Green ideas to get funding
Established in 2007, the Orcelle Fund is the philanthropic arm of Wallenius Wilhelmsen Logistics that supports the development of alternative energy initiatives aimed at making shipping more sustainable.
Over the years, Wallenius Wilhelmsen Logistics has established a leadership role within the global transport and logistics industry, thanks to its forward-thinking environmental policy and programmes. During 2007, the company launched its Orcelle Fund, a grant-awarding body that will provide seed capital for high-risk development projects for alternative maritime energy sources and energy-efficient technology.
Vision and mission
The Orcelle Fund seeks to bring innovative ideas for maritime renewable energy sources to the global forefront and to develop the energy-efficient technologies that hold the promise of future commercial viability.History
The Fund builds upon the vision and values of the E/S Orcelle, Wallenius Wilhelmsen Logistics' visionary concept car carrier with a "zero emissions" capability which carries no ballast water on board.Unveiled at the World Expo 2005 in Japan, the E/S Orcelle was designed for the year 2025 using only renewable energy sources, including the sun, wind and waves as well as fuel cell technology, to meet all its propulsion and onboard power requirements.
Applications
Individuals may apply for grants from the Fund. Applications will be accepted beginning in 2008 for funding to support project work during fiscal year 2009. Priority will be given to research and development projects directed at developing alternative energy sources for marine application or improving the energy efficiency of existing sources for commercial vessels. Grants will be awarded by the Fund's board of directors, which consists of representatives from Wallenius Wilhelmsen Logistics and its owners.How to apply for funding