Norwegian Cruise Line Holdings, which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, announced the successful completion of its nearly $ 200 million multi-year investment in Exhaust Gas Cleaning Systems (“EGCS”) on some ships in its fleet. The announcement comes with the successful commissioning of EGCS on board Norwegian escape and Norwegian getaway.
The new systems aim to improve the environmental footprint of ships by significantly reducing emissions, including SOx and particulates, and improving air quality. Investments in technologies such as EGCS are an integral part of the company’s long-term climate action strategy, and the company is committed to continually exploring new avenues to further reduce its footprint and protect and preserve the environment. environment.
“We are pleased to announce that our ambitious multi-year investment to install exhaust gas cleaning systems on our ships has ended with the successful completion of the modernization of the GCS on the Norwegian escape and Norwegian getaway,“said Frank Del Rio, President and CEO of Norwegian Cruise Line Holdings Ltd.” We took advantage of the travel suspension related to the COVID-19 pandemic to speed up installations on existing ships and complete this project by two years ahead of schedule. About 70% of our operational capacity, or 13 vessels, are now equipped with this innovative environmental technology and all vessels except one are equipped with a hybrid system that can operate in closed or open loop. The EGCS project is just one example of our continued commitment to protect and preserve the environment through our global sustainability program, Sail & Sustain, and we will continue to invest in this essential mission.
“Protecting the environment is vital to our business and we continually research and invest in new cutting-edge technologies and innovations, such as exhaust gas cleaning systems, to reduce our environmental impact,” said Giovanni Canu, Vice President of Special Projects and Operational Support, Norwegian Cruise Line Holdings Ltd. “This incredible achievement began with our first modernization of the EGCS in early 2014 and would not have been possible without the help and support of our world-class team and the many external partners who have come together on this project. . The modernization of each vessel took approximately 280,000 man hours and we would like to thank everyone who made this important environmental achievement a success for Norwegian. “
The Company has completed EGCS installations on 13 Norwegian Cruise Line ships, which represent approximately 70% of operational capacity. Twelve of the systems installed on the Company’s vessels are hybrid systems that can operate in open or closed loop. This allows ships to operate the systems in compliance in large regions of the world. Since the CO2 emission factor for HFO is lower than for MGO, the use of scrubbers is expected to result in a relative decrease in CO2 emissions as the Company increases its consumption of HFO. The Company expects its normalized fuel consumption to now be approximately 50% Heavy Fuel Oil (“HFO”) and 50% MGO in 2022.