The Project Forward initiative led by Athens-Based Arista Shipping, with Finnish Wärtsilä as one of the participants, demonstrates that with LNG as fuel, an advanced hull design, and highly efficient propulsion machinery, it will be possible to meet the IMO’s target for a 40% reduction in carbon intensity by 2030.
During its latest Annual Summit in Hong Kong on 3-4 October 2018, the Global Maritime Forum presented its Global Maritime Issues Monitor 2018 report, in which maritime leaders ranked ‘energy efficiency’ and ‘choice of emissions reduction strategies’ as most likely to influence the sector in the next 10 years.
A consortium of key international industry key players in smart technology has joined forces to radically improve performance of container ships and forming a new business model for this market, in response to shipping’s weak economic and ecological performance.
Hitachi Europe Ltd., a subsidiary of the Tokyo-based technology company Hitachi, has partnered with Stena Line, one of the largest shipping companies in Europe, to implement artificial intelligence technology on ships to reduce fuel consumption costs, in a bid to boost the company’s efforts to minimise environmental impact.
Monaco has acceded to MARPOL Annex VI, the IMO treaty covering emissions from ship exhausts and energy efficiency. The instrument limits the main air pollutants contained in ships exhaust gas, including sulphur oxides and nitrous oxides, and prohibits deliberate emissions of ozone depleting substances.
Machine learning, already widely spread in numerous areas of digital life, the financial sector and science, is also finding its way into industrial and shipping applications, argues Dr. Panos Theodossopoulos, CEO Propulsion Analytics.
A new paper addresses the impact of periodic hull cleaning on oil tankers concluding that periodic hull cleaning leads to a significant reduction in the daily fuel consumption and hull cleaning energy efficiency effect is greater when the vessel is sailing laden rather than in the ballast condition.
Improved energy efficiency in shipping means use of less fuel, leading to less harmful emissions to the environment. In this context, IMO is leading the Global MTCC Network initiative, funded by EU, with Maritime Technology Cooperation Centres built in targeted regions promoting technologies to improve energy efficiency in the maritime.
Hong-Kong based Wallem Ship Management shared best practices with respect to energy efficiency on ships, including energy saving systems onboard that reduce environmental footprint, as well as energy efficiency management, such as weather routing or trim optimization.
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