Following successful upgrades of two tankers with Frugal Propulsion system, the entire fleet of 13 ships at Christiania Shipping will now be equipped with it for automatic and intelligent engine control, according to the chemical ship owning and chartering company on Monday (7 November).
The class approved on-top system, Frugal Propulsion, is now working to optimise the fuel consumption on the oil/chemical tankers Jette Theresa and Alice Theresa. The preliminary data shows that the ships’ owner, Christiania Shipping, with Frugal Propulsion achieves a fuel saving of 17-20% at eco speed. At a speed similar to before the upgrade, the fuel saving is 10-14%, depending on the vessel type. ROI is around 12 months.
The investment in Frugal Propulsion is an important part of Christiania Shipping’s 2023 preparations, where new regulations from IMO will become effective: The Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII). In the coming months, all of Christiania Shipping’s 13 owned ships will be upgraded with a Frugal Propulsion solution. The main gains for Christiania Shipping are improved operational efficiency, a reduced carbon footprint and an enhanced competitiveness.
“The market increasingly values a low carbon footprint when chartering tankers. Therefore, it makes a huge difference whether your vessel will receive a high or a low CII-rating. In addition, the Frugal Propulsion system provides us with very accurate data on the ship’s performance, which helps us document our fuel consumption. Emission regulations will be tightened ongoing, and it is important to stay ahead,” said Rune Eriksen Lorentsen, Chief Operating Manger at Christiania Shipping.
“With Frugal Propulsion, we now know exactly how much fuel we use and where and when we use it. Because of the system’s data, we have a detailed overview of the tanker’s total use of fuel. Thereby, we can optimize our energy consumption throughout the ship.”
EEXI regulations increase the interest
Frugal Propulsion is an automated, AI-based on-top system, which ensures that the engine and the propeller are constantly optimized in relation to draught, load, waves, and wind. There are no manual adjustments. There are no manual adjustments as the system is based on sensors, Big Data and algorithms that continuously keeps learning. For the shipowner, this means that the fuel savings will increase as the system gets to know the ship.
Peter Hauschildt is managing director of Frugal Technologies, which is the company behind the patented system. In his experience, the market is showing an increasing interest in learning about what his company has to offer. This is not least because EEXI and CII represents a significant challenge for international shipping operations. Analysts at VesselsValue has recently estimated that over 75 % of the world’s bulk-, tank- and container ships will struggle to remain compliant unless fuel consumption is reduced.
“Frugal Propulsion is a digital ShaPoLi solution which automatically ensures that engine power never exceeds the calculated EEXI limits of the vessel. Shipowners choose our solution because it is quickly installed and ensures both a financial gain and a climate gain due to the significant reduction in fuel consumption. At the same time, we can help them to abide with the new regulations,” he said.
Photo credit: Christiania Shipping
Published: 8 November, 2022
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
‘When you think of Helmsman on the next occasion, think of us as lawyers with expertise in various fields. Come to us before a problem develops. It’s the process that matters,’ says Tang Chong Jun, Executive Director.
Bernard Chew was a former shareholder of MB Marine and was an authorised signatory of the company’s cheques at the material time, according to court documents obtained by Manifold Times.
Maersk, CMA CGM, BP and Stena Bulk give insights on availability of the three potential bunker fuel types, their plans, transition from fuel oil and LNG to alt fuels, how important sustainable marine fuels are to shipowners and more.