The LNG dual-fuel supertanker Antonis I Angelicoussis has become the first Very Large Crude Carrier (VLCC) to receive certification for its environmental performance from the Green Award Foundation. The Green Award program offers incentives for vessels that surpass industry standards in safety, quality, and environmental impact, with 37 ports providing discounts on port fees for oil tankers. Managed by Maran Tankers Management, the tanker is part of the Greek Angelicoussis Group, which has been involved in the Green Award program for over 27 years. The Antonis I Angelicoussis is the first of four new LNG dual-fuel sister ships built by Samsung Heavy Industries and delivered to Maran Tankers Management.
The certification for the supertanker includes Level 1 labels for carbon dioxide (CO2) and methane (CH4) emissions. The Green Award Foundation is an independent, non-profit organization led by industry representatives that administers a voluntary quality assessment certification system for ships. It also qualifies them for financial and non-financial incentives provided by a global network of 180 incentive providers, including ports and service providers. Over 1,000 ships have received certification from the organization. The Green Award Foundation acknowledges the potential of LNG to reduce emissions compared to traditional heating oil and offers the chance to achieve net-zero emissions through the use of bio- or synthetic LNG.
In 2022, the Green Award introduced special greenhouse gas labels to strengthen its approach to decarbonization and emissions reduction. The organization aims to recognize ships that lead the way in adopting environmentally friendly practices.