Marine Log - October 2008 - (Page 2)

October 2008 Vol. 113 No. 10 John R. Snyder Publisher & Editor ISSN 08970491 MARINELOG USPS 576-910 PRESIDENT Arthur J. McGinnis, Jr. amcginnis@sbpub.com jsnyder@sbpub.com editorial PUBLISHER & EDITOR John R. Snyder SENIOR EDITORIAL CONSULTANT Nicholas Blenkey nblenkey@sbpub.com ASSISTANT EDITOR Shirley Del Valle sdelvalle@sbpub.com nkitchen@msn.com wbeber@comcast.net psexton@sbpub-chicago.com wwilliams@sbpub.com pdesiere@sbpub.com It’s the right thing to do CONTRIBUTING EDITOR Nigel Kitchen CONTRIBUTING EDITOR William B. Ebersold MARKETING DIRECTOR Peter Sexton CREATIVE DIRECTOR Wendy Williams ASSOCIATE ART DIRECTOR Phil Desiere I f there was a common thread that weaved its way through the exhibit floor at this year’s mega trade show SMM 2008 in Hamburg—besides tired feet and aching backs—it was how shipping could operate more efficiently. At a DNV press conference, Espen Cramer, head of DNV Maritime Solutions, urged the shipping industry to be more proactive in its efforts to reduce fuel consumption. Cramer said the industry’s “piecemeal approach” to reducing fuel consumption has “slowed the effects of shipowners to make a real difference.” “Optimizing fuel efficiency is not only a smart business decision and in line with IMO regulations,” said Cramer, “it’s the right thing to do.” Through its Energy Management service, DNV has helped shipping companies to reduce fuel consumption and improve their environmental foot print. For example, DNV worked with one Asian-based container shipping company, to generate annual fuel savings of $50 million and reduce CO2 emissions by 300,000 tons annually. The service looks at Voyage Performance (voyage planning and weather routing); Ship Performance (hull and propeller conditioning and optimization of trim and draft); Bunker Management (fuel procurement); Main and Auxiliary Engine Tuning and Optimization; Energy Consumers (tank cleaning, HVAC, incinerators, etc.) and Management and Organization (training and awareness, total lifecycle vessel cost, etc.). Germanischer Lloyd struck a similar theme at a SMM press conference on what it calls, “GL Fuelsaver.” A Fuelsaver report is devised by using “CO2-Index Data Analysis” and the “Operational Fuel Consumption Analysis” to help shipowners and ship managers understand fuel consumption patterns and to identify technical and operational measures to help reduce fuel costs. The experience of key crew members and the fleet management is also factored into the analysis. Once the analysis is completed, a report offers practical advice on how to improve the ship’s efficiency as a function of fuel price. Of course, bunker fuel is not the only thing hurting ship operators’ pocketbooks. U.K.-based Shipping accountant Moore Stephens says ship operating costs rose by over 11% last year, mainly as a consequence of higher crew costs. The company has devised a ship operating cost benchmarking tool called OpCost 2008, which uses actual operating costs from 1,800 ships. Owners continued to spend more on repairs and maintenance, with costs in that category going up an average of 12%, although there was significant variation across vessel types. Insurance also increased by around 7%, not as much as last year's increase. What’s nice about OpCost 2008 is that you can get it for free—if you are willing to submit your data for inclusion in the survey. jsnyder@sbpub.com ART PRODUCTION MANAGER Todd Blanchard tblanchard@sbpub.com PRODUCTION DIRECTOR Mary Conyers-Brown NATIONAL SALES DIRECTOR Roland Espinosa mbrown@sbpub.com respinosa@sbpub.com INTERNATIONAL SALES MANAGER Donna Edwards dedwards@sbpub.com SALES MANAGER Jeff Sutley SALES REPRESENTATIVE -KOREA Young-Seoh Chinn CLASSIFIED SALES Diane Okon CONFERENCE DIRECTOR Jane Poterala CONFERENCE COORDINATOR Michelle M. Zolkos CONFERENCE ASSISTANT Latima Meynard jsutley@sbpub.com jesmedia@unitel.co.kr dokon@sbpub-chicago.com jpoterala@sbpub.com mzolkos@sbpub.com lmeynard@sbpub.com A SIMMONS-BOARDMAN PUBLICATION EDITORIAL AND BUSINESS OFFICES 345 Hudson Street New York, N.Y. 10014 TEL: (212) 620-7200 FAX: (212) 633-1165 website: www.marinelog.com e-mail: marinelog@sbpub.com CIRCULATION & SUBSCRIPTIONS: Call toll free (800) 895-4389, Monday-Friday 9 am—5 pm EST. 2 MARINE LOG OCTOBER 2008 www.marinelog.com http://www.marinelog.com http://www.abb.com/turbocharging http://www.marinelog.com

Table of Contents Feed for the Digital Edition of Marine Log - October 2008

Marine Log - October 2008 Contents Editorial Second Thoughts Update Inside Washington Fresh Fuel Ferries Exhibitors Preview Ferries get "Smarter" China's Great Ambitions Newsmakers Tech News Contracts Events Website Directory ML Buyer's Guide ML Marketplace Shipbuilding History

Marine Log - October 2008

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