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Energy Efficiency

Bank Considers EEDI When Making Ship Finance Decisions

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.

Ship Energy, BWMS, Recycling on MEPC Agenda

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

IMO Marine Environment Protection Committee Meeting Agenda

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 Launches Energy Management Software Tool

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

IMO Signs Global Maritime Energy Efficiency Partnerships Project

Image: International Maritime Organization (IMO)

 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

IMO MEPC Implements Further Energy Efficiency

Photo: IMO

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 L.A Aims to Improve Energy Efficiency

Photo: The Port of Los Angeles

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

SNAME to Host Energy Efficiency Workshop

Jeff Lantz

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

Eitzen Chemical Implement Jotun HPS

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

Almi Tankers Evolve Suezmax Design

Photo: Lloyds Register

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.

d'Amico Launches Two Tankers in Vietnam

Cielo di Ulsan, launched by DIS in Hyundai Vietnam Shipyard (PRNewsFoto/dAmico International)

d'Amico International Shipping S.A. has launched two eco-ships at the shipyards of Hyundai Vinashin Shipyard Co. Ltd – Vietnam, bringing the fleet to more than 50 units. The vessels Cielo di Ulsan, a handysize Ice Class of 39,000 tons and High Trader, a medium range 50

SulNOx, LR Join Forces to Promote SulNOxEco Fuels


  SulNOx Fuel Fusions Plc. (SulNOx), the leading global producer and supplier of fuel emulsion technology, and Lloyd’s Register (LR), a leading technical, business services organisation and maritime classification society, today signed an agreement that will see LR provide verification

BSM to Manage 6 Maersk Line Box Ships

Photo: Maersk Line

Bernhard Schulte Shipmanagement (BSM) announced that it will take over full management of six containerships on behalf of Maersk Line A/S. Presently managed in-house by Maersk, the six vessels ranging in size from 2,500 to 11,000 TEU. Over the next five years

IMO Launches Low-carbon Project: GloMEEP

Representatives from IMO, the lead pilot countries and Singapore at the GloMEEP launch (Photo: IMO)

The Global Maritime Energy Efficiency Partnerships Project (GloMEEP), which aims to support increased uptake and implementation of energy-efficiency measures for shipping, was formally launched on Monday, September 28, in Singapore, at the IMO-Singapore Future-Ready Shipping 2015 conference

SCHOTTEL Pumps €45 Million into New Factory

Shrink fitting of shaft and bevel gear; ©SCHOTTEL

SCHOTTEL, a German manufacturer of marine propulsion systems, has invested a total of €45 million to open a new state-of-the-art Rudderpropeller factory, increasing the company’s production capacity by roughly 30 percent.  

Aframax Tanker Designed for Arctic Shipping

Aframax tanker in-ice- Aker Arctic

A modern Aframax-sized tanker concept designed for transporting crude oil and oil product in the Arctic has been developed via collaboration between Deltamarin Ltd. and Aker Arctic Technology Inc.  In creating the new tanker concept, Deltamarin said it drew upon its expertise in affordable

EU Climate Deal Must Address Shipping, Says Greens

Image: University of Delaware

 The groups representing European Parliament's (EP) environment committee are urging European leaders to include international shipping in the global climate deal scheduled to be signed in Paris in December.   The 28 EU member states meet on 18 September to finalise their position for

Evergreen Orders Ten Boxships from Imabari

Photo Evergreen

  Evergreen Group has signed an order with Japanese shipbuilder Imabari for ten 2,800 TEU class B-type vessels yesterday.  These are in addition to the order for ten similar vessels announced last month from CSBC in Taiwan. The latest contract was signed by EMC Chairman Mr

LNGreen: Next-generation LNG Carrier Concept


DNV GL announced the completion of the LNGreen joint industry project, which worked to develop a next-generation LNG carrier. The LNGreen joint industry project brought together DNV GL, GTT, Hyundai Heavy Industries (HHI) and GasLog. The vessel concept is designed to deliver an improved

Hamburg Süd Bolsters its Reefer Fleet

Photo: Hamburg Süd

Press Release - Giving produce exporters a better way to maintain the quality of perishables in transit, Hamburg Süd, one of the top refrigerated container carriers worldwide, recently added 400 refrigerated containers equipped with Carrier Transicold’s XtendFRESH atmosphere control

350 Vessels coated with HEMPAGUARD Product


   Just two years after its launch, leading manufacturer of marine coatings – Hempel – announces that its revolutionary award winning antifouling product HEMPAGUARD has now been applied as a full vessel coating to more than 350 ships.  

LaNaval Likely to Build Two LNG Fueled Ferries


  Shipping company Baleària and Shipyard Construcciones Navales del Norte – LaNaval have reached this week an Agreement - expected to be firm in two months - for the construction of two natural gas propelled ferries around Euro 350 million.

CMA CGM Launches 18,000 TEU Containership

CMA CGM Bougainville (Photo: CMA CGM)

Container shipping firm CMA CGM Group has taken delivery of its newest colossal containership, the 18,000 TEU, 400-meter-long CMA CGM Bougainville.   Now the largest vessel sailing under the French flag, CMA CGM Bougainville is the fourth vessel of the 18,000 TEU series

MN: Corvus Energy

Image: Corvus Energy

The Company: Corvus is a manufacturer of proven, high power Energy Storage Systems (ESS). Its field proven battery systems provide power to hybrid and fully electric marine propulsion systems. Founded in 2009, Corvus provides purpose-engineered ESS solutions for marine

ClassNK Verifies lino Marine Service GHG

Left: ClassNK Executive Vice President Mr. Koichi Fujiwara Right: Iino Marine Service President Hisahiro Oshima (Photo: ClassNK)

Classification society ClassNK has carried out the independent third-party verification of Iino Marine Service’s greenhouse gas (GHG) emissions inventory based on a reasonable level of assurance. ClassNK’s verification was performed according to the requirements specified in ISO 14064

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