Finland-based maritime software, services and data analysis provider NAPA Thursday says it has received major funding from INTENS to further enhance its work improving technical and operational performance and lowering ships’ emissions.
INTENS is a VTT-coordinated Finnish research-industry collaborative consortium that was formed in early May.
The work enabled by the funding has already begun, the initial trial customers have been agreed, and NAPA expects to be able to publicly discuss the first delivered benefits by the end of 2018.
“Shipping remains the most environmentally friendly way to move cargoes globally, but it will be difficult to achieve significant emissions reductions without fundamental, practical changes to how it operates on a global basis,” comments Pekka Pakkanen, Director, Development, NAPA Shipping Solutions.
“Optimising operations of existing vessels is the fastest way to reduce carbon emissions and lower operating expenditure immediately.”
According to NAPA, bunker fuel comprises between 30% and 60% of all operating vessel expenses, and the total value of bunkers consumed each year is approximately $130 billion.
Numerous studies have shown that the vast majority of sea voyages are not optimally sailed in terms of fuel consumption. It estimates shipowners may be wasting nearly $30 billion each year of unnecessary expenditure on bunkers.
“The collaboration and funding from INTENS will further enhance our market-leading voyage planning services, such as NAPA Fleet Intelligence, that provide a rounded appraisal of a vessel’s performance characteristics and achieve better results,” continues Captain Risto Kariranta, Director, Services, NAPA Shipping Solutions.
“Through these services, we can help mitigate voyage inefficiencies such as ‘rush to wait’ or those caused by rough sea and weather conditions, and take practical and profitable steps to save both fuel and carbon emissions.”
Shipping’s share of global carbon emissions is currently 2-3%, a similar level to major developed countries like Japan and Germany. Under a business-as-usual scenario, the IMO estimates that carbon emissions from shipping could increase by 50%-250%in the coming decades.
Related: EUR 13 million Finnish shipping research group forms
Photo credit: NAPA
Published: 10 May, 2018
Maritime software provider opens first office in Asia to offer cloud-based ship management solutions.
Offers PureSOx connectivity programme allowing customers to remotely monitor scrubber performance.
Simulator design is based on Wärtsilä LNGPac and Gas Valve Unit technologies, and in accordance with the STCW requirements demanded by the international code of safety.
UBM (Seatrade), co-organiser of Sea Asia 2019, contributes an opinion piece to Manifold Times.
Starts COSAACKE project as part of cooperation agreement and step into the Asian market.
‘Scaling instrumentation, marine services and support is crucial to ensuring that different types of vessels [...] have the opportunity to unlock access to their data,’ it said.
‘Generally, you have to heat VLSFOs to prevent waxing, but the more you heat them the lower the shelf life is going to be,’ Dr Malcolm Cooper, the Group Managing Director of VPS, tells Manifold Times.
Current low prices for road and aviation fuels in September could mean another increase of flashpoint off-spec cases for MGO when players start introducing the products back into the bunker stream.
Some bunker suppliers at various ports have even achieved their sales target for the year; the trend doesn't seem to be slowing down and suppliers are expecting a boom during end of September.
The company has entered a memorandum of agreement with Millenium Satu Ltd to acquire the 7,550 dwt oil tanker to increase service flexibility; vessel will be paid over an installment period of 36 months.
Deloitte & Touche JMs believe IPP has a viable claim against Dr Goh Jin Hian for breaches of his director’s duties to act with skill, care and diligence which he owned to IPP, states court document.
An earlier MPA notice outlined precautionary measures for personnel to observe when conducting marine refuelling operations at port in order to minimise the risk of contracting Covid-19.
