Demonstrate value of a low-carbon fuel in offshore support vessel operations

The Challenge:

SPO’s fleet of 75 OSVs is responsible for significant fuel usage annually. The challenge is to demonstrate value of a lower-carbon alternative to MGO in offshore support vessel operations to significantly reduce vessels’ carbon footprint while maintaining performance requirements.

We are looking for innovation in areas such as, but not be limited to, methanol, ammonia, hydrogen (H2), biofuel, fuel cells, electric propulsion (and storage), mobile/modular fuel sources, and other fuel types for retrofit or new builds.

The Opportunity:

Swire Pacific’s Sustainable Development (SD) Fund seeks primarily to fund proof of concept pilots of innovative technologies and approaches that, when scaled up more widely within the group’s various operations, have the potential to significantly positively impact environmental performance of operating companies within Swire Pacific’s portfolio.

The innovator chosen for a pilot project aimed at solving the challenge presented here, will be awarded full funding for that pilot. If results are successful, this partner may have the opportunity to scale their solution across the operating company’s operations and, where applicable, across Swire’s portfolio of companies in Property, Aviation, Beverages, Marine Services and Trading & Industrial.

The Timeline:

Application Open - 1 May 2020 - (apply below)
Application Close - 5 June 2020
Selection Shortlist - 15 June 2020

- Shortlisted applicants are contacted via email
- Prepare pitch, Q&A, feedback

Finalists Pitch (virtually) - 25 June - 3 July 2020

- Contact us with questions

To find out more about the challenges download Swire Challenges Overview and Low Carbon Fuel Challenge.

Interested in applying?

If you do not already have an i3 profile CLICK HERE to begin the application process.
If you have an i3 profile, sign in and click apply now below.

If you have any questions, please contact [email protected]

Start Date: 05/01/2020