• 2024 September 17 12:41

    Wartsila reports CO2 emission reductions equivalent to annual emissions of 17,000 cars with Fit4Power solution

    Since the first conversion in October 2022, technology group Wärtsilä has reported fuel savings of over 14,000 metric tonnes and CO2 emission reductions of over 45,000 metric tonnes – equivalent to the annual emissions of 17,000 cars – across ten vessels retrofitted with Wärtsilä’s unique Fit4Power solution, according to the company's release.

    With decarbonisation high on the maritime agenda, retrofit technologies, such as Wärtsilä’s Fit4Power solution, have the potential to enable compliance with the rising tide of regulatory requirements. For many ship operators and owners today, the aim is to find flexible solutions that can assure the long-term fitness of fleets in terms of both economic performance and environmental compliance.

    To add to the mounting challenges, operators are having to track against tighter emissions standards such as Carbon Intensity Indicator (CII) and Energy Efficiency Existing Ship Index (EEXI). They also need to cope with disruption caused by geopolitical events and increasingly unpredictable weather conditions. Both of which are having a direct impact on fuel consumption and increase emission levels.
     
    To mitigate these challenges and to extend the emissions-compliant lifetime of merchant vessels, Wärtsilä launched its Fit4Power solution to the commercial market in Spring 2023. The solution provides the existing two-stroke fleet with leaner, healthier and more optimised engines.

    This advanced retrofit solution enables ship owners to reduce the bore size of two-stroke engines by 25 percent, enabling the engine to run at optimal loads and with outstanding fuel and combustion efficiency. This fuel efficiency in turn reduces greenhouse gas emissions. For owners, this will improve the efficiency of their existing fleet, ensuring compliance with CII regulations, and futureproofing assets against future environmental measures.

    Analysis from Wärtsilä shows that without modification, more than 80 percent of the global merchant fleet could fall into the lowest CII rating by 2030, requiring mandatory corrective action and risking losing business to more efficient vessels. The Wärtsilä solution is also a step towards the economical use of alternative fuels to meet future emission reduction targets.
     
    On a per ship basis, the annual potential savings of a vessel retrofitted with Fit4Power are estimated to be 2,000 tonnes of fuel, depending on the vessel’s operating profile, and 6,400 tonnes of CO2 emissions. In monetary terms, operating costs for a ship owner or operator could be lowered by as much as 2.18 million euros in operational expenses annually.

    There are currently 30+ vessels in the scope of delivery for retrofitting with Fit4Power. Ten of these vessels are already converted and have been in operation for up to 20 months.




2024 October 13

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2024 October 12

15:23 SIBCON 2024: Maersk takes methanol bunkers at six locations
13:17 ClassNK awards notation for safe transportation of EVs to Eastern Car Liner's car carrier “Positive Challenger”
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09:56 Vitol sees Singapore biofuel demand roughly doubling every year

2024 October 11

18:00 KPI OceanConnect targets more ports for marine biofuel sales
17:20 Shelf Drilling announces new contracts in West Africa
16:55 K Shipbuilding’s first 50,000 DWT LNG dual-fuel MR tanker delivered to LR Class
16:25 Maritime crime and piracy incidents lowest since 1994 - IMB
15:42 Sumitomo Corporation, “K” LINE and Hilcorp agreed to conduct a feasibility study of CCS in Alaska
15:20 ConocoPhillips Australia contracts Anchor Handling Tug Supply Vessels for the upcoming Otway Exploration Drilling Program in 2025
14:53 Konecranes delivers its largest single order for an Automated Horizontal Transport System to HHLA
14:23 World’s first autonomous, battery-electric ferries propelled by SCHOTTEL
13:42 TotalEnergies signs charter contract with Ibaizabal for new LNG bunker vessel
13:25 Minerva Bunkering acquires Bomin Group, expanding U.S. operations
12:55 Overtime strike begins at the Port of Montreal
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11:30 OGCI, GCMD, Stena Bulk publish report demonstrating technical feasibility of onboard carbon capture and storage technology
11:05 ClassNK awards notation for safe transportation of EVs to EASTERN CAR LINER’s car carrier “POSITIVE CHALLENGER”
10:48 CB&I awarded contract by Saipem Clough JV for ammonia, other process tanks for Perdaman Chemicals and Fertilisers in Western Australia
10:24 HD Hyundai Heavy Industries develops eco-friendly ammonia duel-fuel engine
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2024 October 10

