Fuel Saving Technologies News

09 Oct 2019

Cargill, Maersk & Mitsui to Collaborate on Emissions

Photo: Maersk Tankers

Cargill, Maersk Tankers and Mitsui & Co. have established a strategic collaboration to accelerate the reduction of global greenhouse gases (GHGs) within shipping. All three parties recognize the urgency required to tackle the global issue of climate change and are continually driving progress in their respective lines of business. Today, they are joining forces to accelerate these efforts and propel the maritime industry towards a more sustainable future.Together, the companies…

12 Jul 2019

SHI Bags $125mln Order for 2 Crude Carriers

Image: Samsung Heavy Industries Co

South Korean shipbuilder Samsung Heavy Industries Co (SHI) said  that it has clinched a deal worth 147 billion won (US$124 million) to build two crude carriers.According to a press note from the shipbuilder, as per the deal with an un-named Panamanian shipping firm, SHI will deliver the two Suezmax tankers by March 2021.Suezmax (S-Max, Suez Canal Maximum) refers to the largest ships that are capable of transiting the Suez Canal in a fully laden condition with a capacity of 130…

22 Jan 2019

Shipbuilding: OSC Orders VLCC Pair

Michael Jorgensen  (Photo: OSC)

Oman Shipping Company (OSC) is expanding courtesy of an order for a pair of newbuild Very Large Crude Carriers (VLCC ) with Daewoo Shipbuilding & Marine Engineering (DSME).According to Michael Jorgensen, OSC's CFO and acting CEO,  said the VLCCs are expected to be deployed in the spot market, as the company plots further fleet expansion in the bulk and container market.Today OSC’s fleet includes 49 vessels including 16 VLCCs, 17 product tankers and 4 chemical carriers.The two latest additions will be constructed at DSME’s Okpo shipyard measuring 336m in length…

20 Jan 2019

DSME Bags Order for Two VLCCs

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won orders to build two very large crude carriers (VLCCs).Oman Shipping Company (OSC), the wholly government-owned national shipping line of the Sultanate of Oman, has signed a deal with DSME for the construction of two next-generation, eco-friendly VLCCs, tweeted OSC.The pair of ECO VLCCs will be built at the Okpo shipyard of DSME, which counts among the world’s largest shipbuilders.“The vessels are of 336-metres length, 60-metres wide, and can each carry 300,000 tonnes of crude; these are next generation eco-friendly vessels that meet the environmental regulation standards of IMO (The International Maritime Organisation).

30 Aug 2018

Rotor Sails Installed on Maersk Oil Tanker

Two 30- x 5-meter Norsepower Rotor Sails installed on board the Maersk Pelican

A Maersk product tanker has become the third commercially operating vessel to be equipped with Norsepower Rotor Sail auxiliary wind propulsion technology.Two Rotor Sails have been installed on board the 109,647- DWT Long Range 2 (LR2) product tanker Maersk Pelican in the Port of Rotterdam, announced project partners Norsepower Oy Ltd., Maersk Tankers, Energy Technologies Institute (ETI) and Shell Shipping & Maritime. The ship is expected to commence its first voyage with its new sails shortly.At 30 meters tall by five meters, the Rotor Sails aboard Maersk Pelican are the largest in the world.

17 Aug 2018

Samsung Heavy Industries to Build Two LNG Carriers for Celsius Tankers

Photo : Samsung SAVER Air Concept Design

South Korean shipbuilder Samsung Heavy Industries (SHI) booked an order from Denmark’s  Celsius Tankers for two liquefied natural gas (LNG) carriers, securing an option for further two vessels.A press release said that SHI won a newbuilding contract for two 180,000㎥ LNG carriers from a European shipowner Celsius Tankers. The price is 187 million USD per vessel. The LNG carriers would be equipped with Mark-â…˘ Flex type containment system with re-liquefaction to lower BOR. The vessels are equipped for environmental regulations such as SCR and BWTS.

10 Apr 2018

Interview: William Harber - Hurtigruten, Americas President

William Harber, President, Americas Region, Hurtigruten

As the luxury yacht/adventure sector of the global cruise market continues to gain strength, Maritime Reporter & Engineering News recently received insights from Hurtigruten, a clear leader in the sector. William Harber, President of the Americas Region, Hurtigruten, explains the path forward. Please discuss Hurtigruten’s plans to ramp up its North American presence. We are indeed ramping up our presence in the Americas. From a distribution perspective, Hurtigruten is developing stronger, deeper and more strategic partnerships to drive our expedition cruise products.

06 Apr 2018

Samsung Heavy Industries Wins a LNGC Duo for USD 370 mln

Photo: Samsung Heavy Industries

Samsung Heavy Industries(SHI) revealed on April 4th that a contract for two 174,000㎥ LNG carriers on BOD approval term. The price is 184 million USD per vessel(around KRW 195 billion). The latest LNGCs would be delivered in July and October 2020. The contract comes with option for two. The LNG carriers would be equipped with Mark-Ⅲ Flex type containment system with re-liquefaction to lower BOG. The vessels are loaded with fuel saving technologies customized for the owner's operational needs.

14 Mar 2017

Maersk Tankers to Trial Rotor Sails

Maersk P-Class Illustration with two 30x5 Norsepower Rotor Sails (Photo: Maersk Tankers / Norsepower)

Norsepower Oy Ltd. in partnership with Maersk Tankers, The Energy Technologies Institute (ETI), and Shell Shipping & Maritime, have announced that it will install and trial Flettner rotor sails onboard a Maersk Tankers-owned vessel. The project will be the first installation of wind-powered energy technology on a product tanker vessel, and will provide insights into fuel savings and operational experience. The rotor sails will be fitted during the first half of 2018, before undergoing testing and data analysis at sea until the end of 2019.

08 Jul 2016

Jotun: ISO Hull Performance Standard Final Stage

Photo:  Jotun

The ISO 19030 is finally nearing publication, in a move that has the potential to save the shipping industry as much as USD 30 billion in annual fuel costs. It’s taken 12,000 hours of development work, involving 53 expert stakeholders, across more than three years, but ISO 19030 is finally nearing publication, in a move that has the potential to save the shipping industry as much as USD 30 billion in annual fuel costs. In response Jotun, a global leader in marine antifouling coatings, has adapted its Hull Performance Solutions (HPS) guarantee to ensure it is fully ISO/DIS-19030-2 compliant.

15 Jun 2016

ME-GI Engines for Maran's New LNG Carriers

Daewoo Shipbuilding & Marine Engineering (DSME) has signed new contracts with Maran Gas Maritime and Maran Tankers Management for the construction of two ME-GI powered LNG carriers and two VLCCs, both shiptypes with a number of options. Maran Gas Maritime has already four ME-GI powered LNG carriers on order at DSME. Maran Gas Maritime is the LNG shipping company of Angelicoussis Shipping Group, Greece’s largest shipowner, and Maran Tankers Management is the tanker arm of Angelicoussis. The Korean shipbuilder announced on June 9 that it won the orders at the international shipping exhibition Posidonia in Greece. The LNG carriers are slated for delivery in 2019 and the VLCCs are due in the first half of 2018.

07 Apr 2016

Jotun’s HPS Delivers Fuel, Emission Savings

Penguin Arrow (Photo: Jotun)

Jotun has analyzed the first ever five year dry-docking of a vessel treated with its Hull Performance Solutions (HPS) system. The data revealed that Gearbulk’s Penguin Arrow, coated with Jotun’s SeaQuantum X200 in September 2010, recorded a staggering estimated fuel saving and CO2 emission reduction of $1.5 million and 12,055 metric tons respectively, across the 60-month period. Jotun’s proprietary HPS offer combines the application of an advanced antifouling coating, a specialized application procedure, a full suite of sensors that record hull performance and a high performance guarantee.

07 Apr 2016

Saving with Jotun’s Hull Performance Solutions Guaranteed

SeaQuantum X200’s silyl methacrylate coating technology delivers clean hulls, saving money for owners Photo Jotsun

Jotun has analysed the first ever five year dry-docking of a vessel treated with its Hull Performance Solutions (HPS) system. The data revealed that Gearbulk’s Penguin Arrow, coated with Jotun’s SeaQuantum X200 in September 2010, recorded a staggering estimated fuel saving and CO2 emission reduction of USD 1.5million and 12,055 tonnes respectively, across the 60-month period. Jotun’s proprietary HPS offer combines the application of an advanced antifouling coating, a specialised application procedure, a full suite of sensors that record hull performance and a high performance guarantee.

30 Jun 2015

Jotun to Update Performance Guarantees

The 17 National Standardization Bodies represented on ISO’s Marine Environment Protection Sub-committee (ISO-TC8-SC2) has voted in favor of circulating ISO 19030 parts 1 and 2 as Draft International Standards. In anticipation of final approval of the standard expected next year, Jotun informs it will update Performance Guarantees offered as a part of its Hull Performance Solutions so that they are fully compliant with the standard. According to Geir Axel Oftedahl, Jotun’s Business Development Director, Hull Performance Solutions, the purpose of establishing these standards is to prescribe practical methods for measuring changes in ship-specific hull and propeller performance and to define performance indicators for hull and propeller maintenance, repair and retrofit activities.

29 Jan 2015

Liberian Registry Launches Green Ship Initiative

Scott Bergeron (Photo courtesy: Liberian Registry)

“We have launched a new initiative to help shipowners improve their green credentials and meet other corporate social responsibilities," said Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the registry. As part of its ongoing commitment to environmental excellence, the Liberian Registry recently entered into a partnership with U.S.-based consultancy EfficientShip Finance (ESF) to launch an innovative environmental initiative designed to reduce global carbon emissions…

13 Nov 2014

Sulfur Regulations Spur Fuel-saving Technologies

Photo: Ab Nanol Technologies Oy

With many ship owners switching to marine gas oil (MGO) inside designated Emission Control Areas (ECAs) as of January 1, 2015, the cost of fuel could rise by up to 50%, so all measures to reduce fuel consumption are vital. Research and field testing has shown that the latest developments in engine lubrication and unique marine energy management systems can add more than a 15% improvement in fuel efficiency, proving that even the smallest modification at the right time can add up to big savings.

10 Dec 2013

Nordic American Tankers Letter to Shareholders

Nordic American Tankers Limited (NAT) Chairman and CEO, Herbjorn Hansson, Issued a letter to shareholders addressing the yearend rally in the crude tanker market and strongly increased rates. As we approach the end of the year, I would like to share with you some thoughts on recent events. The best suezmax tanker rates for a year or two are with us now. For each day passing by, we come closer to stable improved conditions. These last few months have been a busy and exciting time for us. We have established a new company, Nordic American Offshore Ltd. (NAO), where NAT is the largest shareholder. The fourth quarter started quite slowly, while the tanker market for crude oil has strengthened considerably during the last few weeks.

09 Dec 2013

Sustainable Marine Energy Lab Established in Japan

MAS diagram: Image credit Aquarius Innovation Lab

KEI System Ltd (KEI) and Eco Marine Power (EMP) have jointly established the Aquarius Innovation Lab in Osaka, Japan, which includes an indoor test centre plus an outdoor area for evaluating the performance of hardware such as solar panels, rigid sails & wind power devices. The Aquarius Innovation Lab will conduct research & design plus product development activities related to marine renewable energy systems and fuel saving technologies. Ongoing projects include the development of the Aquarius MRE System and EnergySail, both of which are to be tested in the facility.

25 Jun 2013

Carnival Corp Report Profit Slide in Q2 2013

Non-GAAP net income of $72 million, or $0.09 diluted EPS for the second quarter of 2013 compared to non-GAAP net income for the second quarter of 2012 of $159 million, or $0.20 diluted EPS. On a constant dollar basis, net revenue yields (net revenue per available lower berth day or "ALBD") decreased 1.9 percent for 2Q 2013. Gross revenue yields decreased 3.1 percent in current dollars. Net cruise costs excluding fuel per ALBD increased 8.8 percent in constant dollars, primarily due to the timing of dry-dock expenses, vessel repair costs and non-recurring items which benefitted the prior year. Gross cruise costs including fuel per ALBD in current dollars decreased 0.1 percent. Fuel prices decreased 9.7 percent to $683 per metric ton for 2Q 2013 from $756 per metric ton in 2Q 2012.

31 May 2013

Fathom's New Ship Efficiency Guide Released

Fathom, the information specialists on maritime eco-efficiency, officially released a fully revised, updated and extended second edition of key industry reference source, Ship Efficiency: The Guide, in response to evolving technology and efficiency solutions on the market. In an economic climate in which owners and operators face increasing pressure to reduce fuel costs, Ship Efficiency: The Guide is a source of vital commercial knowledge. It is the only industry publication series that critically examines the viability of fuel saving technologies and analyses providers' claims.

09 Oct 2012

Konecranes Gets More W. African Orders

Photo credit Konecranes

The manufacturer has received two orders for a total of nine gantry cranes from West Africa. The parties concerned have declined to reveal the value of the orders. The cranes will have some advanced technologies such as auto steering feature which keeps the crane on a pre-programmed, straight driving path as well as fuel saving technologies. According to Konecranes, the new technologies used help improving safety of operation and increase productivity. This contract is a result of a long term relationship.

15 Oct 2010

NAVSEA Increases Wasp-class Fuel Efficiency

The U.S. Navy began installing combustion trim loop systems this month on amphibious ships to improve fuel efficiency and save up to 2,400 barrels of fuel per ship annually. The Naval Sea Systems Command (NAVSEA) tested system, coupled with a new stack gas analyzer, automatically optimizes the fuel-air mixture for the ships' two boilers, making them more efficient. The trim loop system also protects the environment and increases crew safety by automatically preventing black or white smoke conditions. This initiative, part of NAVSEA's Fleet Readiness Research & Development Program (FRR&DP), supports the secretary of the Navy's efforts to reduce total energy consumption on naval ships.

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