Tom Evans News

VesselsValue Launches Vessel Energy Efficiency Ratings

Shipping data provider VesselsValue announced its latest green product that allows clients to access, customize and compare vessels’ energy efficiency ratings.This latest feature combines VV’s shipping data with the IMO’s framework to calculate the energy efficiency score for an individual vessel, whether existing (EEXI) or a newbuild (EEDI). It is available across bulkers, tankers and containerships, with the flexibility to customize inputs to recalculate a vessel's EEDI or EEXI score and compare ratings across fleets.In addition to Energy Efficiency ratings…

VesselsValue Buys Norwegian Shipping Research firm ViaMar

Online valuation and data provider, VesselsValue, said Friday it had acquired the Norwegian shipping research and advisory company, ViaMar.ViaMar, based in Oslo, is becoming part of VesselsValue which has over 200 employees across eight offices worldwide in the UK, Singapore, Hong Kong, Shanghai, Seoul, and Manila.The Norwegian company provides market research and advisory services in shipping, energy and financial markets, and, according to VV, has particularly strong relationships with major banks…

Offshore Wind Turbines: Shaving Costs on the Foundations

In a recent survey conducted by Wind Energy Update (WEU), five sub-areas of wind power plant installation were selected for cost reduction. The sub area selected by the senior executives with most potential for cost reduction was foundations, with almost twice as many responses as the next closest. Foundations make up 19% of an offshore wind power plant’s LCOE according to Lindoe Offshore Renewables Center [LORC]. Foundation cost reduction, and the cost of the logistics to their installation, constitute a very relevant means of further lowering the LCOE of offshore wind projects. Partnerships and integration key to success 
For offshore wind to remain relevant, installation and operational costs must reduce.