Carbon trading specialist Vertis Environmental Finance and Azolla Pte Ltd, the decarbonisation vertical of Synergy Marine Group, have agreed an exclusive partnership aimed at helping shipowners align with the European Union Emissions Trading System (EU ETS) and upcoming global decarbonisation regulations.
In a statement sent to Bunkerspot this morning (14 March), the companies said that the alliance will build on Vertis' 25 years of expertise in carbon markets and Synergy Group's network of more than 700 vessels and experience in ship management to provide services for monitoring, analysing, and establishing compliance strategies.
Vertis and Azolla added that they will combine their capabilities in carbon trading and emission analytics via CASPER (Carbon Accounting Software for Periodic Emission Reporting) to ‘provide integrated, high-quality, cost-efficient and tailored maritime decarbonisation services and expertise worldwide’.
Mathavan Subbiah, Synergy’s CEO (Marine Services and Corporate Functions), said: ‘As a global leader in ship management, Synergy Marine Group is delighted to be joining forces with Vertis Environmental Finance. Our partnership harnesses Vertis's market-leading carbon trading prowess together with our technical expertise which creates unique tailor-made decarbonisation strategies to our clients. The partnership projects long-term innovative environmental solutions for enhancing sustainable maritime operations.’
Gauthier Bily, CEO of Vertis Environmental Finance, added: ‘This exclusive trading agreement portends a significant step forward in our collective commitment to offer a one-stop-shop for carbon compliance and extend our leadership in the carbon industry. By combining our strengths and resources, we can empower shipping companies to navigate the complexities of environmental regulations while driving the green transition worldwide.’
