Energy Efficiency

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Energy Efficiency Focus Fuels New Shipping Strategies on First Day of Posidonia 2012

Posidonia 2012 , 4-8 June, Greece As persistent high oil prices and the burden of increased regulatory compliance have rendered energy management strategy development crucial for fleet owners worldwide, the shipping industry is on the verge of a new frontier where novel concepts and sophisticated approaches to ship design and performance verification methods emerge.The world's major ship building nations agree that a combination of a stubborn global recession and high fuel prices which affect global trade and impact newbuilding orders require innovative thinking, creative strategies and investments in R&D to create the foundations for a new generation of shipping infrastructure which will be more resilient to fluctuating heavy fuel prices and more adaptable to alternative forms of energy."Market conditions are not very good at the moment and there doesn't seem to be a quick-fix solution to the challenges facing the global shipping sector," said Oh-Yoon Kwon, General Manager of the International Cooperation Department for the Korean Shipbuilders' Association (KOSHIPA), which is represented at this year's Posidonia exhibition with eight of its nine members. First-time Posidonia exhibitor Dae Sun is one of Korea's ship yards which has felt the pinch from the reduced number of newbuilding orders from Greek shipowners.Greek or...

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Safety4Sea Energy Efficiency Survey : Your opinion matters!

Learn how to participate at Safety4Sea's new survey Welcome to our Energy Efficiency Survey !Energy Efficiency is considered a key issue for the industry at the moment.The momentum is critical. We have a set of measures adopted by IMO back on July 2011 due for implementation by 1/1/2013 and there is an ongoing debate at IMO/EU/UNFCCC level on the extend and details of a set of market based measures to be implemented.We would like you to share your thoughts with us and make your opinion to be heard loud and clear to within the industry. We feel that by enhancing communication between stakeholders in the market the progress towards sustainable shipping.We will have the survey up and running for the next months through:E-mailsFaxesDedicated Survey section at the Safety4Sea.comResult of the survey will be analysed and communicated/posted tosafety4sea.comAll industry round table associations for their review and perusal on completion of the surveyForthcoming Safety4Sea Forum, scheduled for March and October in AthensAppreciate to take less than five (5) minutes of your time to have your thoughts voiced over accordingly.You may participate to this survey by:Completing and returning subject questionnaire by Fax at +30 210 4520182Completing and returning subject questionnaire by e-mail Click...

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Regulations to improve the energy efficiency of international shipping enter into force

New regulations aimed at improving the energy efficiency of international shipping entered into force on 1 January 2013. The amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) were adopted in July 2011.They add a new chapter 4 Regulations on energy efficiency for ships to MARPOL Annex VI, to make mandatory the Energy Efficiency Design Index (EEDI), for new ships, and the Ship Energy Efficiency Management Plan (SEEMP) for all ships. Other amendments to Annex VI add new definitions and the requirements for survey and certification, including the format for the International Energy Efficiency Certificate.The regulations apply to all ships of 400 gross tonnage and above. However, under regulation 19, the Administration may waive the requirements for new ships up to a maximum of 4 years.The EEDI is a non-prescriptive, performance-based mechanism that leaves the choice of technologies to use in a specific ship design to the industry. As long as the required energy-efficiency level is attained, ship designers and builders would be free to use the most cost-efficient solutions for the ship to comply with the regulations.The SEEMP establishes a mechanism for operators to improve the energy efficiency of ships. Ships are required to keep...

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Teekay sets new standards in energy efficiency

2012 Sustainability Report shows 13% GHG decrease Founded in 1973, Teekay is one of the world's largest marine energy transportation, storage and production companies. Sustainability is central to Teekay values and means ensuring success in all aspects of business. In addition to financial metrics, performance is evaluated according to the health and success of employees, and impact on the environment.Environmental management systems are certified to the international ISO 14001 standard, and Teekay invests significant resources in lowering emissions and optimizing energy efficiency.Greenhouse Gas ManagementDue to concern over the risk of climate change, a number of countries have adopted, or are considering the adoption of, regulatory frameworks to reduce greenhouse gas (GHG) emissions. These measures include, among others, adoption of cap and trade regimes, carbon taxes, increased efficiency standards, and incentives or mandates for renewable energy. Teekay recognizes this trend and is acting accordingly to stay current with these developments.In 2012, the greenhouse gases created from company's global operations decreased from 5,178,226 metric tonnes in 2011 to 4,498,030 metric tonnes. This decrease is mostly due to lower fuel consumption in the conventional fleet. Ongoing slow steaming, the usage of favorable ocean currents, and the installation of Propeller Boss Cap Fins in...

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China MSA: Regulation on data collection for energy consumption of vessels

UK P&I Club advises members that a new regulation on data collection for energy consumption of vessels has been enacted by the Chinese Maritime Safety Administration, which was put forward on January 1, 2019. According to the new regulation, applicable vessels calling at Chinese ports are to submit to the MSA the 'Data Report Format for Energy Consumption of Ships', and providing information on the last voyage, prior to their departure from the port.

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