A new venture has launched, aiming to help shipowners turn decarbonisation strategies into bankable retrofit and conversion projects.

Navigate Shipping Partners (NSP), based in London, describes itself as a “one-stop shop” for vessel upgrades and energy transition projects — combining technical, engineering, and financing expertise under one roof.

Led by sustainability specialist Emrah Durusut, the platform brings together DNV Maritime Advisory, naval architecture practice Brevik Engineering, and one of the most active ship repair yards in Europe, Besiktas Shipyard, alongside financing partners and access to grant programmes.

The aim is to simplify and de-risk complex fleet decarbonisation projects, a key hurdle as shipowners face tightening emissions rules and uncertain newbuild options, the company said.

NSP’s model offers an integrated pathway from concept to delivery, covering advisory, fuel and technology selection, engineering, and shipyard implementation. Projects will also be backed by structured finance and incentives at national and EU level.

“The industry is full of strategic reports, but short on executable projects,” said Durusut, NSP’s founder and executive director, adding: “We are not just advisors — we are an integrated delivery engine that turns regulatory challenges into profitable opportunities. By uniting the best in technical advisory, naval architecture, and execution, we are eliminating fragmentation and delivering proven ROI.”

Durusut, who has spent two decades working on net-zero transition strategies, said NSP aims to bridge the long-standing gap between decarbonisation plans and real-world implementation. The company will initially focus on retrofit and conversion projects for existing tonnage, with ambitions to expand into large-scale fleet transition programmes.