Tag: Fuel Savings

GreenSteam delivers double-digit fuel savings
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GreenSteam delivers double-digit fuel savings

GreenSteam, a company that provides machine learning based vessel performance solutions, has reportedly achieved double-digit fuel savings for its customers. GreenSteam’s machine learning based Discover solution and associated services analyse whole or partial fleets for potential fuel savings and help customers to set plans and targets to assist with investment decisions. An initial data-based survey...

Fuelling efficient shipping with Dutch start-up We4Sea
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Fuelling efficient shipping with Dutch start-up We4Sea

“If you can save 1 per cent of fuel, you already have a business case for fuel monitoring,” claims Dan Veen, CEO and co-founder of maritime start-up We4Sea.Veen and his co-founder Michiel Katgert, have a bold mission. They want to save 1 million tonnes of CO2 and drive sustainable shipping by making fuel efficiency monitoring...

Financing fuel-efficient shipping
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Financing fuel-efficient shipping

The 2008 financial crisis hit the shipping industry with a cut in available credit and unfavourable freight rates. In the last decade, the top 10 lenders have reduced their shipping loan books by US $50 billion[1], leaving shippers with limited access to capital. Now, oil prices are rising and the IMO 2020 sulphur cap looms,...

Four maritime start-ups to watch out for in 2019
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Four maritime start-ups to watch out for in 2019

The 2020 global sulphur cap is less than a year away and fuel efficiency is high on the shipping industry’s agenda. Cutting fuel consumption and emissions is vital to meet regulation, remain competitive, and work towards a reduction in overall greenhouse gas emissions. Here are four start-ups to watch out for in 2019 that have...

HullWiper partners with Immersub to tackle biofouling
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HullWiper partners with Immersub to tackle biofouling

HullWiper has signed an agreement with Indian Ocean-based underwater hull cleaning specialists Immersub, marking its first step into the African continent. HullWiper’s Remotely Operated Vehicle (ROV) uses adjustable seawater jets under variable pressure to remove fouling. No brushes or divers are required, minimising the risk of damage to hull coatings and to human life. Removed...

Virtual fuel metres reduce shipping’s emissions
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Virtual fuel metres reduce shipping’s emissions

New research shows that virtual fuel metres can help the shipping industry to reduce emissions and its fuel consumption. The research was carried out by Fredrik Ahlgren, doctor of maritime sciences at Kalmar maritime academy at Linnaeus University. He combined data from ships’ engines and machines when operating and used machine learning to create virtual...

Hydrogen powered Energy Observer fitted with wingsail technology
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Hydrogen powered Energy Observer fitted with wingsail technology

Energy Observer, the first hydrogen-powered vessel, has been equipped with Oceanwings wingsails. Wingsails is a hybrid propulsion system comprised of a composite 12m high mast and two 32m2 sails. The technology will reduce Energy Observer’s energy expenditure between 18 and 42 per cent. Wingsails are designed by VPLP Design and jointly developed and manufactured at...

Automating propulsion for fuel performance gains
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Automating propulsion for fuel performance gains

Rising concerns around the environmental and health impacts of transport combined with increasing oil prices and international regulations means charterers are placing additional pressure on shipowners to be more efficient. Many vessels today are also running at speeds for which they were not designed for, exacerbating operational inefficiencies. Shippers are faced with a market of...

I-Tech receives 36m SEK order for Selektope antifouling
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I-Tech receives 36m SEK order for Selektope antifouling

Swedish company I-Tech has received a supply order of its antifouling ingredient Selektope from Chugoku Marine Paints (CMP). The order is worth 36 million SEK (3.9 million USD). Selektope is an organic, non-metal molecule that works by stimulating the receptors of any barnacle larvae as they come in to contact with it on the surface...

Grimaldi opts for Rolls-Royce hybrid propulsion systems
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Grimaldi opts for Rolls-Royce hybrid propulsion systems

Grimaldi Group has confirmed Rolls-Royce Marine will provide hybrid propulsion systems for nine newbuild vessels being built at the Nanjing Jinling Shipyard, China. The nine Ro-Ro vessels will be powered by batteries when in port and a combination of batteries and conventional fuels when sailing. The delivery from Rolls-Royce includes steering gears and the Promas...

GreenSteam launches next generation of fuel analysis platform
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GreenSteam launches next generation of fuel analysis platform

GreenSteam has launched the next generation of its GreenSteam Manager (GSM) platform that offers advice on fuel efficient shipping. GSM uses machine learning to build a precise vessel performance baseline. It calculates how much fuel is wasted and where, the cost of this, and analyses specific problem areas such as hull fouling and trim. All...