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
ClassNK releases ‘Prime Shipmanagement Guidelines’
(Posted on 01/05/25)ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable... Read more
MCTC ensures quality remains at top of the table amid global tensions
(Posted on 30/04/25)In the face of unpredictable provisioning costs, port disruptions, and longer lead times MCTC has reinforced... Read more
NORDEN raises full-year guidance for 2025
(Posted on 28/04/25)On the back of the increased gains from sales of vessels and good operational performance, NORDEN, a... Read more
INTERCARGO welcomes ILO recognition of seafarers as key workers
(Posted on 28/04/25)The International Association of Dry Cargo Shipowners (INTERCARGO) has welcomed the recent decision... Read more
MMS advises why seafarers must remain vigilant about malaria
(Posted on 25/04/25)Despite its lack of publicity, malaria remains an ongoing epidemic and a perilous threat to seafarers... Read more
Veson: Bulker S&P activity falls sharply in Q1 2025
(Posted on 22/04/25)Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with... Read more
Britannia Group announces CEO succession plan
(Posted on 22/04/25)The Britannia Group, a leading P&I insurer, has announced that its Chief Executive, Andrew Cutler... Read more
INTERCARGO responds to IMO's decision on GHG reduction measures
(Posted on 15/04/25)At last week's landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States... Read more
NORDEN sells two additional vessels
(Posted on 15/04/25)In line with NORDEN’s strategy to realise asset values, the global provider of ocean-based freight... Read more
ILO delivers on Seafarers Key Worker Rights and fair treatment
(Posted on 15/04/25)The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some... Read more
