The German KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio, sees EEDI a key indicator of economic advantage. KfW IPEX-Bank, one of the largest ship financing banks in the world, has evaluated together with FutureShip, a subsidiary of Germanischer Lloyd, the energy efficiency of its shipping portfolio based on the Energy Efficiency Design Index (EEDI). The applied valuation approach is based on the standards of the International Maritime Organisation (special organisation of the United Nations) and provides an indicator for the energy efficiency and CO2 emissions of merchant vessels. From 2013 binding EEDI limits will be introduced for newbuildings. However, the energy efficiency of existing vessels also plays an increasingly important role during chartering decisions. Using the EEDI methodology, the energy efficiency of 88% of the ships in the IPEX portfolio could be evaluated. "In this regard our merchant shipping portfolio is on average slightly better than the world fleet," explained Dr Carsten Wiebers, Global Head of Maritime Industries at KfW IPEX-Bank. "The reduction of environmental impacts from maritime shipping is a serious concern for us. The newly developed valuation method gives us the opportunity to take into account the vessel’s energy efficiency during our financing decision and to favour "green" ships over similar ships with poorer energy efficiency.
The IMO's Marine Environment Protection Committee (MEPC) meets for its 65th session from 13 to 17 May 2013, at IMO HQ in London. Items on a busy agenda include the implementation of energy-efficiency regulations and the ballast water management and ship-recycling treaties. Further guidelines on energy-efficiency measures for ships to be considered The MEPC is expected to continue its work on further developing technical and operational measures relating to energy-efficiency measures for
Implementation of energy-efficiency, ballast water management & ship-recycling rules on agenda for IMO Marine Environment Protection Committee. The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) meets for its 64th session from 1 to 5 October 2012, at IMO Headquarters in London. As well as discussing matters relating to the implementation of energy-efficiency, ballast water management and ship-recycling regulations
Tecnitas, the consultancy arm of Bureau Veritas, has launched a powerful new software tool, E2, aimed at optimising energy usage for both individual ships and across fleets. E2 is a user-friendly tool which enables shipowners to maximise the gains in energy efficiency and emission reduction which can be obtained through proper use of IMO’s Ship Energy Efficiency Monitoring Plan (SEEMP). Claude Andreau, head of engineering, Tecnitas, says
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 65th session from May 13-17 2013, at IMO Headquarters in London. The committee made significant progress in its work on further developing energy-efficiency regulations; adopted an MEPC resolution on rromotion of technical cooperation and transfer of technology relating to the improvement of energy efficiency of ships; and gave the go-ahead to carry out an update to the
Port of Los Angeles officials announced the development of its Energy Management Action Plan (E-MAP) initiative designed to improve energy efficiency at America’s busiest container port. Included in the plan will be the nation’s largest port energy assessment. The E-MAP, unveiled during an energy workshop with representatives of the Port, the Los Angeles Department of Water and Power (LADWP), marine terminal operators and others
Almi Sun and Almi Explorer were delivered by Daewoo Shipbuilding and Marine Engineering Shipyard, Geoje Island, Korea and have commenced their operational lives. These ships are a further development of Almi Horizon delivered back in 2011. The latest deliveries have electronically controlled main engines, each turning a slightly larger propeller and they benefit from pre-swirl stators to further enhance energy efficiency.
Germanischer Lloyd (GL) has been accredited by DAkkS (Deutsche Akkreditierungsstelle), the national accreditation body for the Federal Republic of Germany, to provide worldwide certification of energy management systems according to DIN EN ISO 50001:2011. GL is among the first certification organisations worldwide to be able to offer accredited certifications according to ISO 50001. A company's energy efficiency and performance can be sustainably improved by implementing
Energy & Environmental Manager module supports regulatory compliance and operational efficiency. ABS, a leading provider of classification services to the marine and offshore industry, today announced the release of the new Energy & Environmental Manager module within NS5 Enterprise, the industry-leading asset management software suite. This module complements the ABS portfolio of services that help owners and operators meet the environmental and operational demands faced by the
North America is at the forefront of a game-changing transformation in oil and gas production claims International Energy Agency publication. This year’s World Energy Outlook published by IEA finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in
Maersk Line’s newest vessel, the first of the Triple-E series, was named this morning in a ceremony at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. It bears the name of the late Mærsk Mc-Kinney Møller
ABS Nautical Systems expands in Greece with contracts signed by Sun Enterprises Ltd., Quintana Shipping Ltd. and Nautilus Marine Acquisition Corp. All three companies will utilize ABS Nautical Systems’ Energy & Environmental Manager module through the ABS Newbuild Program
Product and chemical tanker specialist Ardmore Shipping has taken delivery of the Ardmore Seaventure from SPP Shipbuilding in Korea and immediately delivered the tanker to Cargill on a 12 month time charter arrangement. The Ardmore Seaventure is a 49
American Commercial Lines (ACL) has been selected to serve as a representative on the Inland Waterways Users Board (IWUB), an advisory board established to monitor the Inland Waterways Trust Fund (Fund) and make recommendations to the Army Corps of Engineers and to Congress on investment
Warning that the world is not on track to limit the global temperature increase to 2°C, the International Energy Agency (IEA) urged governments to swiftly enact four energy policies that would keep climate goals alive without harming economic growth.
ABB to acquire the Coalville, UK-based manufacturer of drives, controls and motors for industrial and marine applications & automotive test rigs. Dynamotive has about 40 employees and is privately owned. ABB says its owners will continue to work for them.
Shipping company Bore Ltd. to install ClassNK-NAPA GREEN ship efficiency software aboard their 13,625 dwt Ro-Ro vessel 'M/V Bore Song'. This announcement follows on from sea trials last year aboard sister ship M/V Bore Sea which proved that NAPA operational software had led to a 5
TOTE, Inc. became the first U.S. company to take home the 'Next Generation Shipping' award at the recent Nor-Shipping 2013 expo. The Nor-Shipping 2013 Awards recognize achievement in three different but very important areas – energy efficiency
As ship owners and operators continue to be pinched by high fuel prices, Alfa Laval says it is raising the bar when it comes to solutions. Drawing on the industry’s broadest portfolio of equipment and knowledge, Alfa Laval is taking a comprehensive approach that promises sweeping advances
A new manual from classification society Germanischer Lloyd (GL), presented at Nor-Shipping 2013 shows how owners can make use of a suite of retrofitting solutions to ensure that existing vessels remain economic. Today's newbuildings now consume up to 20 to 30% less fuel than vessels built only
ABS released the ABS Ship Energy Efficiency Measures Advisory to provide guidance on the wide range of options available to improve vessel efficiency, reduce fuel consumption and lower emissions. The Advisory assists owners, operators and other stakeholders in conducting the techno-economic
Herbert-ABS Software Solutions LLC, a company in naval regulatory, management, salvage and ship design software, announced the release of its latest version of CargoMax Load Management Program for ships. CargoMax, a loading analysis instrument
New bulk ship CSL Tecumseh made its maiden voyage to the Port of Redwood City on Wednesday, May 29. Named after a respected war chief of the Shawnee Indians in the early 1800s, Tecumseh brought 40,000 tons of construction aggregates from the Orca Quarry in British Columbia.
Fathom, the information specialists on maritime eco-efficiency, officially released a fully revised, updated and extended second edition of key industry reference source, Ship Efficiency: The Guide, in response to evolving technology and efficiency solutions on the market.
ABB, a power and automation technology group, ponted out that it has systems onboard three out of the four ships shortlisted for Nor-Shipping’s prestigious Energy Efficiency Award. The Energy Efficiency Award will be presented to the ship considered to have made the greatest contribution