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
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
An International Maritime Organization (IMO) workshop is raising awareness of the Organization’s regulatory regime dealing with improving energy efficiency and the control of GHG emissions from ships. Participants from South African governmental departments and other related bodies are in attendance at the three-day “MARPOL Annex VI and Technology Transfer” workshop, taking place in Durban, South Africa (23-25 August).
Two new Wärtsilä designed Anchor Handling Tug Supply (AHTS) vessels were delivered from the Wuchang Shipbuilding Industry Group yard in China during the second week of September. The ships have been built for China Oilfield Services Ltd (COSL)
Through a presidential proclamation, October has been designated as Energy Action Month to stress the importance of energy for our nation's economic vitality today and for a sustainable future. The Department of Navy's Energy Action Month theme for 2016 is "Power. Presence
Lloyd’s Register (LR) and Shipping in Changing Climates, a $4m multi-university and cross industry research project funded by EPRSC, have today released Low Carbon Pathways 2050 – a new study that details a number of potential pathways for the shipping industry’s transition to a
Many believe that masterless ships may become reality within a very short period of time. Surely, the technology for unmanned ships is coming, yet it remains unknown exactly where, when and to what extent. Now, the Danish Maritime Authority (DMA)
Höegh Autoliners ordered the latest additions to its fleet, the New Horizon vessels, in which the information technology on board is fully integrated and connected with the land organisation via satellite. The information and communications technology is revolutionising shipping
Energy efficiency solution provider WE Tech Solutions said it has received an order to deliver its direct-drive permanent magnet (PM) shaft generator solution to a series of two 17,500 DWT IMO class II chemical tankers, with an option for two more.
PAO Sovcomflot, Asea Brown Boveri Ltd. (ABB) Company and the Admiral Nevelskoy Maritime State University (MSU) have signed an agreement for research, technological and educational partnership. The document provides for the establishment of the Marine Propulsion Simulation Centre at MSU in
ISO 19030 – to be published shortly – defines a set of fully transparent methodologies to measure changes in hull and propeller performance. As a leading coatings manufacturer, Hempel pioneered the performance guarantee based on achieving efficiency savings from maintaining a
As a leading coatings manufacturer, Hempel pioneered the performance guarantee based on achieving efficiency savings from maintaining a fouling-free and smooth hull. Therefore, Hempel warmly welcomes the introduction of this internationally recognised and accepted set of
ABB has launched an updated maritime software analytics platform that brings together the company’s EMMA and OCTOPUS applications into one software suite, under the banner OCTOPUS. Now external information, such as weather or cargo load parameters
Today at the SMM trade fair in Hamburg, DNV GL presented Hyundai Mipo Dockyard (HMD) with an Approval in Principle (AIP) recognizing the technical feasibility of the new Con-Green 2000 vessel design under the new DNV GL rules. The Con-Green 2000 project brought together partners HMD
While the plummet in energy spending should come as little surprise to anyone knowing anything about global maritime and energy markets, the International Energy Agency helped to put the precipitous drop in perspective, reporting that the global energy spend was down 8% in 2015.
International Maritime Organization (IMO) is continuing its work to support developing countries to prevent air pollution and greenhouse gas emissions from ships with a global training exercise held in Batumi, Georgia (12-14 September).
Three new guides that will support States to effectively implement IMO-adopted mandatory energy-efficiency measures for shipping have been rolled out during a training under the Global Environment Facility (GEF)-United Nations Development Program (UNDP)-International Maritime Organization
The Maritime and Port Authority of Singapore (MPA) is calling for nominations for the Singapore International Maritime Awards (IMA) 2017. The biennial IMA recognises individuals and companies for their outstanding contributions to Singapore's development as a premier global