News
GTT obtains funding from Bpifrance for the MerVent 2025 project, winner of the "CORIMER 2022" call for expression of interest
2023-02-02
Paris – February 2nd, 2023. As part of the MerVent[1] 2025 project, winner of the "CORIMER 2022[2]" call for expression of interest, GTT has received €4.66 million funding from Bpifrance[3] for the design of an on-board CO2 capture system and for the development of intelligent operational performance solutions.
The objective of the MerVent 2025 project is to design, build and operate, by 2025, the first commercial container ship with hybrid wind-assisted and synthetic fuel propulsion. The consortium includes the ship-owner Zéphyr & Borée, CWS, designer and manufacturer of the wing-sails, the Centrale Nantes University with its research teams specialized in energy optimization, OSE Engineering (a subsidiary of the GTT group) for the design of intelligent operational performance solutions, and GTT for the design of a CO2 capture system on board.
Within the framework of this innovative project, GTT is developing an on-board capture technology solution that will capture at least 30% of the CO2 emissions of the alternative fuel being considered (LNG, methanol, e-GNL and bioGNL), contributing to the objective of reducing CO2 emissions by at least 50% for this type of vessel.
Philippe Berterottière, Chairman and CEO of GTT, said: "This design of a commercial container ship with hybrid wind-assisted propulsion and synthetic fuel is the forerunner of a new generation of carbon-free merchant ships thanks to a highly innovative ship design, a hybrid propulsion and an on-board CO2 capture system adapted to the alternative fuels currently being considered by the shipping industry. We are proud to bring the know-how and experience of the GTT group to the development of a low environmental impact container ship. Our digital intelligence subsidiary, OSE Engineering, will also play an essential role in this project, enabling the operational optimisation of the ship's various propulsion systems.”
Media contact:
press@gtt.fr / +33 (0)1 30 23 48 45
Investor Relations contact:
information-financiere@gtt.fr / + 33 (0)1 30 23 20 87
[1] More information on MerVent2025: https://zephyretboree.com/en/projects/mervent/
[2] The fourth call for expressions of interest from the Conseil d'Orientation de la Recherche et de l'Innovation des Industriels de la Mer
[3] Bpifrance is a French public investment bank
