EMEA News
DNV GL, VPS Launch Tool to Show Impact of Bunker Quality on Vessel Performance
Veritas Petroleum Services (VPS) and DNV GL today announced the launch of a new fuel analysis product they say will allow operators to assess the impact of fuel quality on vessel performance.
The new tool is an online benchmarking application that shipping companies can use to answer three key questions: Gauge the impact of bunkered fuel quality on vessel performance; assess bunker quality in relation to world fleet averages; identify good quality bunker locations and suppliers.
"We have the world's largest fuel sampling database – over two million tested samples. By extracting valuable information from this extensive database with state-of-the-art analytical tools, we help our customers get the best value from their bunker purchases through fast, accurate performance monitoring and decision making," said Gerard Rohaan, CEO of VPS.
The companies said the new product is the first of its type.
"For the first time, shipping companies can now easily differentiate between the efficiency loss due to fuel quality, voyage performance, and hull, propeller, engine and systems degradation," said Dr. Torsten Büssow, DNV GL's Head of Fleet Performance Management.
Fuel quality is calculated in terms of four major benchmarks: technical quality (meeting the specifications of ISO standard 8217), financial quality (energy, water content), statutory compliance as well as reporting quality (deviation from the bunker delivery note).
"By providing aggregated and comparable benchmarks, ship operators can easily assess ports and suppliers globally on a common scale," the companies said.
The latest product is part of DNV GL's ECO Insight fleet performance management portal.
Earlier this month Ship & Bunker reported on concerns VPS officials had about bunker quality as a result of proposed changes to ISO8217.
