fuel consumption

Fuel performance monitoring in real life: problems and solutions

13/05/20

During the 2020 SAFETY4SEA Limassol Forum, Giampiero Soncini, Marine Division – Chief Executive Officer, IB Marine, focused on fuel management on board ships, commenting that efficient fuel monitoring can be achieved through digitalization. Sharing the strengths of digitalizing onboard data, he concluded that fuel performance is different in theory and in practice, given that the majority of vessels are old, and that digitalization needs planning in order to be effective.

EIA: US natural gas consumption achieves record in 2019

05/03/20

The US Energy Information Administration reported that the US natural gas consumption rose by 3% in 2019, achieving a record of 85.0 billion cubic feet per day (Bcf/d). The increase was due to new natural gas-fired electric capacity and lower natural gas prices.

A rapid pivot to gas needed to deal with global demand, report says

04/03/20

An international energy consultancy launched the “Rapid pivot to gas” report highlighting that turning to gas will be the solution to deal with the increasing global energy demand. This assumption expects the phasing out of coal and oil in response to vehicle electrification and environmental pressures, along with a rapid and robust increase in renewable production.

Wärtsilä-led consortium pursue greater fuel efficiency through EU-funded project

03/03/20

Wärtsilä, technology group, along with a consortium with six more industry and academic partners, received an award funded by the EU for a project aimed at reducing fuel consumption and decreasing emission levels for the shipping industry.

PGS partners with Cognite for digitalization project

18/02/20

Cognite collaborates with Petroleum Geo-Services (PGS) on a digitalization project, to optimize the performance of its fleet, the energy consumption, as well as the maintenance. To improve data driven insights and efficiency, the two partners launched two digitalization work streams aimed to strengthen PGS’s fleet performance.

Owners, charterers: Voyage efficiency savings of 28% are possible

13/02/20

A recent survey found out that the shipping industry sees a vast potential reduction in fuel consumption, while owners, managers, operators and charterers felt that on average, it was possible to reduce 28% of their fuel consumption – a figure that aligns with some recent studies on voyage optimisation.

Intra Mare, GreenStream to reduce GHG emissions

11/02/20

Intra Mare announced that will provide its support to the GreenStream’s machine learning-based vessel performance optimisation software in Greece. Specifically, the machine platform will use all the available data to measure vessels’ fuel consumption in order to boost their performance by saving fuel cost and reducing emissions.

IEA: CO2 emissions from fuel combustion reach new heights

14/01/20

After three years of stability, global CO2 emissions from fuel combustion started rising again in 2017, reaching 32.8 billion tons, according to data provided by IEA in late 2019. Provisional data show they grew even faster in 2018.

New white paper explores VLSFO challenges for lubricant performance

09/01/20

The additive chemistries found in traditional marine diesel cylinder lubricants may not suffice for the challenges of handling VLSFO blends, said US-based Lubrizol Corporation in a new white paper, after extensive research into new fuels. 

Drewry issues fuel advisory services assisting shippers, forwarders

08/01/20

Drewry launched a new range of fuel advisory and management services, commenting that they are ‘designed exclusively for shippers and forwarders’, at a time when fuel quality and compliance play a crucial role in the shipping industry.