28.6.2023

Business Finland funds project for climate
neutral shipping

The Faculty of Science and Technology at Åbo Akademi University has received 773,000 euros in funding from Business Finland for the participating in a project with the aim to develop a full electric ship concept. The Future Shipping Electrified (FUSE) project has received a total of 2.4 million euros from Business Finland and the Government of Åland and is expected to have a significant positive impact on the development of climate-neutral solutions in the domestic shipping industry.

The research project focuses on operational and business models for shipping electrification, software life cycle simulations, learning systems and the utilisation of innovative digital twin solutions. For ÅAU’s part, the project is led by Magnus Hellström, Professor of Industrial Management, and Sébastien Lafond, Senior University Lecturer in Information Technology.

Partners in the project are Rauma Marine Constructions, Carinafour, Aalto University, Åbo Akademi University and Viking Line. Viking Line has received support for the project from the Government of Åland. The project also involves the Port of Helsinki, Fortum Spring, DNV, Helen Electricity Network and Wärtsilä. The project is coordinated by PBI Research Institute.

The project, which is part of Business Finland’s Decarbonised Maritime and Ports research programme, has been awarded the European Union’s NextGenerationEU funding through Finland’s Sustainable Growth Programme and will run from 13 April 2023 to 13 April 2025.

For more information, contact:

Magnus Hellström, Professor of Industrial Management
magnus.hellstrom@abo.fi
+358 407 379 980