ABB's Marine Turbocharging Envisages Stormy 2014 Outlook

MarineLink.com
Monday, December 16, 2013
Image CCL 2

Rising fuel prices, low freight rates and overcapacity point to a challenging year ahead in the marine sector, says Dorit Timmann, head of ABB Turbocharging’s business in Germany, who fleshes out his opinion in the following Q&A:

How would you characterize the current climate in the turbocharger business?
Huge storms in the marine sector – shipping and shipbuilding – but friendly sunshine in the stationary plant sector, which covers anything to do with onshore power plants.


What can you tell us about the “storms”?
High fuel prices, overcapacity, ongoing new vessel deliveries and very low freight- and charter rates are putting the marine industry in Germany under tremendous pressure. A result of this unfortunate trend is that we are seeing a very large number of vessels being laid up, sold or scrapped as well as extra slow steaming and turbocharger cut-outs.

We have to do our utmost to assist our clients in keeping their maintenance budgets under control. Insolvencies in the sector of vessels under limited partnership are common and we are already seeing the start of a concentration process, in other words mergers and acquisitions.

The International Maritime Organization (IMO) is seeking to limit emissions from the shipping industry, given that it is responsible for about 10 percent of Nitrogen Oxide (NOx) emissions globally. How do you rate the importance of these regulations for your business?
These regulations are very important, for us as well as for our clients. ABB turbochargers are designed to enable ship owners to fulfill them. Our valve train system, VCM®, reduces NOx emissions and helps customers to meet IMO Tier II and especially Tier III regulations, whose aim is to reduce NOx emissions by 80 percent. It goes without saying that by offering new products and technologies like this we also have to intensify the training of our employees.

Have the IMO and other emissions regulations been a technology driver?
The IMO regulations have triggered new engineering efforts, but also new business opportunities as well. We have developed new, more efficient and effective hardware to enable customers to meet IMO Tier II and Tier III regulations.

What can you offer customers in the way of immediate support? Which ABB products or services are especially well suited in today’s business climate?

We have several, for example our maintenance agreements (MMAs), where we actively assist our clients in planning their turbocharger maintenance at the best price level, our “pay by the running hour” maintenance contracts (OPAC), and turbocharger cut-outs.

(ABB is a world leader in the manufacture and maintenance of turbochargers for 500 kW to 80+ MW diesel and gas engines, with over 100 Service Stations in more than 50 countries worldwide. Approximately 200,000 ABB turbochargers are in operation across the globe on ships, power stations, gen-sets, diesel locomotives and large, off-highway vehicles.)
 

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

SENER Presents Two FORAN Papers at the Morintekh

In June, the SENER engineering and technology group participated in the 17th Morintekh – Praktik 2016 Scientific Conference, in the city of St. Petersburg, Russia.

Ship of the Year Award for NYK Vessel

Japan's first LNG-fueled ship, Sakigake, which is a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards

IRClass First to Certify Indian Recycling Yards per EU Standard

IRClass is amongst the first organizations in the world to certify ship recycling yards according to EU standards as an ‘Independent Verifier’. IRClass Systems and Solutions Pvt.

Technology

Wärtsilä Environmental Efficiency for Hybrid UK Ferry

A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink will feature a comprehensive range of modern Wärtsilä equipment and systems to

SENER Presents Two FORAN Papers at the Morintekh

In June, the SENER engineering and technology group participated in the 17th Morintekh – Praktik 2016 Scientific Conference, in the city of St. Petersburg, Russia.

Boskalis Awarded Aberdeen Offshore Wind Farm Contract

Royal Boskalis Westminster N.V. (Boskalis) has been awarded the Offshore Balance of Plant contract by Vattenfall for the construction of Aberdeen Offshore Wind Farm,

Marine Propulsion

Wärtsilä Environmental Efficiency for Hybrid UK Ferry

A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink will feature a comprehensive range of modern Wärtsilä equipment and systems to

Ship of the Year Award for NYK Vessel

Japan's first LNG-fueled ship, Sakigake, which is a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards

Finland's Wartsila Sticks to 2016 Outlook

Finnish ship engine and power plant maker Wartsila reported weaker-than-expected quarterly profit and order intake on Wednesday. Wartsila cited tight competition

Marine Power

Wärtsilä Environmental Efficiency for Hybrid UK Ferry

A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink will feature a comprehensive range of modern Wärtsilä equipment and systems to

Ship of the Year Award for NYK Vessel

Japan's first LNG-fueled ship, Sakigake, which is a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards

12th Chesapeake Tug for Vane Brothers

Chesapeake Shipbuilding Corp. of Salisbury, MD announced it has successfully delivered another ocean going tugboat to Vane Brothers of Baltimore, MD.   The boat,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction 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: 0.1179 sec (8 req/sec)