The two companies have agreed to initiate a joint pilot project centered on a single Seapan vessel undergoing dry dock, during which it will receive a series of energy‑efficiency upgrades of varying scale. The purpose of the pilot is to establish a structured, data‑driven approach to tracking both costs and benefits arising from these upgrades, enabling the parties to evaluate how benefits can be shared in a transparent and balanced manner.

The pilot will rely on performance data collected from the vessel before and after the dry dock period. VPS will act as the independent third‑party verifier, supporting both parties in the handling, validation, and interpretation of data. Once the upgraded vessel returns to service, its operational performance will be monitored over a defined period, forming the basis for a tabletop exercise in which the two companies jointly assess how the measured benefits can be allocated.

The charterparty addendum will serve as the foundational framework for this cost‑benefit sharing assessment. Through the pilot, the partners aim to test how such an agreement can be practically applied, creating a clearer understanding of how commercial models for energy‑efficiency investments can be adapted to support collaboration and mutually beneficial outcomes.

The Center worked with DP World shipping solutions, MPC Container Ships and VPS to demonstrate how energy‑efficiency upgrades can be supported through a transparent cost‑sharing model. DP World shipping solutions and MPC C jointly invested in several technical improvements on an MPC Container owned, DP World shipping solutions‑chartered vessel and agreed to share both installation costs and any resulting fuel‑saving benefits through an amended Charter Party.

VPS monitored the performance improvements, while all partners contributed insights on how the agreement was structured and implemented. This collaboration aimed to show case and present a cost‑benefit sharing framework that can be applied more broadly across the shipping industry.

This specific pilot highlights and underline the real potential of collaboration and data driven decision‑making, however also show the need for a data driven cost benefit‑tracking model & charter‑party guidance.

TotalEnergies and MMMCZCS collaborating to evaluate the impact of an engine‑optimizer software system currently being tested on one of TotalEnergies’ chartered vessels.

The pilot focused on assessing the fuel‑saving potential of the technology in real operating conditions. By carrying out the study together, the teams gained practical insight into how the Phase I guideline procedures apply to this type of Energy Efficiency Technology (EET).

In addition to documenting the system’s performance, the collaboration also explored how such technologies should be incorporated into a transparent and balanced cost‑benefit sharing framework. The findings provide both parties with a clearer, evidence‑based foundation for evaluating similar EETs going forward.