• 2018 October 18 13:30

    Project Forward paves the way for meeting IMO’s reduction on CO2 emissions

    The Project Forward initiative led by Athens-Based Arista Shipping, with 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 percent reduction in carbon intensity by 2030, Wärtsilä said in its press release.

    Model tests of the Project’s concept vessel indicate that the Energy Efficiency Design Index (EEDI) is well below the currently most stringent Phase III level. The EEDI reflects the CO2 emissions per transport work and is a measure of carbon intensity. EEDI Phase III is applicable to ships built after 2025 and signifies a 30 percent reduction from the 2008 reference level.

    The IMO has also announced that efforts should be made for a possible further reduction in CO2 emissions per transport work of up to 70 percent by 2050.

    One commonly discussed way to reduce such emissions has been to limit the propulsion engine power, but this would require a significantly lower service speed, resulting in a serious impact on the chain of logistics.

    Project Forward shows that this 70 percent reduction in CO2 emissions target can be met, even without lowering service speeds, through the use of carbon neutral fuels mixed with LNG. Such carbon neutral fuels can be transported, stored, and consumed in a similar way to that of fossil LNG.

    “Through the advanced engine technology available today, LNG has a clearly superior well-to-wake emissions profile compared to liquid fuel. LNG appears not as a transition fuel, but the fuel of tomorrow and for many years to come,” says Antonis Trakakis, Technical Director at Arista.

    The concept vessel’s hull form has been optimised in cooperation with Finnish ship designer Deltamarin and classification society American Bureau of Shipping (ABS). “Deltamarin has a long history in energy-efficient ship designs where hull form development has always been one of the spearheads,” says Tommi Hietamäki, Project Engineer at Deltamarin.

    “The efficient propulsion design concept for Project Forward is based on a novel arrangement featuring just two highly efficient Wärtsilä 31DF engines without auxiliary gensets. The project is totally in line with Wärtsilä’s Smart Marine vision that foresees an era of concept solutions delivering optimal efficiency, safety, and environmental sustainability,” says Johnny Kackur, General Manager, Wärtsilä Marine Solutions.

    “As a global leader in gas, ABS is collaborating with innovative companies and organisations to support the delivery of technologies that minimise the environmental impact of shipping,” says Elias Kariambas, ABS Regional Business Director, Greece. “The Project Forward vision to create an efficient, environmentally-protective, long-haul bulk carrier is perfectly consistent with the ABS mission, and we are proud to contribute to the joint effort.”

    In addition to Arista Shipping, Deltamarin, ABS and Wärtsilä, the French LNG membrane containment system designer GTT is also involved in the project. The vessel is fitted with an LNG tank positioned midships.

    Wärtsilä in brief:
    Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.




2019 April 22

14:45 Newspaper of Sea Port of St. Petersburg receives Best Corporate Edition 2018 Award
14:27 MOL to install AR navigation system on 21 VLCCs
14:26 Spot market price for Russian M100 product ended week lower at an average of RUB 19,431 pmt
13:07 Nobel Bros Shipyard re-launches refurbished pusher OTA-953
13:01 Seadrill Partners LLC receives early termination notice for the West Capricorn contract
12:06 Rosmorport invites to submit proposals for LS marine fuel supply at Sakhalin based Port of Shakhtersk
12:00 BP and partners sanction $6 billion Azeri Central East development offshore Azerbaijan
11:10 Int’l Neva 2019 Expo to present the hall of small crafts building achievements
11:00 Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture
10:26 Crude oil futures soar to $ 73,81 (Brent) and to $ 65,53 (WTI)
10:05 DEME Offshore announces Moray East wind farm Tier One suppliers
09:58 Eni, CDP, Fincantieri and Terna join forces to develop power plants on an industrial scale
08:25 Mitsubishi Shipbuilding holds christening ceremony for next-generation LNG carrier "Diamond Gas Sakura"

