OPEX

Seabury Maritime and Lloyd’s Register join forces to help clients navigate OPEX and CAPEX challenges

Seabury Maritime and Lloyd’s Register join forces to help clients navigate OPEX and CAPEX challenges

Partners to combine market knowledge and data capability to help clients optimize business performance.

13 November 2019, New York – Seabury Maritime, LLC, the global maritime investment banking and industry advisory company and a subsidiary of Seabury Capital Group, has formed a strategic partnership with Lloyd’s Register (LR), the provider of classification, compliance, and advisory services, to...

http://www.allaboutshipping.co.uk/2019/11/13/seabury-maritime-and-lloyds-register-join-forces-to-help-clients-navigate-opex-and-capex-challenges/

LR and Maersk study indicates that achieving net zero is an ‘OPEX not a CAPEX challenge’.

Lloyd’s Register HQ’s in London

LR and Maersk study indicates that achieving net zero is an ‘OPEX not a CAPEX challenge’.

Joint study finds that to develop zero carbon ready ships, shipowners must invest for fuel flexibility and points to the need for policy interventions and fundamental changes to incentives scheme for shipping.

24 October 2019 – A joint Lloyd’s Register (LR) and A.P. Moller – Maersk study assessing the transition to zero carbon fuels has found that the cost of transport will...

http://www.allaboutshipping.co.uk/2019/10/24/lr-and-maersk-study-indicates-that-achieving-net-zero-is-an-opex-not-a-capex-challenge/

Will Batteries Power Next Generation of LNG Carriers?

  • LNG demand has spurred operators to battery-hybrid propulsion as a means of reducing operational costs and emissions.
  • Wärtsilä and South Korea’s Samsung Heavy Industries (SHI) is exploring battery-hybrid propulsion applications in LNG carriers and shuttle tankers.
  • JDP will focus on reducing the number of auxiliary engines onboard LNG carriers and shuttle tankers by replacing them with batteries in a hybrid solution.
  • BRL reports that the current order book for LNG carriers is 147 vessels, with...

http://mfame.guru/will-batteries-power-next-generation-of-lng-carriers/

Wärtsilä: Reduce Opex and Become Greener

The oil & gas industry was plunged into turmoil when the oil price crashed in 2014. To get back on track, the industry has been forced to transform. It has been forced to figure out new ways of working and apply new solutions to remain profitable while oil price fluctuates. The question that oil companies and drilling contractors are asking is this: can the environmental footprint be reduced while at same time lowering OPEX? Fortunately, the answer is yes.

Carrying out sustainable OPEX...

http://www.allaboutshipping.co.uk/2018/11/30/wartsila-reduce-opex-and-become-greener/

All cost types contribute to ship operating costs decline for sixth successive year

Richard Greiner

International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by 1.3% in 2017. This compares with the 1.1% average fall in costs recorded for 2016. For the third successive year, all categories of expenditure in 2017 were down on those for the previous 12-month period, most notably for insurance costs and stores.

The findings are set out in OpCost 2018 (www.opcostonline.com), Moore Stephens’ unique ship operating...

http://www.allaboutshipping.co.uk/2018/09/28/all-cost-types-contribute-to-ship-operating-costs-decline-for-sixth-successive-year/

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