Tag: <span>Fuel Savings</span>

Sustainability as a new operational and commercial priority for shipping
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Sustainability as a new operational and commercial priority for shipping

2020 will be remembered as a year of momentous change in the shipping industry. Notwithstanding the economic shockwaves caused by COVID-19, the pandemic has showcased shipping’s ability to adapt at a remarkable pace, writes Noah Silberschmidt, CEO of Silverstream Technologies.  The speed of reconfiguration of our operations that we have seen across 2020 – and...

New research project aims to halve marine battery costs
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New research project aims to halve marine battery costs

Current Direct, a new research and innovation project funded by the European Commission’s Horizon 2020 program, is aiming to enable rapid adoption of marine battery systems by cutting the cost of electric drivetrains in half. By doing so, shipowners will have less financial burden on their efforts to reduce greenhouse gas (GHG) emissions, which Current...

Emerson’s AVENTICS joystick system optimises vessel manoeuvring
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Emerson’s AVENTICS joystick system optimises vessel manoeuvring

Emerson Industrial Automation has modified its AVENTICS Marex 3D Joystick system for easy integration into existing vessels. The joystick enables single-handed operation of yachts, speedboats and pleasure craft, and provides the user with precision, for stress-free and safe manoeuvres. Optional dynamic positioning features are also included.  Docking vessels can be challenging. In narrow spaces, the...

Neste newbuilds to optimise fuel consumption with tech from Swedish start-up
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Neste newbuilds to optimise fuel consumption with tech from Swedish start-up

Two newbuilding tankers under construction for Finnish refiner Neste will feature automated propulsion optimisation technology FuelOpt by Swedish technology company, Lean Marine.  The newbuilding aframax crude oil tankers will use FuelOpt to reduce fuel consumption and emissions. The system optimises a vessel’s propulsion line in real-time based on the commands set for engine power, fuel...

Yang Ming Lines opts for Wärtsilä propeller solutions to enable slow steaming
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Yang Ming Lines opts for Wärtsilä propeller solutions to enable slow steaming

Taiwan-based shipping company Yang Ming Lines has opted to install Wärtsilä’s Fixed Pitch Propeller (FPP) and EnergoProFin solutions across two of its container vessels to enable the vessels to slow steam.  The Wärtsilä solutions enable a ship’s engines to be adjusted to match the propeller arrangement, which is essential for slow steaming. This adjustment will...

Lean Marine commissions propulsion optimisation technology in record time
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Lean Marine commissions propulsion optimisation technology in record time

Swedish propulsion optimisation expert Lean Marine has undertaken the commissioning of its ‘on top’ propulsion automation technology FuelOpt in record time. Despite multiple challenges faced by technology providers for installations onboard vessels during the COVID-19 pandemic, Lean Marine successfully completed the remote commissioning of the FuelOpt onboard Tipco Asphalt’s 157 000 DWT asphalt tanker Jacob in...

How weather routing can be used to optimise ship performance
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How weather routing can be used to optimise ship performance

Avoiding severe weather is a simple way for a vessel to minimise unnecessary fuel consumption. However, according to COACH Solutions, often the vessel has no information about the business priorities and will therefore have a hard time selecting the most profitable and fuel efficient route.  Shipowners and operators are faced with an array of advanced...

Shipowners rush to bunker hedging
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Shipowners rush to bunker hedging

By Ishaan Hemnani, co-founder, BunkerEx Limited Innovation is touching every corner of the shipping industry, with major changes underway in the way owners are buying bunkers. Rising oil volatility has caused an increasing number of shipping companies to start procuring their fuel months in advance. The easing of oil contango has also brought future prices...

GreenSteam launches fuel consumption monitoring app
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GreenSteam launches fuel consumption monitoring app

GreenSteam, a provider of vessel performance optimisation solutions for the shipping industry, has announced the launch of GreenSteam Capture, a new mobile app designed to automatically log and upload fuel consumption data and reduce errors in fuel consumption reporting. Data accuracy and reliability are key to efficient vessel performance monitoring. Inaccurate data recording can hide...

i4 insight and Greensteam collaborate to boost performance optimisation offering
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i4 insight and Greensteam collaborate to boost performance optimisation offering

Machine learning specialist GreenSteam has partnered with i4 Insight to boost vessel performance and operational efficiency for the shipowners and operators. Under the agreement, GreenSteam’s advanced machine learning technology has been integrated into the i4 Insight Platform, which allows shipowners, operators and charterers to easily access insights on performance and fuel consumption across all ships in...

Royal Arctic Line saves fuel with intelligent IoT technology
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Royal Arctic Line saves fuel with intelligent IoT technology

Container ship Malik Arctica, part of the Royal Arctic Line (RAL) fleet has achieved a 10 per cent reduction in fuel consumption by installing Frugal Technologies’ intelligent IoT technology. As a result, RAL intends to install the system on more ships in the fleet. With a new patented and class-approved on-top system for intelligent engine...