MT-FAST Fuel-saving Device Installed on 500 Vessels
MT-FAST, a fuel-saving device jointly developed by NYK Group company MTI Co. Ltd. and Tsuneishi Holdings Corporation, has now been installed on over 500 vessels. Operational data has proven the device to be effective in saving fuel.MT-FAST is a multi-blade device that can be attached to a ship’s hull to improve the propeller's propulsion efficiency.A ship moves forward when the engine rotates the propeller, which sucks in the water in front of it and propels that water backwards, creating the force that pushes the vessel forward. However, when converting the rotational power into propulsive power, a swirling flow that reduces propulsion…
Tsuneishi Says Built 45 Ships Last Year
Japan's Tsuneishi Holdings Corporation said that its shipbuilding business output was nearly flat with the construction of 45 ships in the fiscal year ending December 2016. However, ship orders declined markedly due to the impact of last-minute orders before environmental regulations went into effect in 2015. "Our shipping business, affected by the dry bulk market downturn, recorded sales of 26.9 billion yen, a YOY decline of 5.7 billion yen (-17%)," says a company statement. "In response to falling ship prices and ocean freight affected by excess shipping tonnage worldwide, we will promote a strategic product mix and build a structure to accommodate diverse needs.
Drones: Is the Maritime Industry Ready?
Unmanned aerial systems (UAS), or “drones” in common parlance, are not a part of the historical maritime vocabulary. At least not yet. While the term “drones” may conjure images from science fiction, the reality is that companies are designing commercial UAS for the private sector, and they are gradually permeating our daily life. Henry Ford is rumored to have opined on his invention of the automobile that if he had asked people what they wanted, they would have said “faster horses.” In the case of UAS…
Tsuneishi Standardizes on SmartMarineEnterprise Suite
Tsuneishi Holdings Corporation Tsuneishi Shipbuilding Company has standardized on the Intergraph SmartMarine Enterprise suite of 3D engineering design and data management solutions to optimize design efficiency and increase productivity. Tsuneishi Holdings Corporation is a maritime affair enterprise composed of a leading Japan-based shipbuilding group and shipping business. Tsuneishi Shipbuilding Company is continuing to deliver high-quality ships at an economical price to customers around the world. In committing to the entire SmartMarine Enterprise suite, Tsuneishi will now have a comprehensive set of integrated solutions to manage…
ABS Elects Members and Corporate Officers
At the recent Board of Directors and Council meetings of the international classification society ABS, 26 prominent members of the shipping and offshore industries were elected as new members of the society, as well as a new member elected to its technical committee and two corporate officer positions. Mark W. Angela A. Mike J. Dowdy, Vice President of Engineering, Rowan Companies, Inc. Capt. Angeliki N. Frangou, Chairman & CEO, Navios Maritime Holdings, Inc. Aditya Ashok Garware, Vice Chairman & Managing Director, Garware Offshore Services, Ltd. James J. Gaughan, President, James J. Gaughan & Associates Inc. Dr. Ho-Chung Kim, CEO, Daehan Shipbuilding Co., Ltd. Capt. Tae-Jin Kwon, President & CEO, SLS Shipbuilding Co., Ltd. Jong-Ho Lee, President, JINSE Shipbuilding Co., Ltd.
