Energy Efficiency

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Energy efficiency optimisation in practice

George Dimopoulos, Principal Research Engineer, DNV GL Maritime gave a presentation focusing on ‘’Energy efficiency optimisation in practice’’ during the 2016 SMART4SEA Forum. He explained DNV-GL’s approach and experience on assessing and improving the energy efficiency of ships in practice. He highlighted how important is to ensure quantification and insight to both systems and operations for the efficiency of maritime assets. He also presented DNV GL’s computer-based framework COSSMOS and its application to produce tangible efficiency improvements to both newbuildings and ships in service.

ESSF Smart Financing Tools

Panos Yannoulis, President, Oceanking introduced to the audience the ‘’ESSF Smart Financing Tools’’ during the 2016 SMART4SEA Forum. He explained that the European Sustainable Shipping Forum (ESSF) was created by the European Commission in 2013 with the aim to foster sustainable maritime transport. Its work is divided in sub- groups such as the Sub-group on Financing Aspects which is currently in the process of “calibrating” an innovative Green Shipping Financing Tool (GSFT). The main idea of the GSFT is to find “smart” ways to overcome main existing barriers for commercial banks to finance the introduction of “green” technologies which are required to meet challenging international and European environmental regulations.