Cookies help us deliver the best experience on our website. By using our website, you agree to our use of cookies Dismiss

MOL Nordic Tankers extends trial of bunker optimisation solution

MOL Nordic Tankers has decided to extend the trial of BunkerMetric's fuel management and planning tool that it has been piloting on five of its vessels since the end of 2018. 

{mprestriction ids="1,2"}BunkerPlanner is a tool to help shipowners and operators make bunkering decisions and ensure they obtain compliant and cost-efficient fuel, based on the trade route of each individual vessel, the price of fuel, how much fuel the vessel uses, the planned port for bunkering, and other factors. BunkerPlanner then suggests the most economical way for the operator to purchase bunkers for any vessel on its planned voyage. By optimising the fuel procurement process, BunkerMetric estimates between two and four per cent fuel savings can be achieved.

The Danish company that developed BunkerPlanner allows operators to pilot the technology before committing to purchase.

Andreas Sund Poulsen, VP Global Operations, commented: “The shipping industry is going through a rapid digitalisation, and it is critical that we embrace these new technologies and innovations to help manage the challenges that we face as the sector evolves.

“Access to data that can provide real insights into our fuel procurement strategy, and help us to make informed decisions on how, when and where we buy our fuel in a way that reduces our overall fuel spend is invaluable; particularly as we move into 2020 where the price of fuel will inevitably rise, in conjunction with the added pressures of consistency in product availability and quality.”{/mprestriction}

Related items

  • Fuel choice the essential decision in shipping's decarbonisation, finds DNV GL

    DNV GL – Maritime has released the fourth edition of its Maritime Forecast to 2050. The purpose of Maritime Forecast to 2050 is to enhance the ability of shipping stakeholders, especially shipowners, to navigate the technological, regulatory and market uncertainties in the industry, and set shipping on a pathway to decarbonisation. It is based on a library of 30 scenarios which project future fleet composition, energy use, fuel mix, and CO2 emissions to 2050. Sixteen different fuel types and 10 fuel technology systems are modelled in the report.

    “The grand challenge of our time is finding a pathway towards decarbonisation,” said Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime. “Reducing GHG emissions is rapidly becoming the defining decision-making factor for the future of the shipping industry. The pressure to act decisively is mounting. Perfect is the enemy of good, and so we mustn’t wait for an ideal solution to arrive and risk making no progress at all. Using a wide range of scenarios involving different fuel types and technologies, and varying degrees of regulatory pressure, our new report helps to map a way forward, offering shipowners clear insights on how to meet the challenges and opportunities ahead.”

    The Maritime Forecast identifies the choice of fuel as the essential factor in decarbonising shipping. The industry is at the beginning of a transition phase, with many potential options emerging alongside conventional fuels. This increasingly diverse fuel environment means that engine and fuel choice now represent potential risks that could lead to a stranded asset. Factoring in the impacts of availability, prices and policy, on different fuels, makes the choice even more complex.

    To capture this complexity and help make this picture clearer the Maritime Forecast offers a wide range of scenarios, outlining the potential risks of a particular fuel choice. To make the ramifications concrete, alongside the pathways, the Maritime Forecast includes detailed analysis of a Panamax bulk carrier newbuilding. By stress testing technology decisions under the various pathways and scenarios, the Forecast presents potential performance and the carbon robustness of the various design choices.

    The 30 scenarios result in widely different outcomes for the fuel mix in the fleet. In the scenarios with no decarbonization ambitions, very low sulphur fuel oil, marine gas oil and LNG dominate. While under the decarbonization pathways, in 2050 a variety of carbon-neutral fuels holds between 60 per cent and 100 per cent market share.

    Under the decarbonisation scenarios it is hard to identify clear winners among the many different fuel options. Fossil LNG gains a significant share until regulations tighten in 2030 or 2040. Bio-MGO, e-MGO, bio-LNG and e-LNG emerge as drop-in fuels for existing ships. By 2050, E-ammonia, blue ammonia and bio-methanol frequently end up with a strong share of the market and are the most promising carbon-neutral fuels in the long run.

    A surprising result from the model is the relative limited uptake of hydrogen as a ship fuel, as a result of both the estimated price of the fuel and the investment costs for the engine and fuel systems. Hydrogen, however, plays an integral role as a building block in the production of several carbon-neutral fuels such as e-ammonia, blue ammonia and e-methanol, all of which gain significant uptake under the decarbonization pathways. It may also find niche applications in some vessel types, such as ferries and cruise vessels, as well as in specific regions where investments have been made into local production and distribution.

    The Maritime Forecast to 2050 is part of a suite of Energy Transition Outlook (ETO) reports produced by DNV GL. The ETO has designed, expanded and refined a model of the world’s energy system encompassing demand and supply of energy globally, and the use and exchange of energy between and within ten world regions.

    The full Maritime Forecast to 2050 can be downloaded here.

  • Danish trio collaborate to develop digital route optimisation solution

    Weilbach, Vento Maritime and Force Technology have joined forces to develop a new digital route optimisation solution.

  • Klaveness expands contract with Veracity by DNV GL

     

    veracity

    The MV Balboa

    Klaveness Ship Management has expanded its contract with DNV GL after a successful pilot of the DNV GL Veracity platform.

    The contract expansion will see another eight Klaveness vessels use Veracity. According to the companies, the pilot project, which began in 2019, indicated that a reduction in fuel consumption was possible by combining and visualising operational, positioning and engine data.

  • Golden Energy Offshore teams up with KONGSBERG to cut fuel consumption by 20 per cent

    Norwegian advanced Offshore Service Vessel (OSV) owner and operator Golden Energy Offshore has cut fuel consumption by 20 per cent by collaborating with Kongsberg Maritime on vessel performance monitoring and installing KONGSBERG’s SAVe Energy battery system.  

  • German ship manager signs up 55 vessels to Tekomar XPERT for fleet

    Hamburg-based ship manager CPO Containerschiffreederei (CCPO) has secured a contract for ABB Ability Tekomar XPERT for its fleet of 55 vessels.

Joomla SEF URLs by Artio

Login/Register

Register or Login to view even more of our content. Basic registration is free.

Register now

Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.

 

Address:
Digital Ship Ltd
Digital Ship - Digital Energy Journal
39-41 North Road
London
N7 9DP
United Kingdom

Copyright © 2020 Digital Ship Ltd. All rights reserved           Cookie Policy         Privacy Policy