EMEA News
Neste Shipping Signs Deal with Marorka to Lease Ship Efficiency Solutions
Neste Shipping Oy (Neste Shipping) announced in an emailed press release that it has signed an agreement for the lease of energy management solutions from Icelandic marine energy management and fleet performance company, Marorka.
Neste Shipping, a subsidiary of the Finnish company, Neste Oil Corporation (Neste), says it will have Marorka's solutions installed on all vessels that it charters, providing the shipping company with a tool that will optimise energy efficiency, reduce greenhouse gas emissions, and "realize significant fuel savings", while improving overall fleet performance and competitiveness.
Neste says the agreement makes it one of the first ship operators to install energy management systems on third party ships.
"In contrast to standard agreements in this sector, Marorka's solution will be leased on a subscription basis with additional service packages," said Neste of the agreement.
The leasing agreement includes hardware and software, as well as customer and advisory services, associated with Marorka's system, which collects onboard, real-time data and monitors performance.
Neste says the the main benefit for the shipping company will be uniformity.
"All vessels chartered by the company will be equipped with identical energy management systems regardless of the ship's origin or ownership," said Neste.
"Performance data can be viewed and analyzed in real-time in a single decision support system: Marorka Online."
Ole Skatka Jensen, CEO at Marorka, commenting on the signing of the lease agreement, said "it shows that data-driven, energy management matters to companies chartering in ships from third parties as much as to companies operating or chartering out their own ships."
"Companies which charter ships usually have to bear significant energy costs.
"Marorka's solution can help them realize significant returns by basing their management decisions on real-time data," added Jensen.
In March, Neste reported a 75 percent drop in profit from operations during 2014 compared to the prior year.
