Ursus Maritime Capital provides a complete turnkey solution to ship owners wanting to cut energy costs, carbon emissions, and meet other environmental requirements through investments in ship retrofits. We provide the capital needed for these projects, as well as the technical expertise to install, monitor, and consult on all aspects of ship energy efficiency and emissions.

We engage in two areas of fuel cost control:

  • Installing a mix of fuel efficient technologies that reduce the daily fuel consumption of Globally-trading ships.
  • Retrofit ships to meet ECA emissions requirements via dual-fuel Exhaust Scrubber installations or LNG duel-fuel conversions.
  • Install Ballast Water Treatment Systems on existing and new ships

Ursus Maritime Capital requires no net capital expenditure from our customers, and we offer the ship owner:

  • A portfolio of proven, market leading, energy saving solutions.
  • Negotiations with long-term charterers and operators to maximize possible savings share to the ship owners.
  • Design, testing and installation of all agreed solutions.
  • Follow up with technology providers.
  • Post-installation monitoring and maintenance overview.

Ursus funding is repaid by sharing the bunker fuel savings or increased charter hire achieved by the solutions implemented.  third-party Performance Monitoring companies are used to track the achieved results and trends over time and to ensure continuous results.

Ursus seeks a fair split of the savings between all parties involved in each project, and always considers the effect of the market dynamics, operating conditions, and relationship with charterers, where the ship owner does not directly keep all of the achieved savings.  The payments are structured in a manner where the actual savings are greater than any payment to Ursus.

The financing for the Ballast Water Treatment retrofits is as a simple lease/loan, with the intention of bridging the gap between the lack of traditional bank financing, in order to reduce the short-term impact on cash reserves for these expensive installations.