World News
Marine Coatings Company Hits Milestone
Netherlands-based PPG Protective and marine Coatings (PPG) has installed its SIGMACARE PLUS system on 1,000 vessels, the company announced in an emailed press release.
The product, launched in 2011, provides an online shipboard maintenance tool for its paints and coatings, allowing ship owners and operators to keep track of the coatings they use and organise their inventory and ordering systems.
"Managing coatings onboard a vessel can be quite complex," said company marketing manager Sijmen Visser.
"Keeping track of what coatings to use and where to apply them, of which colour and mixing ratios, means giving the crew a system that is clear, easy to understand and which will improve the overall quality of onboard maintenance."
The system is now available in 12 languages, with Mandarin due to be added this year, and while it generally relies on the internet, the newest version features offline functionality for ships with limited internet access at sea.
As ship owners work to reduce fuel consumption and meet environmental regulations, the marine coatings industry is expected to jump from $5 billion in 2011 to $10.2 billion in 2018, according to an analysis released by Frost & Sullivan in November.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 502.00 | 7.00 | 617.00 | 6.00 |
| Rotterdam | 455.00 | 8.00 | 619.50 | 4.00 |
| Houston | 467.00 | 4.50 | 625.00 | 2.50 |
| Fujairah | 495.00 | 6.00 | 712.50 | 1.50 |
| Global 20 Ports Average | 524.50 | 4.50 | 710.50 | 4.00 |
| Global 4 Ports Average | 479.50 | 6.50 | 643.50 | 3.50 |
| Global Average Bunker Price | 570.50 | 2.00 | 747.50 | 5.50 |
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