Skip to main content



Thursday, October 7, 2021 

In what is thought to be an industry first, Capital Ship Management (Capital) is to secure ABS notations recognising investment in decarbonisation technologies for its newbuild orders for medium range tankers.

 ABS developed the notations with Capital’s input during their extensive programme of new construction projects. The HVSC-Ready notation is for vessels equipped for High Voltage Shore Connection systems to be installed in the future, and the Wind-Assist Ready notation is for vessels equipped for wind-assist equipment to be installed on board.

The notations, which can be applied to any vessel type, were developed to support industry decarbonisation efforts and recognise sustainability investments.

Vassilios Kroustallis, ABS SVP Global Business Development, said: “It is great to be able to reward Capital’s forward-thinking approach with these notations and we are proud to be able to support them on their decarbonization journey.”

Capital CTO Nikolas Vaporis said: “At Capital, innovation and technological progress are key drivers when we look to order new vessels. We would like to thank ABS for recognising our efforts to challenge established design concepts and hope that in doing so others will join the path towards decarbonisation sooner. The HVSC Ready and Wind-Assist Ready notations will distinguish these state-of-the-art vessels from their peers and hopefully spur even greater innovation going forwards.”

The HVSC-Ready notation was introduced with the update to the ABS Guide for High Voltage Shore Connection, published in July. The Wind-Assist Ready notation was introduced with the update to the ABS Guide for Wind Assisted Propulsion System Installation, published in August.

The Capital Group currently controls 103 vessels including 56 tankers, nine LNGs, 38 containers and four bulk-carriers with a total 7m grt. The fleet includes vessels of Nasdaq-listed Capital Product Partners.

Reader Comments (0)

There are currently no comments on this article. Why not be the first and leave your thoughts below.

Leave Your Comment

Please keep your comment on topic, any inappropriate comments may be removed.

Return to index