Performance Solutions News

NAVTOR opened its 11th office with the arrival of NAVTOR Hellas. The Athens-based operation, situated at the Port of Piraeus, is an evolution of an existing, long-standing partnership with distributor Space Electronics. CEO Tor Svanes says the move demonstrates the importance of this key shipping market to his ambitious maritime technology firm.Space Electronics has represented NAVTOR in the local market for over a decade. Key offerings now include: fleet management and performance platform NavFleet…

Arab Maritime Petroleum Transport Company (AMPTC) has implemented StormGeo's environmental performance management solution across its entire tanker fleet to manage the environmental performance of its fleet and adhere to evolving GHG regulations. AMPTC recently solidified a three-year agreement to use StormGeo’s Environmental Performance module in s-Insight on all tanker vessels at AMPTC’s disposal."At AMPTC, we perform intensive market research on the solutions available before we reach a decision on whom we will partner with.

We’ve had the means for a while, now we have the incentive to crush the data siloes that are holding back voyage optimization.Like kids in the sandpit, owners and charterers are being forced to share, perhaps more than they really want to. The IMO and the EU, for starters, are setting data-driven decarbonization rules, and those in the sandpit are having to respond.Ship managers and data analysis specialists are developing technical solutions to boost transparency with the aim of facilitating shared responsibility on CO2 emissions, but it’s no easy task.

Inmarsat, the mobile satellite communications provider, has extended its Fleet Xpress service agreement with offshore vessel owner Maersk Supply Service. The extension includes fleet-wide IoT-based ship management connectivity on separate, dedicated bandwidths. The extension has also enabled Maersk Supply Service to evaluate new vessel performance tools for selection, available through Inmarsat’s Certified Application Provider (CAP) program.Operating off Europe, the Americas, West Africa…

Berg Propulsion has signed a key supplier and cooperation agreement to provide systems integration capability for Yaskawa Environmental Energy / The Switch permanent magnet (PM) and power electronics products. The cooperation creates a new and combined force offering the robustness and efficiency of propulsion systems where electric motors directly drive the propeller shaft, consolidating Berg’s growing presence in electric propulsion.“This is the latest step in Berg’s strategy to become a fully-fledged electrical propulsion systems integrator,” said Stefan Sedersten, CEO, Berg Propulsion.

Weathernews Inc (WNI) said it has joined forces with Vessel Performance Solutions (VPS) to integrate performance data from ship systems with its weather routing system to help improve voyage planning.The VESPER software platform by VPS records continuous performance data from the hull and propellers, main and auxiliary engines and boilers to determine speed, RPM and fuel consumption estimates that can be accessed within WNI’s Optimum Ship Routing (OSR) service.“This raises the…

Oil tanker company Frontline has appointed Lars H. Barstad as the Chief Executive Officer of Frontline Management AS with effect from September 1, 2021.Barstad currently serves as the Interim Chief Executive Officer of Frontline Management AS, having assumed that position after CEO Robert Hvide Macleod decided to step down, as reported in October 2020.Prior to becoming the interim CEO, Barstad held the role as Frontline’s Commercial Director and has previously worked as a trader with Noble Group Ltd and Glencore Ltd in London, as well as serving as Director of Imarex Pte Ltd in Singapore.Ola Lorentzon, Frontline's Chairman of the Board, says: “The Board is delighted to have appointed Lars H. Barstad, who has demonstrated his abilities serving as Interim CEO.

Tanker shipping company Frontline on Tuesday announced it has acquired six very large crude carrier (VLCC) newbuilds currently under construction at the Hyundai Heavy Industries shipyard in South Korea.The six ECO-type VLCC contracts are being acquired for an aggregate purchase price of $565.8 million, including an estimated $25.7 million in additions and upgrades to the standard specifications, the company said.Lars H. Barstad, interim CEO of Frontline Management AS, said, “This transaction is consistent with our core company goals to increase exposure to the VLCC market without adding to existing vessel supply. It further cements Frontline’s position in respect of owning a modern…

A team led by ABS has been awarded a contract by the European Commission (EC) to explore future directions for the IMO’s Energy Efficiency Design Index (EEDI) for ships.The landmark study will look at ways to improve and accelerate the integration of low-carbon fuels and innovative technologies into the requirements of the index, which was originally created to reduce emissions from ships by promoting design improvements and the adoption of more energy-efficient power systems.The EC…

A Belfast Maritime Consortium led by Artemis Technologies has won a £33 million ($41 million) U.K. government innovation grant to develop zero emissions ferries in Northern Ireland’s capital. With further investment from consortium partners, the total project investment will reach close to £60 million ($74.6 million) over the next four years, creating an initial 125 research and development jobs, and leading to more than 1,000 in the region over the next 10 years.The 13 partner syndicate—which is a mix of established and young companies…

While owners have long recognized the link between clean hulls and lower fuel costs, lack of reliable data has slowed investments in optimizing hull performance. But with improved sensor technologies and data analysis tools, hull performance is getting a second look. Owners seeking to lower fuel costs and comply with pending regulations on emissions and invasive species often look to equipment manufacturers to meet their needs. From new efficient engine designs to alternative fuels, scrubbers to ballast water treatments systems, owners face some expensive decisions.

While owners have long recognized the link between clean hulls and lower fuel costs, lack of reliable data has slowed investments in optimizing hull performance. But with improved sensor technologies and data analysis tools, hull performance is getting a second look. Owners seeking to lower fuel costs and comply with pending regulations on emissions and invasive species often look to equipment manufacturers to meet their needs. From new efficient engine designs to alternative fuels, scrubbers to ballast water treatments systems, owners face some expensive decisions.

