Partnership for bulkers advanced decarbonisation modelling capabilities
(Posted on 02/06/23)
Technology group Wärtsilä will partner with Transworld Group to apply the most advanced decarbonisation modelling capabilities to the bulk carriers sector of Orient Express lines of Dubai, owned by Transworld Group and Managed by Transworld Ship Management (TWSM), one of India's premium private sector ship management firms. The aim of the project is to provide decision-making support by simulating the impact of efficiency upgrade technologies on the vessel’s environmental performance. The order with Wärtsilä was booked in December 2022.
By creating and validating a digital model of the ‘TBC Prestige’ based on measured real-life data, various technology solutions can be simulated and assessed. The technology simulations will indicate their effect on emissions profiling, the impact on the ship’s Carbon Intensity Indicator (CII) rating, and Return on Investment (ROI) calculations. This is the first such modelling project for the Indian maritime market. The modelling is part of the Wärtsilä’s Decarbonisation Services offering.
“We are determined to explore all options for decarbonising our fleet operations. Wärtsilä’s modelling capabilities will allow us to determine the best way forward for achieving our sustainability ambitions in the most cost-effective and efficient way possible. The ‘TBC Prestige’ was chosen for this project as we have ten similar bulk carrier vessels in our fleet,” says Sanjiv Kumar, Chief Executive Officer, Transworld Group.
“Wärtsilä is the only equipment supplier able to provide this kind of service with full in-house capabilities. It is a value-adding service from a company with vast experience and know-how in meeting the marine sector’s complex environmental regulatory requirements. We applaud Transworld Ship Management for their vision in seeking an optimal decarbonisation solution,” says Sachin Kulkarni, General Manager, Marine Business Sales for South Asia, at Wärtsilä.
Among the technologies to be examined in this project are a new optimised propeller, Wärtsilä’s Energoprofin, an energy-saving propeller cap, a shore power solution, and a shaft generator system. TWSM and Wärtsilä have established a long-term relationship with various lifecycle services and solutions having been previously delivered.
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.
Latest News
Former INTERCARGO Chairman, Dr Spyros M Polemis, passes away
(Posted on 24/07/24)INTERCARGO, the association of dry bulk shipping companies, has released the following statement:&ldquo... Read more
Joint study of ammonia fuelled bulk carriers
(Posted on 22/07/24)ITOCHU Corporation, ClassNK, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (... Read more
WISTA UK celebrates 50 years of championing diversity and inclusion
(Posted on 22/07/24)The Women's International Shipping & Trading Association UK (WISTA UK) marked its 50th anniversary... Read more
Accidents on ships under scrutiny as InterManager submits statistics to IMO
(Posted on 16/07/24)Accidents onboard ships are not decreasing, according to latest accident statistics submitted to the... Read more
Solutions required for FuelEU Maritime rules compliance, says Columbia
(Posted on 16/07/24)Solutions must be in place to help ship owners with navigating the complex challenges of complying with... Read more
Boers committed to diversity with relocation of Filipino employees to Germany
(Posted on 16/07/24)Diversity and nurturing talent is high on the agenda for BCS Group – Boers Crew Services as it... Read more
INTERCARGO joins industry calls for IMO to amend flaws in CII
(Posted on 12/07/24)With discussions regarding the IMO’s (International Maritime Organization) Carbon Intensity Indicator... Read more
ICS Türkiye branch celebrates its inauguration in Istanbul
(Posted on 12/07/24)The Institute of Chartered Shipbrokers (ICS), the professional body for the commercial shipping industry... Read more
Columbia Group and Crowley forge strategic US alliance
(Posted on 12/07/24)Columbia Group and Crowley have signed a strategic cooperation agreement that broadens both companies... Read more
Inmarsat report advocates data sharing to address preventable incidents
(Posted on 04/07/24)The 2024 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat company, reveals... Read more