2019 April 21

15:38 WheelHouse names Ian Morris as Vice President of Operations
14:34 CMA CGM to implement FAK rates from West Med, Adriatic, Black Sea and East Med to Far East, Middle East Gulf and Red Sea
12:37 USCG offloads 970 pounds of cocaine and 550 pounds of marijuana
11:31 CMA CGM hikes rates on Asia to Kenya, Tanzania service
11:07 Kinder Morgan raises dividend by 25%, announces Q1 2019 results

2019 April 20

16:31 CMA CGM announces FAK rates for Asia - the Middle East Gulf trade
15:02 MOL pledges support for Mozambique in wake of devastating cyclone
14:42 USCG Cutter Waesche crew returns home after 95-day counter-narcotics patrol
13:27 CMA CGM announces FAK rates for Asia to Pakistan / India / Sri Lanka trade
13:12 Carnival Cruise Line, CFVI unveil revitalized Griffith Park in St. Thomas for local children
12:26 BC Ferries celebrates Earth Day with the return of the Spirit of Vancouver Island
11:04 Certification of Arkona offshore wind farm by DNV GL confirms safe and reliable power supply
10:49 Navios Maritime Acquisition Corporation announces $103.2 million sale and leaseback transaction
10:38 Boskalis acquires EUR 75M dredging contracts in Indonesia

2019 April 19

18:07 Keppel posts net profit of S$203M in 1Q 2019
17:28 Passenger Port of Saint-Petersburg to complete Phase 1 of Berth No7 reconstruction in summer 2019
17:04 Saudi Aramco partners with the Saudi Contractors Authority fostering collaboration at ‘Future Projects Forum’
16:57 BAE Systems Jacksonville secures Navy's conntract mod for DDG 117
15:04 Hyundai LNG Shipping announces order for one VLGC at HHI
14:55 Marina for 100 yachts to be built in Feodosia by Firm “TES” LLC
14:10 C-Fenna successfully completes Fugro 1200 jackup towing operations
13:32 ESPO congratulates Port of Huelva for renewing EcoPorts’ environmental management standard
13:07 Spirit of Vancouver Island vessel returns to service after mid-life upgrade including conversion to natural gas
12:44 New High Bay Container Storage system launched as “BOXBAY”
12:10 ABS teams with industry leaders to improve container vessel safety
11:39 Port Arthur LNG receives FERC authorization for export project in Texas
11:08 Dual-fuel AET tankers conduct maiden LNG bunkering
10:43 Largest barge of Azerbaijan Caspian Shipping Company undergone overhaul
10:19 Brent Crude futures price is down 0.04% to $71.95, Light Sweet Crude – up 0.38% to $64
09:56 Bunker prices are sable at the port of Saint-Petersburg, Russia (graph)
09:35 TransContainer’s transportation volumes in Q1’2019 increased by 7.7% Y-o-Y to 492,000 TEUs
09:17 Baltic Dry Index is up to 790 points
07:42 GTT receives an order from DSME for the tank design of a new LNG carrier

2019 April 18

18:36 South Stream Transport B.V. and Saipem announce the amicable settlement of mutual differences
18:06 Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm
17:36 WinGD reports strong first quarter 2019
17:11 Launching ceremony held for eighth shallow-draft barge of Project ROB20
17:05 SOFEC completes engineering, supply and delivery of mooring system
16:26 Port of Murmansk to welcome eight cruise liners in summer season of 2019
16:05 Cooperation agreement between Eimskip and Royal Arctic line approved by the Icelandic Competition Authority
15:44 Navios Acquisition announces $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers
15:12 Nefteflot laid down two barges of Project RDB12 ordered by STLC
15:10 MOL to acquire strategic stake in six group companies, each owning a Very Large Ethane Carrier
14:40 Port of Rotterdam freight throughput grows by 5.1% in first quarter of 2019
13:44 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:03 Biggest European shipbuilders collaborate on vessel connectivity in project Code Kilo
12:49 NOVATEK reports preliminary operating data for the first quarter 2019