Hull and propeller performance monitoring technology firm Propulsion Dynamics has introduced a new product, Inferred Fuel Performance, which allows a ‘sneak peak’ of a vessel’s expected performance based simply on its type.
Latest reports suggest global shipping fuel costs to rise by $24 billion in 2020 when the new International Maritime Organization (IMO) 0.5% global sulphur cap on fuel takes effect.
The increased cost has resulted in a heightened interest by charterers on the fuel efficiency of their ships, say Propulsion Dynamics.
“Inferred Fuel Performance takes vetting to a new level. It allows the chartering department to have a clear insight of the likely fuel performance of a vessel, based on our database of performance analysis, before chartering-in a vessel,” explains Daniel Kane, Vice President of Propulsion Dynamics’ CASPER® Service.
“Through the ship’s unique IMO number we are able to locate ships of similar dimensions in our CASPER® database, we then take the hydrodynamic correction factors for those ships with similar dimensions and estimate clean ship performance found from trials.
“By considering such factors as the age of the ship, time out of dock, [AIS-based] service patterns and prior hull/propeller treatments – in dock and in water maintenance if available – we are able to assign a likely added resistance to the ship.
“This added resistance factor allows us to create likely fuel performance curves corrected for multiple sea states, draft and speed regimes.”
The process is simplified as there is no sea trial or noon reports required to infer the fuel performance of a vessel.
“Inferred Fuel Performance is part of our commitment to providing not just shipowners and ship managers but charterers too with the tools they need to make big data, analysis-driven decisions based on real-time ship performance information, to further optimize operations and improve energy efficiency,” states Kane.
Published: 28 August, 2018
Transferred shares of 40 subsidiaries to BVI firm after tribunal awarded claims in favour of Trinity Seatrading; YSPL has also filed a civil complaint against DNV and Liberian ship registry at Nanjing Maritime Court.
ADNOC L&S, Gulf Energy Maritime, Cockett Marine Oil, Mideast/Bahri Ship Management and VPS experts present their views on biofuel bunker hurdles at the VPS Biofuels Seminar in Dubai on 16 March.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.