Orcelle Fund

The Orcelle Fund supports the development of alternative energy initiatives aimed at making shipping more sustainable. In 2008, the first grant was awarded to a project aimed at making shipping carbon negative.

Marine power systems that actually remove carbon emissions from the atmosphere are a futuristic vision. But if two Swedish engineers succeed with their Carbon Negative Transportation System, it will effectively render ocean transportation carbon negative.

This worthy project may contribute to building full-scale commercial systems that could potentially replace fossil fuel-powered systems and eliminate the carbon emissions that result from their use. A classic example of starting small, but thinking big.

With more stringent emission regulations and higher demand for fuel efficiency, inventing new power systems that drastically reduce CO₂ emission can be a positive step towards more sustainable shipping.

Created in 2007, the Orcelle Fund was established using the award money that Wallenius Wilhelmsen Logistics received as the 2007 recipient of the Thor Heyerdahl International Maritime Environmental Award.