18:00 United States Maritime Administration selects ABS to support a U.S. Center for Maritime Innovation
17:32 IUMI issues best practice recommendations on the use of “flexitanks”
17:02 Russia eyes Indian yards to build four non-nuclear icebreaker ships - ETInfra
16:55 Hanwha wins 1.69 tln-won order for 6 LNG dual-fuel container vessels
16:22 LR and Metcore launch service to certify the accuracy and reliability of the quantity of fuel received via Mass Flow Meters
15:45 Bureau Veritas classifies Europe’s largest inland waterway LNG bunker barge
14:23 NAVISON maps underwater noise levels in all European seas for the first time
13:41 Shell orders 10 MR2 tankers from Guangzhou Shipyard
13:25 Isle of Man Ship Registry expands fleet with four new energy efficient Berge Bulk vessels
12:43 Marubeni Corporation acquires 28% in Gearbulk
12:15 Jan De Nul builds new container quay at port of Valencia
11:31 ONE launches two new Northern Europe/Mediterranean services
11:15 Paradip Port handled 75.17 million metric tonnes of cargo in the current financial year
10:42 Asyad Group delivers trimodal shipment for Petroleum Development Oman from Belgium to Oman
10:13 India invests $25 million in hydrogen hubs to boost green shipping
09:32 Genco to acquire high-specification Capesize vessel

2024 October 9

18:06 Star Bulk announces vessel sale and repurchase of common shares
17:26 QatarEnergy enters 20-year naphtha supply agreement with Shell
17:06 NYK engine facility for testing new fuels begins operation
16:31 Bunker One is set to launch LNG bunker supply in northwestern Europe as of January 2025
16:27 Croatia's Rijeka Gateway terminal to be fully powered by renewable electricity
16:09 LATTICE receives Approval in Principle for LPV tanks and LH2 fuel gas supply system
15:40 Philippine Ports Authority and ICTSI inaugurate largest and first mobile harbor crane in Panay
15:24 Alfa Laval to supply first systems for ammonia-fuelled marine vessels by end of 2025
14:44 ESL Shipping builds a series of fossil-free handysize vessels
14:24 Maersk names latest vessel of its dual-fuel methanol fleet “Alexandra Mærsk” in Felixstowe
13:37 LNG-fuelled vessels accelerate to 6% of the global fleet - SEA-LNG
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12:43 Cosco Shipping profits up 67% in first nine months of 2024
11:23 Singapore and Shandong ink agreement for Green and Digital Shipping Corridor
10:45 Bunker suppliers in Singapore to be required to provide digital bunkering services from 1 April 2025
10:18 GTT receives an order from Samsung Heavy Industries for the tank design of two new LNG carriers
09:51 HD Hyundai to produce key ship electrification part LV VFD in-house

2024 October 8

18:00 Five-year “Float Lab” experiment completed at Port of Oakland
17:31 Turkmenistan prepares to accede to FAL Convention
17:20 Sri Lanka's Hambantota International Port sees 40 pct increase in RORO vehicles
16:57 RAmparts 2300 Harbour Tug SN Cariri delivered to Sulnorte in Brazil
16:47 Glander International Bunkering and Cepsa join efforts to deliver second-generation biofuel to cruise lines in the Mediterranean
15:46 Hong Kong’s international maritime centre launches Hong Kong Chamber of Shipping
15:28 Panama Canal expects over 225 transits during the 2024-2025 cruise season
14:55 Drewry expects 66 LNG carriers to join the fleet this year
14:40 IMO Secretary-General closed of the 82nd session of the Marine Environment Protection Committee
13:51 Korean shipbuilders account for 12% of global ship orders in September 2024
13:16 Malta bans Israel-bound merchant vessel from its waters
12:43 Vard to build one tailor-made Commissioning Service Operation Vessel for Navigare Capital Partners
12:14 Avenir LNG and Eni sign agreement for the multi-year charter of the Avenir Aspiration
11:47 Gasum plans a FuelEU maritime pooling solution together with Wasaline