Wallenius Wilhelmsen to Award Grants for Clean Technologies.

WWL opens 2011 application period for Orcelle Grants to support clean-tech entrepreneurs.

02.02.2011– Oslo, Norway
Today, Wallenius Wilhelmsen Logistics (WWL) the global shipping and logistics provider, announced plans to award $100,000 in grants this year to entrepreneurs working on zero-emissions technologies for shipping and port logistics.

WWL has also expanded the eligibility criteria for the Orcelle Grants, to include alternative energy sources and energy-efficient technologies with applications for 1) commercial shipping and 2) terminal operations. This reflects WWL’s own research and development into the E/S Orcelle, a zero emissions concept vessel, and the Castor Green Terminal, a zero-emissions terminal and cargo processing centre.

“A raft of new environmental regulations are coming to shipping and logistics over the next decade,” explains Arild B. Iversen, CEO Wallenius Wilhelmsen Logistics. “By funding the Orcelle Grants, our aim is to stimulate innovation needed to meet these tough new environmental standards.”

Melanie Moore, Vice President of Environment at WWL, observed, “WWL is focused on supporting early-stage innovation with serious prospects for long-term marketability. The Orcelle Grants are a commitment to entrepreneurship, but also the future of WWL and our customers. Our goal is to provide funding that will help us realise our ambition of a zero emissions supply chain, and sooner rather than later.”

The winner of the 2010 Orcelle Grant, Mr. Marcello Segato of Milan-based Seagate Commercial Marine, welcomed the announcement. “WWL’s foresight in investing in next generation technologies is very welcome among the world’s engineer-inventors. Winning an Orcelle grant last year allowed me to invest in a feasibility study for collapsible delta sail technology. As an Orcelle Grant recipient, I was also provided data needed (actual wind/sea conditions collected on real vessels on real routes) to calculate reliable estimations of the savings involved with our technology. We are very excited to complete the development and have the first applications installed on real vessels this year.”

Applications are welcome from across the world from individual inventors, entrepreneurs and technology developers. Successful proposals will be those with the greatest environmental and commercial potential.