As part of the collaboration, Carnot and MOL are co-developing a Maritime Auxiliary Power Unit (APU), optimised for the MOL fleet and aligned with their decarbonising strategy. This includes using Carnot’s high-efficiency engine technology to reduce fuel consumption and emissions whilst utilising our fuel-agnostic capabilities to adopt different decarbonised fuels including ammonia, methanol and LNG.
Archie Watts-Farmer, Carnot’s CEO, commented on the new investment deal: “A key part of our strategy is forming partnerships with major end users to accelerate our route to market. In MOL we have, without question, found the perfect partner who aligns with our goals and understands our technology. We look forward to working together to develop a world-leading solution and drive the maritime industry towards decarbonisation”.
MOL Group has placed initiatives to address sustainability issues at the core of its Blue Action 2035 management plan, aiming to achieve sustainable growth that addresses social and environmental issues. Through its investment in Carnot, the group aims not only to reduce greenhouse gas (GHG) emissions and pursue economic efficiency in its operated vessels, but also to contribute to GHG reductions in the shipping industry and other industries that rely on internal combustion engines.