at Signol says: “Seafarers are frequently making high consequence decisions with multiple priorities to consider. Their role needs to be recognised, and the complexities involved in each of these decisions must not only be respected but also aided in a sustainable and positive manner.”

Signol’s proven track record consistently shows fuel savings exceeding 5% in the maritime sector, delivering a return on investment in the months after launch without requiring additional capital investment. This model aligns with the needs of shipping companies’ fleet performance and fuel managers who are looking for an effective solution that delivers data-driven insights, measurable results, and a good return on investment.

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About Stolt Tankers:

Stolt Tankers operates a fleet of 166 chemical tankers, providing safe, reliable, and high-quality global transportation services for bulk liquid chemicals, edible oils, acids, and clean petroleum products. Its deep-sea fleet is seamlessly integrated with Stolt Tankers’ regional fleets in Europe, Asia and the Caribbean, and inland barging services in Europe and the Gulf Coast of the US.

Stolt Tankers is a division of Stolt-Nielsen Limited (SNL), a long-term investor and manager of businesses focused on opportunities in logistics, distribution, and aquaculture. The Stolt-Nielsen portfolio consists of its three global bulk liquid and chemicals logistics businesses – Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers – Stolt Sea Farm and various investments. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI).

www.stolttankers.com

About Signol:

Signol, a London-based behavioural change service, engages captains and crew with personalised performance feedback to motivate decision-making that reduces fuel consumption and CO2 emissions. Signol achieves this by deploying cutting-edge data and behavioural science techniques through a scalable communications platform.

By the end of 2022, Signol saved aviation and shipping customers $16 million in fuel costs and 60,000 mt of CO2 emissions. Signol proved the potential impact of the behavioural intervention in shipping by completing landmark trials with customers, including Bernhard Schulte Shipmanagement, saving millions of dollars in fuel costs and thousands of metric tonnes of CO2.

www.signol.io