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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 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


ABS Releases Environmental Management Software

ABS NS Logo from Web.jpg

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


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.


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


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


Sovcomflot’s New LNG Carrier Named

Photo: Sovcomflot

A naming ceremony was held on April 9, 2015 in South Korea for SCF Mitre, the fourth vessel in a series of state-of-the-art Atlanticmax-type LNG carriers built for Sovcomflot (SCF Group).   The vessel, as with her sistership SCF Melampus that joined SCF Group’s fleet in January 2015


ABB to Equip Entire AIDA Fleet with SEEMP

ABB EMMA Onboard Tracker - Main View

  ABB will deliver energy monitoring and management system EMMA to German-based cruise operator AIDA’s entire fleet consisting of 10 vessels. The EMMA advisory suite, already installed on six of AIDA’s cruise ships, is a decision-support tool to minimize the overall energy costs


Ships 10% Less Fuel Efficient Than Those Built in 1990

Graph by Seas At Risk

 New ships today are no more efficient than they were over twenty years ago, despite shipping industry claims to the contrary. The efficiency of new ships has deteriorated by 10% on average since 1990.   The study also shows that containerships built 30 years ago already, on average


Shipping is Cutting CO2 Emissions

Image: United Nations News Centre

 London-based shipping advisors Drewry Supply Chain Associates said that shipping liner operators have made significant inroads into cutting CO2 emissions.   In its April Logistics Executive Briefing for Importers and Exporters, Drewry Supply Chain Advisors concludes that “overall


Wärtsilä's Propulsion For First CNG Carrier

Wärtsilä 34DF engine

  The world's first ever carrier vessel for compressed natural gas (CNG) is to be powered by an integrated Wärtsilä propulsion system, chosen for its energy efficiency and environmental sustainability. The vessel is being built at the Jiangsu Hantong shipyard in China ordered by


ABB to Boost Fuel Efficiency of New Bulkers

Pioneer Green Dolphin bulk carrier (Image: ABB)

Pioneer Marine’s newbuilds will feature OCTOPUS-Onboard fuel monitoring system to support the crew’s decision-making.   ABB Group company Amarcon will deliver Ship Energy Efficiency Management Plan (SEEMP)-compliant OCTOPUS-Onboard fuel monitoring systems for 12 Handysize bulk


Propulsion Systems Ordered for Qatar Coastguard Vessels

Image: Rolls-Royce

Rolls-Royce waterjets and MTU diesels to power 17 new patrol boats for the Qatar Coastguard   Rolls-Royce has secured a £15.8 million contract to supply Rolls-Royce MTU high-speed engines and a suite of waterjet propulsion systems for the the Qatar Coastguard’s 17 fast patrol


Maersk Publishes Sustainability Report

Photo: Maersk

Having launched a new sustainability strategy last year, the Maersk Group has published its 2014 sustainability report, covering aspects of the group’s 2014 sustainability performance including human rights, anticorruption, responsible procurement, diversity


Tallink & Meyer Turku to Build LNG Ferry

Meyer Turku is very happy to continue the long and good tradition to build ferries for Tallink

  AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of LNG powered fast ferry for Tallinn-Helsinki route shuttle operations. The dual fuel ship will be about 212 metres in length with a passenger capacity of 2800


ABB to Power Tallink's LNG Ferry

Photo courtesy of Tallnik

ABB has won an order to deliver complete electric power plant, electrical propulsion systems and an energy management solution for Estonia-based Tallink Grupp´s new liquefied natural gas (LNG) powered fast ferry. The large-scale ferry will be built at Meyer Turku shipyard in Finland for


LNG-powered Fjord Line Ferries 'World's Cleanest'

Image Credit: Fjord Line

 Fjord Line's liquefied natural gas (LNG)-powered newbuildings have claimed a new title as the 'world's cleanest ferries'. The Bergensfjord and Stavangerford have won the respective first and second places on the World Ports Climate Environmental Ship Index (ESI)


Belgium's Mega Wind Farm Starts to Take Shape

foundation of a wind turbinenearTabak natie

  Belgium, in the Antwerp port area on the left bank of the Scheldt. In the first phase 15 wind turbines will be erected, enough to supply 35,000 Flemish households with green electricity. The ultimate ambition is to build anything from 40 to 50 turbines


The Switch Receives PM Shaft Generators Order

Photo courtesy of The Switch

The Switch, a supplier of megawatt-class permanent magnet (PM) generator and full-power converter packages for wind power and other renewable energy applications, received another order to deliver two PM shaft generators to WE Tech Solutions of Finland.  


Slow Steaming “can damage containers” - BMT

Courtesy BMT

  Fuel saving measures can have a negative effect on the lashing forces on the containers, according to Maritime London member BMT Surveys. The company's risk & quality manager and marine surveyor, Olivier van der Kruijs, bases this warning on audits on more than 100 container vessels


EPA Award for Pentair

2015 ENERGY STAR Award Winners

  The U.S. Environmental Protection Agency (EPA) has recognized Pentair's Aquatic Systems with a 2015 ENERGY STAR Partner of the Year award for its outstanding contribution to reducing greenhouse gas emissions by manufacturing energy-efficient products and educating consumers about energy






 
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