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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


d'Amico Fleet to Fit InfoSHIP EGO Monitoring

Green seas: File image

International classification society RINA Services informs it is to fit RINA’s InfoSHIP EGO performance monitoring system to d’Amico Group’s entire fleet. The first units will be installed on two newbuildings under construction in Korea and China, one tanker and one bulk carrier


Rickmers' Fleet Equipped with Bluetracker

Photo courtesy of Interschalt

Long-term efficiency gains for the fleet on account of data capture and analysis on board and onshore. Declaration of intent signed at the SMM.   Rickmers Shipmanagement and Interschalt signed a declaration of intent at the SMM for the installation of Bluetracker


TORM Contracts Albwardy for Diving Services

Propellor polishing (photo by AME)

Danish product tanker carrier TORM A/S and UAE-based Albwardy Marine Engineering (AME), an Albwardy-Damen JV, have signed a Service Level Agreement for diving services in the UAE region. The purpose is to further strengthen their relations and respective commercial reliability


Caterpillar Named to Dow Jones Sustainability Indices

Caterpillar demonstrates how sustainable development benefits our customers, stockholders, people and planet.

   Caterpillar Inc. has been named to the 2014 Dow Jones Sustainability Indices (DJSI), recognizing Caterpillar as a sustainability leader in the Industrial Engineering sector. This marks the 13th year for Caterpillar to be included in the list since DJSI debuted in 1999.


New Bulk Carrier Design Puts Ecoships in the Lotus Position

Artist’s impression of Ecoships’ Eco-Smart Greenlotus 32

Ecoships, the technical shipmanagement arm of Newport Shipping Group, has introduced a next generation bulk carrier design, developed to set the standard in ecologically compatible marine transportation. Inspired by the low friction to water flow and self-cleaning properties of the lotus flower


Van Oord Orders Subsea Rock Installation Vessel

Van Oord orders new SRI vessel for its Offshore division

  Van Oord has ordered a new subsea rock installation vessel. Sinopacific Shipbuilding Group Shanghai will build the vessel at its Ningbo yard in China. The vessel will be delivered in 2016. Subsea rock installation is a proven technique for the protection and stabilisation of offshore


Technip Wins Contract for industrial Gas Complex in Kochi, India

Technip

  Technip was awarded by Air Products a contract to provide project management, as well as engineering, procurement and construction management (EPCM) services for a new industrial gas complex for Bharat Petroleum Corporation Limited – Kochi Refinery (BPCL-KR) located in the state of


Calnetix System Converts Waste Heat into Electric Power

Calnetix Technologies today announced the introduction of a revolutionary new system that produces up to 125 kW of power for the ship’s electric load from heat recovered out of the engine’s jacket water. The Hydrocurrent system was developed by Calnetix in conjunction with


SMM 2014 Promises to be ‘Very Special’

Dr. Martin Stopford: Photo Clarkson Research

"This is a very special SMM," said Bernd Aufderheide, CEO and President, Hamburg Messe und Congress GmbH. The enormous interest shown by exhibitors and visitors alike proves it. He continued: “More than 2,100 exhibitors and over 50,000 visitors are expected


Marorka’s Powerplay

Ole Skatka Jensen

As Ole Skatka Jensen settles into the CEO suite at Marorka, Maritime Reporter & Engineering News catches up with the industry veteran to discuss the future direction of this provider of online shipboard energy management systems. What attracted you to the top spot at Marorka?


RINA Performance Monitors Adopted by d’Amico Fleet

International classification society RINA Services is to fit RINA’s InfoSHIP EGO performance monitoring system to d’Amico Group’s entire fleet. The first units will be installed on two newbuildings under construction in Korea and China, one tanker and one bulk carrier


Wärtsilä Shows Upgraded Tankship Design at SMM

Upgraded SK5054 tanker design: Image Wärtsilä

Wärtsilä says it has launched its new SK 5054 MkII chemical and oil products tanker design at the current SMM conference and exhibition in Hamburg, Germany. The proven Wärtsilä SK 5054 ship design has been used for more than 60 vessels already built and in operation


Eco Marine Power Short-Listed for Ship Efficiency Awards

Impression of Aquarius MRE System on Eco Ship

  Eco Marine Power is pleased to announce that it has been named as a finalist in two categories of the inaugural Ship Efficiency Awards 2014. The Ship Efficiency Awards 2014, hosted by Lloyd's Register and organised by Fathom, will recognise and celebrate the organisations and individuals


Rickmers Shipmanagement Get DNV GL '5-Star' Recognition

Certificate presentation: Photo DNV GL

DNV GL inform that Torsten Schramm, COO Division Germany, Middle East & Asia at DNV GL presented the certificate to Björn Sprotte, Global Head of Maritime Services, Rickmers Shipmanagement, at the at the DNV GL booth during the current SMM 2014.


China Merchant Boosts Efficiency of VLCCs with Jotun HP

Jotun COSCO Marine Coatings (Qingdao) Co Ltd is a part of the Jotun Group one of the global market leaders within marine coatings including antifouling paint

  China Merchant Energy Shipping Co., Ltd (CMES) will upgrade the antifouling solution on their VLCCs New Builds at Dalian Shipbuilding Industry Co., Ltd. (DSIC) and new subsequent contracts to Jotun Hull Performance Solution (HPS) including SeaQuantum X200.






 
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