Singapore-based ship owner Pioneer Marine entered the dry bulk sector in 2013 on the only upswing the industry has seen in the past three years, and since then it has crashed to the lowest levels in three decades.
For CEO Pankaj Khanna, finding ways of reducing the daily operating expenses of his twelve Handysize geared bulk carriers that are currently under construction at Yangzhou Guoyu Shipbuilding will produce tangible results. In such an over supplied market, this could mean the difference between a profitable business, or one that isn’t.
Firstly, Pioneer Marine chose the GREEN DOLPHIN design from the naval architects at SDARI and DNVGL which features energy-saving enhancements, a Tier II-compliant Wartsila long-stroke, low-speed main engine and a large-diameter slow-rotating propeller, in addition to an optimized hull form.
The second part of the equation is enhancing the way these ships are operated while at sea.
Upon delivery in 2015 and 2016, Pioneer Marine’s bulk carriers will feature a Ship Energy Efficiency Management Plan (SEEMP)-compliant fuel monitoring system developed by Amarcon, an ABB Group company. This system, called OCTOPUS-Onboard, consists of Coriolis flow sensors, a Torductor torque measurement system and a software solution that supports the crew in decision-making and enables them to optimize the fuel efficiency of the vessel.
This system was developed by Dutch entrepreneur Leon Adegeest and it allows vessel operators to monitor and give insight to the effect on fuel consumption of a change of speed, heading and trim in a given situation. By comparing monitored results over longer periods, says, Adegeest in a 2013 interview with gCaptain, the hull and propeller efficiency can be determined, giving insight in the added resistance to determine the best moment for cleaning and/or re-coating of the hull.
The data collected by this system can also be transmitted ashore for analysis by shore-based personnel.
“The OCTOPUS-Onboard advisory system compliments the Green Dolphin newbuild design and introduces a new dimension to ensuring optimal fuel efficiency. Accurate advice based on the sensor-measured information enables the crew to operate the vessel in the most fuel efficient manner, thus reducing our carbon footprint,” commented Mr. Khanna.
Want to know more about the Green Dolphin design? Click HERE.
SINGAPORE, April 24 (Reuters) – Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet, industry executives said....
ROME (Reuters) – An Italian judge on Friday cleared three migrant sea rescue charities that had been accused of abetting irregular immigration in complicity with human traffickers, throwing out a case opened...
(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,...
April 19, 2024
Total Views: 2190
Why Join the gCaptain Club?
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.