GL: ECO-Ships Are Here To Stay

MarineLink.com
Wednesday, June 05, 2013

At a press conference at Nor-Shipping 2013, classification society Germanischer Lloyd (GL) said that the trend toward building and operating so called ECO-Ships, or highly energy efficient vessels, was irreversible, given the potential cost savings for the maritime industry. The rise of the ECO-Ship has been questioned, with some suggesting that this focus on efficiency would fade if bunker prices fell.

In a presentation held at the press conference Christian von Oldershausen, GL's Chief Commercial Officer, demonstrated how ECO-ships have substantial cost advantages over existing vessels, which has been borne out in a number of container vessel optimization projects undertaken throughout the world by GL. These advantages are found primarily at the concept design stage by targeting a vessel's real operating profile, wider beam and increased capacity. Another major driver lies in design optimization which focuses on hull lines, propulsion, onboard systems and next generation engines.

"Alongside lower yard prices, bunker will be a significant driver for cost savings in new vessels," Mr. von Oldershausen said after analyzing the composition of slot costs, made up of capital, operating, port/canal and bunker costs.

With fully optimized designs, savings are also stable across a whole range of operating speeds. Additionally, the new designs still generate substantial savings even setting aside the capital cost of an existing vessel. This meant that ECO container-ships offer benefits large enough to justify orders beyond that expected from the tonnage balance in the market.

"We believe that ECO-ships are now the norm both today and for the future. With owners seeing the benefits from new tonnage being up to a third more efficient than average existing vessels and customers insisting on better performance, we won't see many ships built that are not designed to minimize their fuel consumption and ecological impact," Mr. von Oldershausen said.

www.gl-group.com
 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

On USCG Anniversary, Gov. McAuliffe Urges Hurricane Preparedness

Gov. Terry McAuliffe encouraged Virginians to get ready for hurricane season and provided an update on the commonwealth’s preparations Friday at a press conference

Optimized Tug-Barge System Designs by Robert Allan

Optimized Tug-Barge System Designs by Robert Allan Ltd. by David R. Connand Robert G. Allan, P.Eng. Some veteran Mississippi pushboats and barges have been

Thordon Bearings Secures AK Ferry Contract

Thordon Bearings has received an order to supply its COMPAC system to two Alaska Ferry newbuilds under construction at the Vigor Industrial shipyard in Ketchikan, Alaska.

Vessels

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

Optimized Tug-Barge System Designs by Robert Allan

Optimized Tug-Barge System Designs by Robert Allan Ltd. by David R. Connand Robert G. Allan, P.Eng. Some veteran Mississippi pushboats and barges have been

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1231 sec (8 req/sec)