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Greensee

A sustainability solution to the intermodal shipping industry with tools to calculate, understand and reduce CO2

January 2024

Greensee

A sustainability solution to the intermodal shipping industry with tools to calculate, understand and reduce CO2

  • World Alliance Member
  • Featured Solution
  • Labelled Solution
Label Date January 19, 2024
From France
Maturity stage TRL 9 / CRI 2 - Commercial Trial Small Scale

Greensee is a pioneering sustainability business dedicated to providing precise shipment emissions calculations and energy reduction solutions for the intermodal transportation industry. Using Artificial Intelligence, Greensee transforms booking data into CO2 emissions for each container shipment and provides accurate CO2 emissions and operational insights to help the industry reduce its GHG emissions. The solution relies on patented distance calculations methodologies and can estimate any container shipment in the world, on any transport mode, with very high accuracy (up to 99%).

The Environmental Benefits

  • The 200 million container shipped every year by sea generate close to 500 million tons CO2eq and Greensee can reduce these emissions by 20% by optimizing energy use and operations
  • eFuel needed for the maritime industry is huge (over 300,000 tons of fossil fuel used per year) and limited eFuel production and high cost won't make low carbon fuel available for the industry until 2035 at best (DNV 09/23 report)
  • CO2 taxes (EU ETS) will generate close to $20 billion per year , for Europe alone, in 2026 and most of these taxes will generate surcharges for end users in the range of 100€/shipment
  • AI based shipping operation can reduce CO2 emissions by 100 million tons per year, with no investment, using existing data, yielding immediate RoI for carriers and shippers
  • IMO targets of 30% emission reductions by 2030 will be met when the industry use AI and data analytics to optimize shipping and when shipping lines become daat centric organizations
  • The UNCTAD report found that up to $28 billion would be required annually to decarbonize ships by 2050

The Financial Benefits

  • A 0.5€ service per container trip will save over 100 kg of CO2eq: at current ETS prices, this 100kg CO2eq saved represents over 8€ saved in taxes
  • Energy and emissions efficient shipment also means less cargo waste and end to end shipping visibility. a 10% reduction of cargo waste represents 40 million tons of food saved from shipment waste
  • Carbon capture, efuel retrofit, in the maritime industry are risky and long term solutions which won't meet IMO 2030 targets

Target client profile

Activity Region

  • Headquarters
  • Activity

Company Profile

Bluepulse.ai

Bluepulse processes container IoT data and transforms maritime data into useful information and actionable insight.

Headquarters 75008 Paris, France
Type Startup or self-employed
View company profile Solution website

Networking Partner

EuroQuity

EuroQuity is the web service created by Bpifrance in partnership with KfW to put growth companies in contact with development partners and with investors in particular.

Solutions Associated 31
View partner profile

Sustainable Ocean Alliance

Sustainable Ocean Alliance (SOA) is an international nonprofit organization dedicated to activating young people, developing and implementing innovative solutions, and mobilizing a global movement of ocean allies to restore the health of the ocean.

Solutions Associated 2
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Bluepulse.ai has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.