World News
DNV GL Project to Investigate Hull Optimisation for LPG Carriers
DNV GL has announced that it is working with Hyundai Heavy Industries Co., Ltd. (HHI), Wärtsilä Corporation (Wärtsilä), MAN Diesel & Turbo SE (MAN), and Consolidated Marine Management Inc. (CMM) on a next generation liquefied petroleum gas (LPG) carrier project, known as LPGreen, which will include an investigation of the potential for optimising vessel hull form to reduce fuel consumption.
The project will consider current and future trading patterns in it efforts to develop a more energy efficient, environmentally friendly, and safer LPG carrier vessel that still ensure overall competitiveness.
"The project contains some of the industry's technology leaders to bring innovation in practice," said George Dimopoulos, DNV GL's LPGreen's Project Manager and Principal Specialist at DNV GL's Maritime R&D and Advisory unit in Greece.
In addition to hull formation, the LPGreen project will also investigate ways to improve cargo handling and management systems, and machinery systems integration using the DNV GL COSSMOS tool, as well as a feasibility study to analyse the competitiveness of the concept, explains DNV GL.
"Using our partner's experience, technology expertise and coupling it with state-of-the-art tools such as hull form CFD (computational fluid dynamics) optimisation and COSSMOS for integrated machinery systems, we are confident that we will develop a competitive, compliant and safer concept vessel, with significant advances in a range of its features."
DNV GL says the LPGreen project is slated for completion by the end of 2016.
In December, global marine coatings supplier Hempel A/S (Hempel) said it had signed an agreement with DNV GL to work together on defining "clear, comprehensible, and verifiable" analytics to monitor and assess hull and propeller performance in order to optimise customers' fuel savings and reduce environmental impacts.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.00 | 6.00 | 762.00 | 5.50 |
| Rotterdam | 599.00 | 1.00 | 751.00 | 0.50 |
| Houston | 618.00 | 11.50 | 802.50 | 6.50 |
| Fujairah | 642.00 | 5.50 | 883.50 | 5.50 |
| Global 20 Ports Average | 661.50 | 3.50 | 859.00 | 5.00 |
| Global 4 Ports Average | 629.50 | 1.00 | 799.50 | 1.50 |
| Global Average Bunker Price | 719.00 | 3.50 | 915.00 | 7.50 |
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