fuel consumption

Oldendorff Carriers teams up with BHP in successful biofuel trial

Pictured: the Kira Oldendorff receives biofuel from a bunker tanker in Singapore. Photo credit: Oldendorff Carriers.

Australian mining giant BHP and major dry bulk operator, Oldendorff Carriers (a Shipping Australia member) have successfully completed an important biofuel trial.

Advanced and sustainable biofuels provider, GoodFuels, supplied the fuel for the trial, which was held with the assistance of the Maritime & Port Authority of Singapore.

The advanced biofuel reduces carbon dioxide...

https://www.shippingaustralia.com.au/oldendorff-carriers-teams-up-with-bhp-in-successful-biofuel-trial/

EIA: US natural gas consumption achieves record in 2019

The US Energy Information Administration reported that the US natural gas consumption rose by 3% in 2019, achieving a record of 85.0 billion cubic feet per day (Bcf/d). The increase was due to new natural gas-fired electric capacity and lower natural gas prices.

Specifically, the US natural gas consumption grew in the electric power sector by 2.0 Bcf/d, or 7%, but remained relatively flat in the commercial, residential, and industrial sectors.

Exports via pipeline to Mexico and as liquefied...

https://safety4sea.com/eia-us-natural-gas-consumption-achieves-record-in-2019/

A rapid pivot to gas needed to deal with global demand, report says

An international energy consultancy launched the “Rapid pivot to gas” report highlighting that turning to gas will be the solution to deal with the increasing global energy demand.

Specifically, Xodus Group’s showed that approximately $20 trillion would need to be invested on natural gas exploration and production over the next 20 years. This forecast requires significant advancements in technology for gas production, including carbon capture and storage (CCS) of the carbon dioxide produced.

Conce...

https://safety4sea.com/a-rapid-pivot-to-gas-needed-to-deal-with-global-demand-report-says/

Wärtsilä-led consortium pursue greater fuel efficiency through EU-funded project

Wärtsilä, technology group, along with a consortium with six more industry and academic partners, received an award funded by the EU for a project aimed at reducing fuel consumption and decreasing emission levels for the shipping industry.

Specifically, the SeaTech project was formed for the development of two symbiotic ship engine and propulsion innovations that when combined, could lead to a 30% reduction in fuel consumption.

In the meantime, the project aims at 99% reductions in emissions of...

https://safety4sea.com/wartsila-led-consortium-pursue-greater-fuel-efficiency-through-eu-funded-project/

PGS partners with Cognite for digitalization project

Cognite collaborates with Petroleum Geo-Services (PGS) on a digitalization project, to optimize the performance of its fleet, the energy consumption, as well as the maintenance.

To improve data driven insights and efficiency, the two partners launched two digitalization work streams aimed to strengthen PGS’s fleet performance. These include refining approaches to optimize fuel consumption and reduce the cost of maintenance by actively monitoring equipment via contextualized data.

The two projects...

https://safety4sea.com/pgs-partners-with-cognite-for-digitalization-project/

Owners, charterers: Voyage efficiency savings of 28% are possible

A recent survey found out that the shipping industry sees a vast potential reduction in fuel consumption, while owners, managers, operators and charterers felt that on average, it was possible to reduce 28% of their fuel consumption – a figure that aligns with some recent studies on voyage optimisation.

Specifically, the survey conducted by NAPA and Blue Insight revealed that many shipping players supported that on average there is a high possibility of a 28% reduction of their fuel consumption.

A...

https://safety4sea.com/owners-charterers-voyage-efficiency-savings-of-28-are-possible/

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