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SAFETY4SEA

New partnership formed to boost ship fuel efficiency

by The Editorial Team
September 27, 2022
in Emissions
Boost Ship Fuel Efficiency

Credits: Shutterstock

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MOL, MOL Techno-Trade, and Akishima Laboratories announced that they have formed a strategic partnership to progress fuel efficiency of MOL Group-operated vessels and minimize vessels’ greenhouse gas (GHG) emissions.

Through this partnership, a special taskforce about 30 project specialists from the three companies will be involved to pursue fuel efficiency and further reduce GHG emissions from vessels immediately.

The partnership has set a clear target to achieve a 5% improvement in fuel efficiency by end of fiscal year 2024 through synergetic collaborations with EcoMOL, which was established in the Philippines in May, with the goal of promoting vessel operating efficiency.

Specifically, the partner companies will comprehensively examine the different characteristics and conditions of every vessel, and combine 18 different types of measures, encompassing optimal trim, advanced low friction & antifouling paint usages, optimal propeller retro-fittings, best ESD combinations studies, and introduction of various energy-saving technologies and equipment in a timely manner.

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In addition, the scope will expand to each vessel’s optimal maintenance revision not limited to dry-docking maintenance but also other timings such as during berthing/anchoring so that the companies can utilize every opportunity to improve vessels performance.

Furthermore, the companies will expand their projects in an effective and systematic manner through conducting highly accurate analysis, validation of the effects, and continuous improvements in line with the PDCA cycle, utilizing highly granular operational big & rich data which is readily available from the equipment already installed to vessels in FOCUS project, and steering an engineering-based approach.

The MOL Group set mid-to-long-term targets to reduce GHG emissions intensity in marine transport by approximately 45% by 2035 and achieve net zero GHG emissions by 2050 through five strategies which includes boosting operational efficiency in “MOL Group Environmental Vision 2.1.” Through the strategic partnership, the MOL Group will carry forward fuel efficiency and GHG reduction from ships and contribute in achieving a low-carbon and decarbonized society.
Tags: decarbonizationfuel efficiencyGHGgreen practicesMOLreducing shipping emissions

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