Marine link
 

Energy Efficiency

Bank Considers EEDI When Making Ship Finance Decisions

The German KfW IPEX-Bank evaluates energy efficiency of its merchant shipping portfolio, sees EEDI a key indicator of economic advantage. KfW IPEX-Bank, one of the largest ship financing banks in the world, has evaluated together with FutureShip, a subsidiary of Germanischer Lloyd, the energy efficiency of its shipping portfolio based on the Energy Efficiency Design Index (EEDI). The applied valuation approach is based on the standards of the International Maritime Organisation (special organisation of the United Nations) and provides an indicator for the energy efficiency and CO2 emissions of merchant vessels. From 2013 binding EEDI limits will be introduced for newbuildings. However, the energy efficiency of existing vessels also plays an increasingly important role during chartering decisions. Using the EEDI methodology, the energy efficiency of 88% of the ships in the IPEX portfolio could be evaluated. "In this regard our merchant shipping portfolio is on average slightly better than the world fleet," explained Dr Carsten Wiebers, Global Head of Maritime Industries at KfW IPEX-Bank. "The reduction of environmental impacts from maritime shipping is a serious concern for us. The newly developed valuation method gives us the opportunity to take into account the vessel’s energy efficiency during our financing decision and to favour "green" ships over similar ships with poorer energy efficiency.


Ship Energy, BWMS, Recycling on MEPC Agenda

The IMO's Marine Environment Protection Committee (MEPC) meets for its 65th session from 13 to 17 May 2013, at IMO HQ in London. Items on a busy agenda include the implementation of energy-efficiency regulations and the ballast water management and ship-recycling treaties. Further guidelines on energy-efficiency measures for ships to be considered The MEPC is expected to continue its work on further developing technical and operational measures relating to energy-efficiency measures for


IMO Marine Environment Protection Committee Meeting Agenda

Implementation of energy-efficiency, ballast water management & ship-recycling rules on agenda for IMO Marine Environment Protection Committee. The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) meets for its 64th session from 1 to 5 October 2012, at IMO Headquarters in London. As well as discussing matters relating to the implementation of energy-efficiency, ballast water management and ship-recycling regulations


Tecnitas Launches Energy Management Software Tool

Tecnitas, the consultancy arm of Bureau Veritas, has launched a powerful new software tool, E2, aimed at optimising energy usage for both individual ships and across fleets.   E2 is a user-friendly tool which enables shipowners to maximise the gains in energy efficiency and emission reduction which can be obtained through proper use of IMO’s Ship Energy Efficiency Monitoring Plan (SEEMP). Claude Andreau, head of engineering, Tecnitas, says


IMO Signs Global Maritime Energy Efficiency Partnerships Project

Image: International Maritime Organization (IMO)

 International Maritime Organization (IMO) the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate US$2.0 million to a two-year global maritime energy efficiency partnership project, which aims to support increased uptake and implementation of energy-efficiency measures for shipping.    The so-called GloMEEP project, formally designated “Transforming the Global Maritime Transport Industry towards a


IMO MEPC Implements Further Energy Efficiency

Photo: IMO

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 65th session from May 13-17 2013, at IMO Headquarters in London. The committee made significant progress in its work on further developing energy-efficiency regulations; adopted an MEPC resolution on rromotion of technical cooperation and transfer of technology relating to the improvement of energy efficiency of ships; and gave the go-ahead to carry out an update to the


South Africa Workshop Promotes Ship Energy Efficiency

Photo:  International Maritime Organization

 An International Maritime Organization (IMO) workshop is raising awareness of the Organization’s regulatory regime dealing with improving energy efficiency and the control of GHG emissions from ships.    Participants from South African governmental departments and other related bodies are in attendance at the three-day “MARPOL Annex VI and Technology Transfer” workshop, taking place in Durban, South Africa (23-25 August).   


Port of L.A Aims to Improve Energy Efficiency

Photo: The Port of Los Angeles

Port of Los Angeles officials announced the development of its Energy Management Action Plan (E-MAP) initiative designed to improve energy efficiency at America’s busiest container port. Included in the plan will be the nation’s largest port energy assessment. The E-MAP, unveiled during an energy workshop with representatives of the Port, the Los Angeles Department of Water and Power (LADWP), marine terminal operators and others


IMO’s Climate Change Mandate

Photo: International Maritime Organization (IMO)

An audience of lawyers and academics have heard that the United Nations Convention on the Law of the Sea (UNCLOS) gives a clear mandate for IMO to prevent, reduce and control pollution of the marine environment from or through the atmosphere and to address climate change.   The International Maritime Organization's (IMO) Fred Kenney, speaking at seminar in London on November 14, said that Article 212 of UNCLOS complemented the Paris Agreement on Climate Change to give IMO Member States


SNAME to Host Energy Efficiency Workshop

Jeff Lantz

The Society of Naval Architects and Marine Engineers (SNAME) will host a workshop on Marine Energy Efficiency for ships, tugs, ferries and OSVs at the Maritime Institute of Technology and Graduate Studies (MITAGS) in Linthicum Heights, Maryland, March 11-12. With a focus on the theoretical and practical aspects of reducing vessel fuel consumption, the two-day workshop will feature technical discussions from a Webb Institute Professor of Ship Design and a representative of the Danish