Denmark-based GreenSteam, a majority owned company of BP, has acquired BMT’s data collection and performance optimisation subsidiary UK-based firm SMART. The marine efficiency software solutions provider is reputable in leveraging Machine Learning methodologies and next generation fuel saving platforms to stimulate the sustainable development of Shipping and World Sea Trade.The sale of SMART, a data collection and performance optimization software solution, to GreenSteam, follows a strategic business review by BMT to focus on its core Infrastructure, Defense and Security, Commercial Shipping and Environmental divisions and, as well,…

Jotun has signed an agreement with Wallenius Wilhelmsen to provide its Hull Performance Solutions (HPS) anti-fouling coating system across 42 vessels in the leading shipowner’s advanced RoRo fleet.HPS combines premium SeaQuantum X200 antifouling with technical and digital solutions to accurately measure hull performance. The antifouling works to increase vessel efficiency, cut fuel costs and reduce CO2 emissions.By utilizing HPS across its fleet Wallenius Wilhelmsen will have…

Orolia Maritime announces it has signed a multi-year contract with Kongsberg Maritime, a leading global technology corporation specializing in dynamic positioning and integrated bridge solutions (IBS), to provide Netwave NW6000 voyage data recorders (VDR).Thousands of vessels around the world depend on Kongsberg Maritime for safety, operational efficiency and sustainability. Due to significant developments in technology in recent years, the VDR systems previously installed by…

Maersk Tankers, owned by A.P. Moller Holding, uses the methodology Bunker Adjustment to distribute payments to pool partners based on the bunker consumption of their vessels compared to the pool average.The methodology has now been reviewed by Lloyd’s Register, confirming its conformity to recognised industry quality standards, said the product tanker company operating 164 vessels, one of the largest fleets in the product tanker industry.The Bunker Consumption methodology calculates how much fuel each pool vessel consumes in relation to the pool average and allows Maersk Tankers as a pool manager to distribute payments to pool partners accordingly…

The supplier of Machine Learning based vessel performance solutions GreenSteam  announced significant progress towards its stated objective of enabling its clients to achieve doubledigit fuel savings as substantial MARPOL driven fuel price rises, loom large, for the Shipping Industry.A press release from GreenSteam, which is majority owned by BP/Castrol, said that currently, working with over 30 shipping owners, operators and marine organisations across all shipping sectors, globally, GreenSteam’s services are allowing these clients and partners to implement measurable fuel and operational cost savings.These have been identified through…

MAN Energy Solutions has unveiled its new TCT axial turbocharger series specifically optimised for Tier III operation, suitable for both conventional and dual-fuelled, two- and four-stroke engines.The TCT series has been introduced to accompany and – eventually – replace the TCA generation whose design has been continuously updated since its introduction but is now some 15 years old. The event took place at the premises of the local MAN PrimeServ Academy.With TCT turbochargers, MAN Energy Solutions can significantly reduce turbocharger dimensions to meet current market requirements. The company reports that a key focus during the design phase was a reduction in manufacturing and operating costs while maintaining compliance with thermodynamic requirements.Ralph Klaunig…

At SMM 2018 in Hamburg, Alfa Laval will focus on lifetime vessel performance – achieved through equipment, cooperation and services in applications throughout the ship.Over the course of more than 100 years, Alfa Laval has become a full-scope partner to ship owners, ship operators and shipyards. At this year’s SMM, taking place September 4–7, in Hamburg, Germany, the company will showcase a breadth of equipment innovation, but also the depth of understanding and commitment needed to keep customers competitive in a changing industry.

StormGeo and DNV GL signed an agreement to consolidate their fleet performance solutions under the StormGeo name, combining DNV GL’s ECO Insight and Navigator Insight solutions with StormGeo’s FleetDSS and ship reporting solutions. The fleet performance centers, delivery, product development, and sales will be managed by StormGeo. By the numbers this will include a combined fleet of more than 12,000 vessels that will re-ceive a daily service from StormGeo.The agreement is subject to the fulfillment of certain customary closing conditions.

The global provider of marine coatings Jotun and Japanese coating supplier NOF Kansai Paint have signed an agreement to develop their existing alliance. The partners are now looking to emulate the success they’ve achieved in the Marine segment in the Protective Market.Jotun and Kansai Marine Coatings signed an agreement forming the SeaStar Alliance in 2002, at this time, they had already worked together for many years and the alliance was a development inherent in that long co-operation.The partnership has led to the development of antifouling brands such as SeaQuantum, which is now the world leader in antifouling based on Silyl technology.

Seeking to optimize the delivery of its maritime coatings at port, Jotun said it is using DNV GL’s Veracity platform combining external and proprietary data to create an ecosystem where users can safely share data and link it to other quality assured datasets. In this case Jotun is using the Estimated Time of Arrival (ETA) dataset to ensure it has the right amount of product in the right place. “Veracity is making paint digital. Jotun have recognized that even products that seem…

The Norwegian company Seatrans Ship Management has signed up 20 vessels to the DNV GL fleet performance management solution ECO Insight. The contract covers 13 chemical tankers and seven dry-cargo vessels. “We need to have full insight into the performance of our fleet and use this to continually improve our operations. ECO Insight will help us to achieve this,” says Gisle Rong, Managing Director Seatrans Ship Management. “The fact that it is also easy to install and allows us to harmonize operational and technical reporting onboard were also important factors for choosing ECO Insight,” he adds. “We are very pleased to welcome Seatrans Ship Management to the ECO Insight family.