The offshore wind market is growing rapidly, and new offshore wind projects are being launched more than ever. To keep up with demand, parts for these wind turbines are being produced all over the world. To get all the parts needed to their destination on time, they must be transported on heavy transport vessels (HTVs).

Today, business cases focused on maximizing profits dictate the design of these vessels. Despite the upcoming energy transition, the environmental impact of these vessels is usually neglected. Therefore, there is a need for a method to evaluate the economic and environmental performance of HTVs.

One basis for such a method is Blended Design. This method is able to cope with market uncertainties in the early stages of ship design by expanding knowledge when design freedom is still high by combining market forecasts for offshore wind farms with multiple vessel designs. An uncertainty model then evaluates the financial performance of the vessels in the market, allowing designers to explore the performance on basic main dimensions of an offshore wind installation vessel. The main limitations of this method are that it is not able to optimize on environmental performance and evaluate the financial impact of alternative fuels.

Due to growing concerns about climate change, Ulstein has seen an increase in requests for the use of alternative fuels in ship designs. For this research, methanol, ammonia and liquid hydrogen are being investigated as these alternative fuels are considered future-proof.

The use of alternative fuels in ship design involves some adjustments to the
Blended Design method. Due to the different gravimetric and volumetric densities of these alternative fuels, this has implications for the endurance of the ship design and the amount of cargo the ship can carry. Changing system and installation requirements and varying fuel costs also drastically alter the financial performance of alternative fuels on ship designs.

The proposed methodology accounts for these changes and quantifies alternative fuel emissions by converting them to CO2-equivalent emissions. In this way, other greenhouse gases such as CH4 and N2O are also included in this metric. The environmental performance is then expressed in the EEXI-equivalent: the amount of CO2-e emitted by the ship design per tonmile. The EEXI-e index makes it possible to compare the various alternative fuels in terms of their environmental performance on the same basis.

In this work the EEXI-e method is combined with the original Blended Design method and the method is adapted to include alternative fuels. This makes it possible to evaluate the environmental performance and associated financial impacts of different alternative fuels.

Because financial and environmental performance are now linked, it is possible to examine the impact of different ranges of carbon taxes. The case study results presented in this thesis show that the carbon tax has a large impact on the financial performance of the ship when it is applied. When enforced, the choice of an alternative fuel system becomes more attractive.

The proposed method has provided a guide to ship designers to make better decisions about the main dimensions of a ship at an early stage of ship design. In addition, the method can provide much-needed insight in the selection of alternative fuels by evaluating the financial and environmental performance of alternative fuel systems.