Speaking of the decision to choose Jotun HPS, Theodore Mavraidis, Fleet Technical Manager at EURONAV, commented, “Optimizing hull performance delivers clear environmental and business benefits, cutting emissions while enabling reduced fuel use and bunkering costs. This helps us provide the best performance and value for all our stakeholders.

“Jotun’s HPS has been assessed as a very promising choice. Not only because of its coating technology, but also due to the team’s expertise in determining hull performance and providing documented proof of effectiveness. This gives us complete insight into return on investment. We’re looking forward to experiencing the long-term benefits of HPS over the coming months and years.”

Jotun and EURONAV signed the two-vessel contract after meetings at this year’s Posidonia, where Jotun held a special seminar to update the industry on the arrival and implications of ISO 19030, which prescribes practical methods for measuring changes in ship-specific hull and propeller performance.

HPS launched to the market in 2011. Jotun recently released data for the first ever five year dry-docking of a vessel treated with the solution:  Gearbulk’s Penguin Arrow. This showed that, across the 60-month operational period, the vessel recorded a fuel saving of $1.5million, cutting CO₂ emissions by some 12,055 tonnes.