World News
EMP to Examine Bunker Savings Through New Study on EnergySail and Aquarius MRE Tech
Eco Marine Power Co. Ltd. (EMP) today announced that, along with several shipping companies and technology partners, it has initiated a detailed study on the practical applications of its EnergySail and Aquarius MRE technologies, including the possible fuel saving and CO2 emission reduction capacities of the technology.
The study will also cover the engineering aspects of installing an EnergySail or Aquarius MRE solution on a variety of ships, as well as energy storage options, such as the possible use of fuel cells.
More than a dozen ships are set to be included in the study, ranging from coastal chemical tankers to large RoRo ships, bulk cargo carriers, and liquefied natural gas (LNG) tankers.
As Ship & Bunker reported in October, the Japan Patent Office has granted EMP a patent covering the core elements of its bunker-saving EnergySail technology, a rigid sail device that can be fitted with a range of renewable energy technologies, including solar or wind power devices.
"It's very encouraging that we now have a number of ship owners actively looking at how our technologies can be fitted either to ships in their existing fleet or incorporated into new ship building projects," said Greg Atkinson, Chief Technology Officer at EMP.
The study partners are noted to include Teramoto Iron Works Co., Ltd. (Teramoto Iron Works), KEI System Co., Ltd. (KEI), and the Furukawa Battery Co., Ltd. (Furukawa Battery Co), as well as a number of shipping companies.
EMP and its partners are also said to be working on a development project for class-approved EnergySail units, which could be featured as part of a newbuilding project this year.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 655.50 | 2.00 | 808.50 | 4.50 |
| Rotterdam | 619.00 | 0.00 | 789.00 | 8.00 |
| Houston | 628.50 | 7.50 | 812.50 | 1.50 |
| Fujairah | 653.50 | 4.50 | 900.00 | 2.50 |
| Global 20 Ports Average | 672.00 | 0.50 | 885.00 | 7.00 |
| Global 4 Ports Average | 639.00 | 2.50 | 827.50 | 2.00 |
| Global Average Bunker Price | 727.50 | 1.50 | 933.50 | 5.00 |
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