We are delighted to announce that we have won a significant public procurement contract conducted by the Estonian Ministry of Climate. This procurement aims to define the investment needs of Estonian ports as part of the European climate package “Fit for 55“. The contract also involves the development of an operating model for an innovative ship repair center(s) known as retrofit hub. The retrofit hub aims to provide a high-quality ship refitting service in the Baltic Sea region.
Retrofit hub study’s primary objective
The primary objective of this procurement contract is to develop an operating model. The operating model has to support the participation of smaller companies in the retrofit hub. It is important, so it is easier for smaller companies to enter the global ship conversion market. Furthermore, by establishing a ship conversion center, companies in the Baltic region gain unprecedented access to the global retrofit market. Retrofit hub provides opportunities and serves as a breeding ground for innovative approaches in maritime technology.
„Green transition is challenging but we need to look for possibilities for how to gain also economic growth from it,“ said Jaak Viilipus, Head of the Maritime Department in the Ministry of Climate. „Different global analyses show that the demand for retrofitting will rise quickly and currently Estonian companies are already engaged in marine greetech and retrofit activities all over the world. The planned study will support us in our policy-making decisions.“
Study focus
One of the key aspects of the study is to identify potential new locations for ship repair and construction facilities. In addition, one task of the study is to evaluate dry- and wet docking capacity. Ensuring the availability of modern repair and conversion facilities to support the national and global green transition needs. The current global capacity will not be sufficient to meet the demand that the green transition brings. Lastly, the study will explore the potential of Estonian shipyards, service providers, and ports to adopt green technologies and implement ship retrofits. The absence of such measures could significantly impact the country’s ability to achieve its emissions reduction targets.
“We are honored to have been awarded this prestigious public procurement contract,” said Edgar Peganov, CEO of Workboats Consulting. “Our team is excited to embrace this opportunity to shape the future of Estonian shipbuilding and contribute to the sustainable development of the maritime industry. Through our expertise and innovative thinking, we aim to create a blueprint that facilitates the growth of companies in the maritime sector. Retrofit hub strengthens the nation’s shipbuilding capabilities, and actively supports the reduction of emissions from the shipping sector.”
“We have solidified our reputation as a reliable partner in the maritime sector, providing consultancy services to numerous clients globally. With our industry knowledge and international experience, Workboats Consulting is the right partner to undertake this project,” added Peganov.
This project is scheduled for completion in just five months, with a tight timeframe to achieve all our objectives. Stay tuned about our progress and accomplishments by following us on Facebook and LinkedIn!
The study has been presented to the Ministry of Climate of Estonia, explore the study’s findings and suggested actions.