SUSTAINABILITY

PPG SIGMAGLIDE 1290 Helps Enterprises Shipping & Trading Reduce Carbon Emissions

Enterprises Shipping & Trading SA has selected PPG SIGMAGLIDE® 1290 fouling release coating to improve energy efficiency and reduce carbon emissions of its fleet.

PPG announced that Enterprises Shipping & Trading SA (EST) has selected PPG SIGMAGLIDE®1 1290 biocide-free silicone fouling release coating to improve the energy efficiency and reduce the carbon emissions of its fleet. EST aims to improve its environmental performance through investments in energy-efficient technologies. The company selected PPG Sigmaglide 1290 coating for its ability to reduce the frictional resistance of the fleet’s hull surfaces, which decreases power demand and related emissions.

1 Sigmaglide is a trademark of PPG Coatings Nederland B.V. PPG performed several studies in cooperation with leading independent marine institutes to measure the power and speed impact on vessels retrofitted with PPG Sigmaglide 1290 fouling release coating. Those tests determined that the coating provides a 20% reduction in power consumed at design level, and up to 35% reduction in carbon dioxide emissions when compared with traditional antifouling coatings. EST vessels that were retrofitted with energy-efficiency technologies are demonstrating a power reduction of more than 20%. PPG Sigmaglide 1290 coating has been a major contributor to this performance.

“EST is a pioneer in energy-efficient operations and is committed to minimizing its environmental impact,” said George Sarris, President, Enterprises Shipping & Trading SA. “Our investment in PPG Sigmaglide 1290 coating is a major contributor to our goals of achieving the maximum efficiency potential of our fleet and not only meeting but exceeding the carbon reduction goals set by the International Maritime Organization (IMO).” IMO’s greenhouse gas (GHG) strategy for the shipping industry calls for a reduction in carbon intensity of 40% by 2030 and 70% by 2050 as compared to 2008, as well as a reduction of total GHG emissions from shipping by at least 50% by 2050 compared to 2008. Silicone coatings are included among IMO’s published list of energy-efficiency technologies that can directly shift the power curve. “PPG Sigmaglide 1290 silicone coating can help shipowners comply with IMO regulations by contributing to a significant speed improvement and increased operational efficiency,” said Ariana Psomas, PPG segment director, newbuilding and drydocking, Protective & Marine Coatings. “The coating’s ultra-smooth surface enables vessel operators to improve their speed and save on power consumption while also resisting even the most difficult fouling conditions.”

About Enterprises Shipping & Trading S.A.

Enterprises Shipping & Trading S.A. was established in 1973 in Greece and today manages a combined fleet of 40 vessels consisting of bulk carriers and tankers. The company has a long heritage of investment in energy-efficiency technologies and designs that can improve vessel efficiency while minimizing carbon emissions and environmental impact. EST has received ISO 50001:2018 certification for its commitment to continuously improving its fleet’s energy efficiency and has assessed, evaluated and validated its system against the ISO 26000 standard on social responsibility.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™2

PPG (NYSE:PPG) works every day to develop and deliver the paints, coatings and specialty materials that its customers have trusted for nearly 140 years. Through dedication and creativity, it solves its customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, the company operates and innovates in more than 75 countries and reported net sales of $16.8 billion in 2021. It serves customers in construction, consumer products, industrial and transportation markets and aftermarkets.

For further information: www.estsa.gr and www.ppg.com

2 “We protect and beautify the world” is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

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