Who is Borealis?
Borealis, headquartered in Vienna, Austria, is a global leader in providing innovative solutions in the fields of polyolefins, base chemicals, and fertilizers. With a strong presence in nearly 120 countries, Borealis is committed to sustainable and responsible business practices.
They are dedicated to advancing technology and redefining industry standards, contributing to the sustainable development of society. Borealis focuses on environmental and social responsibility, continually investing in research and development to drive innovation in the petrochemical and chemical industries.
Their diverse product portfolio, combined with a commitment to sustainability, ensures a significant positive impact on global quality of life. From improving energy efficiency to enhancing food preservation and healthcare safety, Borealis strives to make the world a better place through its innovative solutions and responsible operations.
What is the project about?
The impact of the EU’s Emission Trading System (ETS) on maritime transport necessitates ship charterers to find practical solutions for the cost implications of CO2 emissions, affecting their overall operational expenses. Borealis is confronted with the challenge of efficiently handling these emissions-related costs, ensuring the uninterrupted flow of its extensive logistics and supply chain network.
The objective of this project is to develop an integrated methodology and tool that enables the collection of precise CO2 emissions data from shipowners and facilitates the creation of a simulation tool for optimizing vessel CO2 emissions by implementing actions like speed reduction, alternative routing, and volume allocation. The tool should support the establishment of practical and realistic targets for reducing maritime CO2 emissions.
At the end of the project the project team will have to deliver an interactive dashboard style tool that provides real-time data on the CO2 emissions and uses Borealis' existing CO2 emissions calculator with additional functionalities. Another important aspect is user-friendliness and accessibility for effective follow-up of ship movements
Why join the team?
Joining the AFC team for this project with Borealis offers you a unique opportunity for hands-on experience in developing a methodology and tool for collecting CO2 emissions data from shipowners. The collaboration with a global industry leader like Borealis provides you with exposure to real-world challenges, industry practices, and potential networking opportunities. Contributing to the reduction of maritime CO2 emissions aligns with environmental sustainability goals, allowing you to make a meaningful impact on global challenges. In addition to technical skills, you can enhance soft skills and experience personal and professional growth. We are looking for students with a heart for the environment and interests in logistics!
Join us on this journey!
If you're ready to put your interests in CO2 emissions to practical use and develop a tool for a global leader, this project is tailor-made for you! Get ready to embark on an exciting adventure with Borealis and shape the future of environmental sustainability! Registrations are open from the 12th of Februay, so don’t hesitate to apply!