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
Viking Line plans to use wind propulsion in the company’s new vessel, due to be operational in 2020.
‘Contract marks our breakthrough in Asia and is a key milestone that strengthens our position internationally,” says Zinus CEO Endre Eidsvik.
SEACOR Maya, SEACOR Azteca, SEACOR Warrior and SEACOR Viking to be classed with the BATTERY-Li notation.
Bunker tanker owner’s trust in LR and Metcore’s expertise proves duo’s experience in bunkering MFMs and unceasing support made the difference in ensuring trust during bunker transactions.
UEC50LSJ-EGR engine is cheaper to operation on MGO even when compared to heavy fuel oil, it says.
Vessels will use fuel oil during navigation and lithium mega-batteries in harbour, be recharged during voyages.
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
Octamar™ Ultra HF, Octamar™ Complete, and Octamar™ F35C were found to have improved the fuel economy while reducing exhaust gas and other emissions of marine engines in a series of trials, states report.
Disposal of evidence has resulted in Singapore not being able to provide full details to the United Nationals Panel of Experts which sought information regarding the case, says Ministry of Foreign Affairs.
‘We are proud to be amongst the first to show the successful steps taken by Singapore’s bunkering ecosystem to remain forward thinking and relevant,’ Choong Sheen Mao, Director of EMF, tells Manifold Times.
‘With the launch of a common data infrastructure, Kenoil aims to continue achieving an end to end visibility and transparency on the bunker data supply chain,’ states Kenoil Managing Director.
