Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
‘Emerald’ design offers a lighter and environmentally friendly ship as project exceeds fuel-saving targets
Lloyd’s Register and Shanghai-based Bestway Marine Engineering Design have completed their joint-industry project to develop a trend-setting environmental bulk carrier, with results far exceeding expectations.
According to the provisional data from the project, the new design for a 35,000 Dwt bulk carrier will achieve an 18% improvement in environmental efficiency over comparable previous versions when measured against the IMO’s Energy Efficiency Design Index, a method by which a ship’s CO2 efficiency is measured.
“This project clearly demonstrates what can be achieved through the power of technical co-operation,” said Nick Brown, Lloyd’s Register’s Country and Marine Manager, China. “It showcased our technical expertise and ability to provide timely insights and support to innovative designers such as Bestway right from the initial design stage. This project also highlighted the leadership Bestway is taking in the area of ship design. We are confident about working together again with Bestway on safe and efficient designs in the future.”
More details on this story can be found HERE
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,952 members that receive our newsletter.
Have a news tip? Let us know.
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign UpMaritime and offshore news trusted by our 105,952 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up