An agreement between Höegh Autoliners and green industry pioneer Nordic Circles launches a national project that will change the handling of decommissioned ships. Using Norwegian technology, labor, and industry, old ships will
An agreement between Höegh Autoliners and green industry pioneer Nordic Circles launches a national project that will change the handling of decommissioned ships. Using Norwegian technology, labor, and industry, old ships will be upcycled in Norway into certified building materials—without melting, without export, and with up to 97% lower emissions.
Nordic Circles and Höegh Autoliners are announcing the agreement on the Blue Talks stage at Nor-Shipping, in front of maritime leaders from around the world, including high-profile speakers such as John Kerry and Andrew Forrest of Fortescue, underscoring the global significance of the initiative.
The project establishes a circular value chain in which decommissioned ships are repurposed as environmentally friendly building materials in Norway.
The agreement covers up to eight ships from Höegh Autoliners, to complete the first upcycling in 2026. These eight ships alone could reduce carbon emissions in the construction industry by 100,000 tons of CO2.
The agreement is worth USD$128 million (NOK 1.3 billion). The first vessel is scheduled for decommissioning at AF Offshore Decom in Vats.
Globally, the construction industry accounts for 40% of greenhouse gas emissions, with steel being one of the largest contributors.
That’s why the core of the project is simple: Steel
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