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 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


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


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


Eitzen Chemical Implement Jotun HPS

Eitzen Chemical A/S has decided to implement Jotun's Hull Performance Solutions (HPS) on two of their largest chemical carriers. The first vessel, Siteam Discoverer, applied SeaQuantum X200 to the hull at the COSCO Dalian Shipyard in China in May, while the next vessel will dock in October later this year. "Through several years of measuring our vessel's performance, we recognize that the correct choice of antifouling is one of the low hanging fruits when it comes to increasing our


Almi Tankers Evolve Suezmax Design

Photo: Lloyds Register

Almi Sun and Almi Explorer were delivered by Daewoo Shipbuilding and Marine Engineering Shipyard, Geoje Island, Korea and have commenced their operational lives. These ships are a further development of Almi Horizon delivered back in 2011. The latest deliveries have electronically controlled main engines, each turning a slightly larger propeller and they benefit from pre-swirl stators to further enhance energy efficiency.


ABS Releases Environmental Management Software

ABS NS Logo from Web.jpg

Energy & Environmental Manager module supports regulatory compliance and operational efficiency. ABS, a leading provider of classification services to the marine and offshore industry, today announced the release of the new Energy & Environmental Manager module within NS5 Enterprise, the industry-leading asset management software suite. This module complements the ABS portfolio of services that help owners and operators meet the environmental and operational demands faced by the


CMA CGM to Retrofit 10 More Bulbous Bows

Photo: CMA CGM

The CMA CGM Group said it will retrofit 10 of its vessels’ bulbous bows to achieve improved energy efficiency for slow steaming. The modifications are in addition to the 15 CMA CGM ships that have already been retrofitted in 2013 and 2014.


First Bulk Carrier Delivered to ADM of US

Newly developed bulk carrier with MALS

  The first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI), a vessel offering superlative energy efficiency and environmental performance, was delivered today to Archer Daniels Midland Company (ADM) of the U.S


ABB wins UAE Order for Solar Power Grid Integration

Dubai

 ABB, the leading power and automation technology group, has won an order worth around $55 million from Dubai Electricity & Water Authority (DEWA), the leading power utility in United Arab Emirates (UAE), to build a substation that will integrate power from the Mohammed bin Rashid Al


Ecoships Claims 15% Ship Efficiency Gain

ecoships logo.jpg

Ecoships introduced a customized version of the Six Sigma DMAIC approach to process and performance evaluation in order to optimize the energy-efficiency of the vessels under its management. The technique has already resulted in Ecoships’ managed ships benefiting from up to 15% greater


MEPC Makes Progress on Energy Efficiency, Emissions

The MEPC approved the Third IMO GHG Study 2014 providing updated estimates for greenhouse gas emissions from ships. (Photo courtesy of the IMO)

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 67th session from October 13-17, 2014, at IMO Headquarters in London. Third IMO GHG Study 2014 approved The MEPC approved the Third IMO GHG Study 2014 providing updated estimates


BHP Bullish on Caval Ridge's Prospects

BHP Billiton Opens Caval Ridge Metallurgical Coal Mine in Central Queensland

  Yesterday BHP Billiton Coal President, Dean Dalla Valle, was joined by the Hon. Tony Abbott MP, Prime Minister of Australia, and joint venture partner Mitsubishi in a ceremony to open the US$3.4 billion Caval Ridge Mine, which has created around 500 jobs in Queensland.


Better Flow Control for Multi-pump Applications

The VACON 100 FLOW AC drive is engineered for improved flow control for multi-pump applications (photo courtesy of Vacon)

The VACON 100 FLOW is an AC drive designed to improve flow control for multi-pump applications in which several pumps are used in place of a single one. Multiple pump solutions help lighten the load by spreading it across several pumps, thus offering greater energy efficiency and system redundancy


Permanent Magnet Technology for Maritime Propulsion

The Switch  Medium Speed PMG.

Multipurpose vessels, especially those that operate primarily at part loads, have been facing pressure when it comes to making money in today’s business environment. Returning to times of big profit margins will not happen soon without finding a radically different approach


Wave Energy Conversion Competition Offers Cash Prize

Photo: Ricardo

Ricardo has been selected by the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy to administer a ocean Wave Energy Converter (WEC) prize challenge, aimed at helping to bring this potential source of clean energy to commercial scale.


Carnival Plans to Save 1 Billion Gallons of Fuel

Photo: Carnival

Carnival Corporation’s multiyear Fuel Conservation Program expected to save more than one billion gallons of fuel and $2.5 billion in fuel costs, while reducing carbon emissions by 12 billion kilograms by the end of 2014; fleet of over 100 ships will see 24 percent improvement in fuel


$310 Billion 'Energy Efficiency' Market Grows Rapidly

iea logo.png

IEA report sees energy efficiency finance becoming established market segment in its own right ... $310B & Growing Rapidly   The global energy efficiency market is worth at least $310 billion a year and growing, according to a new report from the International Energy Agency that


Historic Cruise Ship Float Out in Finland

Image: http://www.meyerturku.com

The Meyer Turku Oy yard in Turku, Finland, celebrated a historical day on October 10, 2014. Meyer Turku Oy, which officially changed ownership only three weeks earlier with the takeover by Papenburg, Germany cruise ship building power Meyer Werft, floated out the cruise ship Mein Schiff 4.


IMO Urged to Provide Access to Efficiency Data

imo logo.png

Shipping Fuel Transparency Will Lower Emissions and Cut Costs.   NGOs call on shipping industry regulator to drive down costs, trigger improved fuel efficiency and reduce ship GHG emissions through efficiency data transparency. Transport & Environment


Vacon, One of 18 Selected by DoE

Dan Isaksson, Vice President, Medium Voltage Drives

  Global AC drives manufacturer, Vacon, has been named one of 18 industry-leading companies to participate in the Next Generation Power Electronics Institute at North Carolina State University. The Institute will bring research and commercial product development resources together in a


GE Helps US Navy Improve Energy Efficiency

GE’s Power Conversion business was chosen by Naval Facilities Engineering Command (NAVFAC) to build a test system for a cleaner and more productive future in full scale testing of shipboard propulsion and electrical distribution systems at its Naval Ship Systems Engineering Station (NAVSSES)






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