MAN 48/60CR Engines for New US Navy Tankers

The FM-MAN 14V48/60CR engine (T-AOX will use 2 x 12V46/60CR Engines) (Image: MAN Diesel & Turbo)

Fairbanks Morse to build 34 × 12V48/60CR engines for TAO-205 program   The U.S. Navy has chosen the Fairbanks Morse MAN 12V48/60CR engine as main propulsion for a new series of 17 ships as it begins plans to phase out its existing tanker fleet


Capacity Building for Sustainable Shipping

Photo: International Maritime Organization (IMO)

 International Maritime Organization (IMO)'s response to the needs of developing countries for building capacity and facilitating technology transfer to promote low-carbon shipping was highlighted at the Environmental Sustainable Shipping Industry Conference (ESSIC), held in Panama City


Caribbean Centre Launches on Low-Carbon Shipping Mission

Photo:  International Maritime Organization (IMO)

 A new centre tasked with promoting technologies and operations to help navigate shipping into a low-carbon future has been launched at the University of Trinidad and Tobago (8 March).    The centre will cater to the needs of the Caribbean region under the Global Maritime


Breaking Down Barriers to Energy-Efficient Shipping

Photo: International Maritime Organization

 International Maritime Organization (IMO)'s work to mitigate greenhouse gas emissions from international shipping has conducted in Mumbai, India with a train-the-trainer course on energy-efficient ship operation.   The course (28 February – 3 March) is training maritime


Räsänen Joins Foreship

Jan-Erik Räsänen (Photo: Foreship)

Foreship has appointed Jan-Erik Räsänen as its Head of New Technology effective from March 1, 2017. The new role expands Foreship’s energy-saving consulting services at a time when the cruise industry is considering the best way of harnessing fast-emerging hybrid


Philippines Putting Energy-Efficient Shipping on the Curriculum

Photo: International Maritime Organization (IMO)

 The Philippines is the latest country to receive International Maritime Organization (IMO)  support to promote energy-efficient ship operation.    A workshop taking place in Manila (23-24 February) is equipping 30 maritime educators from across the country with the knowledge


Steel Cut for World's First LNG Cruise Liner

(Photo: AIDA Cruises)

German shipbuilder MEYER WERFT held a steel cutting ceremony on February 21 in Papenburg marking the ceremonial start of construction for the newest cruise liner for Rostock-based cruise company AIDA Cruises. The new cruise ship will be the world’s first capable of operating completely on


Focus on Sustainable Use of the Oceans

Photo: International Maritime Organization (IMO)

 Preparations are underway in New York ahead of June’s UN Oceans Conference, which is focused on achieving UN Sustainable Development Goal 14: ‘Life Below Water’.    An estimated 40% of the world’s oceans are being badly affected by unsustainable practices


Norwegian Orders Four Ships from Fincantieri

Norwegian Cruise Line Holdings Ltd. said it has reached an agreement with Fincantieri S.p.A. to construct the next generation of ships for its Norwegian Cruise Line brand, ordering four 140,000 gross ton ships for delivery in 2022, 2023, 2024 and 2025


IMO Training in Malaysia

Photo: International Maritime Organization (IMO)

 An International Maritime Organization (IMO) training in Malaysia has seen port State control officers practice inspecting air pollution and energy efficiency rules aboard a container ship in Johor Port.    The participants from across Malaysia have been taking part in the


Baleària repowers high-speed ship ‘Jaume II’

Baleària’s fast ferry Jaume II Photo Baleària

Baleària repowers the high-speed ship ‘Jaume II’ to improve its energy efficiency, reliability and service. The investment totaling more than 5.5 million euros is part of the shipping line’s fleet modernization process


ABB’s OCTOPUS for Torvald Klaveness vessels

The recently launched Torductor Marine will increase the efficiency of the vessels. Photo ABB PR

ABB’s OCTOPUS marine software will be installed on three new Torvald Klaveness vessels to help them meet incoming emissions regulations. The OCTOPUS reporting software is compliant with the IMO Ship Energy Efficiency Management Plan (SEEMP) and supports future European Union Monitoring


Kenya's University to host Africa Maritime Technology Cooperation Centre

Under the Global MTTC Network (GMN) project, JKUAT will host MTCC-Africa in collaboration with Kenya Ports Authority and Kenya Maritime Authority. The selection of JKUAT followed a competitive international tendering process. Photo:  International Maritime Organization (IMO)

 International Maritime Organization (IMO) has announced that Jomo Kenyatta University of Agriculture and Technology (JKUAT), Kenya, has been selected to host the regional Maritime Technology Cooperation Centre (MTCC) for the Africa region, under an ambitious project


Magnetic Attraction: The Switch Targets Marine Growth

Image: The Switch

The Switch is targeting growth of 200 percent within the marine segment in the next five years, building on the momentum of a flurry of recent orders, its acquisition of Wartsila Drives and the financial muscle of its parent company, the EUR 3.3 billion turnover Yaskawa Electric Corporation.


Maritime Energy Management in the Spotlight

Photo: International Maritime Organization

 International Maritime Organization (IMO)'s global energy efficiency rules are key to a sustainable future for shipping.    This was the message from IMO Secretary-General Kitack Lim to the MARENER 2017 conference on maritime energy management






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright