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Norsepower Secures Millions for Rotor Sail Solution
Finnish auxiliary wind propulsion systems provider Norsepower has secured a EUR 8 million (USD 8.8 million) investment that would support the expansion of the company s Rotor Sail technology.
The investment round was led by OGCI Climate Investments, along with current investors.
As explained, the investment enables Norsepower to scale up production at its manufacturing facilities as part of a next phase of commercialization triggered by demand for its renewable wind energy propulsion systems.
The increased take-up comes at a time when the international shipping industry looks to offset expensive fuel costs - that are likely to increase following the IMO s 2020 global sulphur cap - and prepare for IMO GHG emissions targets in 2030 and 2050.
"We are very excited to be partnering with OGCI Climate Investments on this initiative, which will leverage the expertise and capabilities of both organisations to scale our Rotor Sail Solution," Tuomas Riski, CEO, Norsepower, commented.
"Importantly, this partnership will also allow Norsepower to deliver cleaner solutions for the oil tanker market as it strives to increase sustainability and decarbonise in its role as a critical vehicle for the world economy."
"Improving energy efficiency is fundamental to reducing carbon emissions. Norsepower s Rotor Sail technology is an … immediately available solution that improves vessel efficiency, reducing fuel consumption. We look forward to working with Norsepower to deliver real impact to the shipping sector s CO2 emissions," Pratima Rangarajan, CEO of OGCI Climate Investments, said.
The solution, which can be installed on new vessels or retrofitted on existing ships without off-hire costs, is a modernized version of the Flettner rotor - a spinning cylinder that uses the Magnus effect to harness wind to propel a ship. The solution is fully automated and senses whenever the wind is strong enough to deliver fuel savings, at which point the rotors start automatically - optimising crew time and resource.
To date, Norsepower s Rotor Sails have been installed onboard three vessels, including Bore s M/S Estraden, a 9,700 dwt RoRo carrier, Viking Line s M/S Viking Grace, an LNG-fueled cruise ferry, and Maersk Tanker s 110,000 dwt Maersk Pelican. Norsepower has also started the installation of a Rotor Sail to a hybrid ferry owned by Danish shipping company Scandlines.
Since its establishment in November 2012, Norsepower has raised more than USD 24 million of funding. In addition to OGCI Climate Investments, European venture capital funds and private investors, Norsepower has been funded by the European Commission and the Finnish Funding Agency for Technology and Innovation.Posted On:24-Sep-2019
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LR to Head Renewable Energy Ship Propulsion Project
Maritime classification society Lloyd s Register has been brought in to coordinate a project to research and develop renewable energy ship propulsion technologies.
REShiP (Renewable Energy Ship Propulsion), as the project is known, started in April 2019 with the aim of identifying the best solutions connected with the shipboard installation of an innovative power generation system for propulsion and on-board use, with an almost total reduction of both pollutants and noise emitted.
Co-funded by the European Regional Development Fund, the project activities are aligned with the IMO regulations concerning the limits on NOx, SOx and particulate (PM) emissions.
According to Lloyd s Register, technologies for the electric energy production with a low environment impact relying on fuel cells will be studied in particular.
Furthermore, after an assessment of the different types of fuels to be used onboard, the project aims to develop a fuel cell system and a small-scale prototype with a correlated study for installation on board.
The objective is to design a complete and certified system assembled on a skid easy to install even in the case of a retrofit, that will be also certified for the on-board installation. An overall design plan will be developed for the construction of a medium-small size passenger transport vessel (150-200 passengers) that could be scaled up to cruise ships and with the expected estimate of reducing the energy consumption up to 10% while completely eliminating local NOx, SOx, PM and CO2 emissions.Posted On:24-Sep-2019
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Stena Impero Departs for International Waters
The British-flagged tanker Stena Impero has departed the Iranian port of Bandar Abbas and is on its way to international waters.
Iranian sources and TankerTrackers said that, according to satellite imagery captured in the morning hours of September 24, the ship was no longer anchored at the port.
The latest development comes on the back of the conclusion of the legal process against the Swedish-owned tanker, that was detained in July. With the end of the legal process, the conditions for releasing the vessel have been fulfilled, a government spokesman was cited as saying at a news conference on Monday.
In a social media update from yesterday, Iran s ambassador to the United Kingdom, Hamid Baeidinejad, said that the tanker was "free to leave," after being held for over two months.
The tanker was seized on July 19 by Iran s Revolutionary Guard Corps (IRGC) for allegedly violating international maritime rules. The ship s owner, Stena Bulk, earlier denied the allegations.
Swedish media cited Herik Hannel, the CEO of Stena Bulk, that the company hoped the unit would leave the Iranian port within a few hours, "but we don’t want to take anything for granted. We want to make sure the ship sails out of Iranian territorial waters."Posted On:24-Sep-2019
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Fish factory fire, 363 people evacuated, Pacific
Fish factory PYOTR ZHITNIKOV issued distress signal at 0225 LT (UTC +11) Sep 24, reporting fire on board and requesting evacuation, in southern Kuril island waters, some 22 nm E of Iturup island. There were 412 people on board, factory workers and crew, fire erupted in fish equipment compartment. Fish package material caught fire, common cause of major fire on board of fish processing ships. 363 people, mainly factory staff, were taken by nearby fishing vessels and transferred to fish factory VSEVOLOD SIBIRTSEV, 56 remained on board to continue firefighting.Posted On:24-Sep-2019
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Airbus Unrolls Upgrades for OceanFinder Maritime Service
Aerospace solutions provider Airbus Defence and Space has upgraded its digital maritime service to detect and track vessels around the globe.
First launched in 2018, the OceanFinder application combines a constellation of optical and radar satellites, combined with real-time global Automatic Identification System (AIS) data to support a range of applications.Posted On:24-Sep-2019
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New York: New Coalition Formed to Support Shipping s Decarbonization
The Getting to Zero Coalition, a new alliance that will lead the push for international shipping’s decarbonization, has been launched at the UN Climate Action Summit in New York.
The ambition of the Getting to Zero Coalition is said to be closely aligned with the UN International Maritime Organization s (IMO) Initial GHG Strategy.Posted On:24-Sep-2019
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Carnival Cruise Ship Damaged During Panama Canal Transit
A Carnival Cruise Line ship was damaged while transiting the Panama Canal on September 20.
The 1990-built Carnival Fantasy came in contact with one of the locks while the water levels were being lowered, the company said in a statement.
Carnival noted that no one was injured in the incident.Posted On:24-Sep-2019
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India: Major ports post muted growth as coal volumes slide 4% in Apr-Aug period
The shadow of economic slowdown loomed over coal cargo movement through major ports. Between April and August, the cargo throughput growth at major ports was muted at 1.9 per cent as coal volumes slid four per cent year-on-year.
In the corresponding period of FY19, coal cargo had risen by 11 per cent. Apart from decline in coal shipments compared with last year, some fall was also observed in fertiliser and liquid cargo.Posted On:24-Sep-2019
Credits: www.bunkerportsnews.com |
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Pendulum Continues To Swing Toward US East Coast Ports
The more popular it becomes to ship Asian containerized exports to the U.S. East Coast versus the West Coast - whether via the Panama or Suez Canal - the more hinterland transport demand shifts in favor of trucks hauling cargo westward at the expense of rail moving boxes eastward.
Evidence of the East Coast s rising importance continues to build up on multiple fronts. In terms of shipping rates, the price to transport a container from China to the East Coast has held up better year-on-year than pricing to California.Posted On:24-Sep-2019
Credits: www.bunkerportsnews.com |
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Cargo-Handling Equipment Assessment Released
The ports of Los Angeles and Long Beach have released a report on the current state of clean cargo-handling equipment technology as they begin working toward the Clean Air Action Plan s 2030 goal of a zero-emissions fleet at the nation s largest seaport complex.
A draft assessment was released in April. It examined the current state of technology, operational characteristics, economic considerations, infrastructure availability and commercial readiness relating to cleaner cargo-handling equipment.Posted On:24-Sep-2019
Credits: www.bunkerportsnews.com |
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Netherlands : National focus on underwater robot
National focus on underwater robotThe Port of Rotterdam Authority and North Sea Port conducted tests this summer using an underwater robot that can inspect quays. North Sea Port conducted the tests in partnership with Asset Insight - a VolkerWessels company. Indian company Planys Technologies carried out the inspections.Posted On:24-Sep-2019
Credits: www.bunkerportsnews.com |
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Nigeria: Overtime cargoes threaten terminal operators business
The Seaport Terminal Operators Association of Nigeria, STOAN, has said that overtime cargoes are taking up commercial spaces in the port and called the Government to intervene in the matter.
Speaking to Vanguard Maritime Report on the sideline of the just concluded third Ministerial meeting for maritime stakeholders held in Lagos, Chairperson of STOAN, Princess Vicky Hastrrup, said that if the issue of overtime cargoes were not tackled as soon as possible, terminal operators will be running their businesses at a loss.Posted On:24-Sep-2019
Credits: www.bunkerportsnews.com |
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ECOSUBSEA achieves requirements to offer sustainable hull cleaning in North European Ports
Ports of Antwerp and Zeebrugge permit unique technology to be used on ships hulls following exacting tests to demonstrate system meets latest strict clean water environmental regulations.
ECOsubsea, the Norwegian cleantech firm with a unique hull cleaning technology has won contracts to clean in North European ports of Antwerp and Zeebrugge thanks to the technology s ability to remove all hull fouling from the water.Posted On:24-Sep-2019
Credits: www.bunkerportsnews.com |
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