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 Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Transas Simulators Boosts Western Shipping Training Center

Transas Marine Pacific has successfully completed the upgrade of a simulator complex for Western Shipping Pte. Ltd. training center. The simulator class was

Scotland's 'No' to Independence Welcomed by Shell

Royal Dutch Shell CEO Ben van Beurden on Friday welcomed Scotland's vote against independence. "Shell welcomes the decision by the people of Scotland to remain within the UK,

Long Beach Public Invited to Celebrate QM's 80th

The iconic trans-Atlantic liner Queen Mary turns 80 on September 26 and the public is invited to join a ship-wide celebration. The Queen Mary will open her gangways and ballrooms,

Technology

Transas Simulators Boosts Western Shipping Training Center

Transas Marine Pacific has successfully completed the upgrade of a simulator complex for Western Shipping Pte. Ltd. training center. The simulator class was

Kongsberg/Ricardo in Wind Farm Bearing Collaboration

Ricardo and KONGSBERG say that they have signed a framework agreement that will see Ricardo support the development of the Kongsberg Wind Farm Management System

AN/SPY-1 SSSA Completes Critical Design Review

The Critical Design Review (CDR) stage for AN/SPY-1 radar Solid-State Switch Assembly (SSSA)'s high voltage modulator completed Aug. 26, confirming that the

Marine Power

General Dynamics Wins US Navy Award for F/A-18 Mission Computers

General Dynamics Advanced Information Systems, a business unit of General Dynamics, was awarded a $16.2 million contract by the U.S. Navy to produce Type-3 Advanced

Vroon’s VOS Famous Launched

Vroon’s newbuilding ERRV, VOS Famous, was launched in China yesterday. This 50-m ERRV (emergency response and rescue vessel) is under construction at Nanjing East Star Shipyard.

3D Scanning Speeds Up Drag Boat Racing

NVision, Inc., a company in 3D laser scanning and reverse engineering for over 24 years, said it was able to help a motorsports boat designer optimize the design

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2283 sec (4 req/sec)