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
International Maritime Organization (IMO) the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate US$2.0 million to a two-year global maritime energy efficiency partnership project, which aims to support increased uptake and implementation of energy-efficiency measures for shipping. The so-called GloMEEP project, formally designated “Transforming the Global Maritime Transport Industry towards a
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.
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
Eitzen Chemical A/S has decided to implement Jotun's Hull Performance Solutions (HPS) on two of their largest chemical carriers. The first vessel, Siteam Discoverer, applied SeaQuantum X200 to the hull at the COSCO Dalian Shipyard in China in May, while the next vessel will dock in October later this year. "Through several years of measuring our vessel's performance, we recognize that the correct choice of antifouling is one of the low hanging fruits when it comes to increasing our
The Society of Naval Architects and Marine Engineers (SNAME) will host a workshop on Marine Energy Efficiency for ships, tugs, ferries and OSVs at the Maritime Institute of Technology and Graduate Studies (MITAGS) in Linthicum Heights, Maryland, March 11-12. With a focus on the theoretical and practical aspects of reducing vessel fuel consumption, the two-day workshop will feature technical discussions from a Webb Institute Professor of Ship Design and a representative of the Danish
A complete concept for a series of innovative and cost effective shuttle ferries, featuring zero or low emissions, is being launched by Wärtsilä. The concept has been developed in line with the Norwegian government's new environmental regulations for ferries emphasising the
The Port of Rotterdam reported record volumes 466.4m tonnes in 2015 boosted by increased oil trade. Goods throughput in Rotterdam increased by a total 4.9%. “Low oil prices result in high margins for the refineries, so they have large quantities of oil shipped in for refining
The U.S. Senate on Wednesday began debate on the country's first major energy bill in over eight years, featuring measures aimed at protecting the electric power grid against cyber attacks and speeding the export of liquefied natural gas.
On February 3, United Nations (UN) Secretary-General Ban Ki-moon visited the headquarters of the International Maritime Organization (IMO), the United Nations specialized agency with responsibility for ship safety, maritime security and prevention of pollution from ships.
Kelvion, formerly GEA Batignolles Technologies, was recognize with a 2015 French-German Economy Award, presented in the beginning of December at a ceremony held in the Pavilion Gabriel on the Champs-Élysées to six winners for their French-German collaboration in activities involving
The world’s largest container carrier, Maersk Line is very disappointed that regulation of the shipping industry was left out of the COP21 climate deal. The Danish shipping giant wants to see shipping back in the final draft of the COP21 agreement.
The International Association of Classification Societies (IACS) has created a Cyber Panel to lend support and resources to address what has become a key industry issue. IACS panels represent the top tier of the Association's issue-specific bodies
The International Maritime Organization (IMO) has welcomed the historic achievement of the 2015 Paris Climate Change conference (COP21). The Paris Climate Change Agreement identifies a clear goal of “holding the increase in the global average temperature to well below
Royal Caribbean Cruises teams up with Eniram, cutting fuel costs by millions of dollars and reducing emissions of CO2 by tens of thousands of tons by improving energy efficiency through innovation. Cruise shipping is one of the fastest growing sectors in tourism
On 12 December the world’s leaders agreed on an ambitious plan to address climate change. Statoil welcomes the agreement and is well positioned to play our part in the transition to a low carbon future. “Statoil has called for an effective international climate agreement
The first national workshop under the Global Maritime Energy Efficiency Partnerships GloMEEP), Project, which aims to support increased uptake and implementation of energy-efficiency measures for shipping, has been held in Georgia.
(PRESS RELEASE) ABS signed a Strategic Cooperation Agreement with Marine Design & Research Institute of China (MARIC) to expand collaboration, focusing on operational efficiency and environmental performance in both the offshore and marine sectors
Yidong Terminal has ordered nine additional retrofit hybrid rubber-tired gantry cranes (RTGs) produced by integrator CCCC Shanghai Equipment Engineering (CCCCSEE) for Shanghai Zhenhua Heavy Industry Co. Ltd. (ZPMC), to be installed in Port of Shanghai.
A complete package of training materials on IMO’s energy efficiency requirements is now available to download free of charge from the IMO website. The package, including presentations, posters, exercises and assignments, will be of interest to anyone wanting to understand how to
Network of regional maritime technology cooperation centres to be established through €10 million funding contribution. An ambitious IMO project to establish a global network of Maritime Technology Cooperation Centres (MTCCs) in developing countries is to go ahead thanks to a