World News
Kobe Steel to Market New Heat-Recovering Binary Cycle Power Generation System
Kobe Steel, Ltd. (Kobe Steel) today announced plans to start marketing a new binary cycle power generation system for ships in April.
"In the past, the exhaust heat from the turbocharger attached to the ship engine was not used, but simply disposed. Kobe Steel's new system is the first in the world to generate electricity from the exhaust heat emitted by the ship's turbocharger," explains the company.
The system, which was developed in conjunction with Asahi Shipping Co., Ltd. (Asahi) and Miura Co Ltd (Muira), completed land-based testing in September 2015, passed sea trials on the MV Asahi Maru in December 2016, and most recently received approval from Nippon Kaiji Kyokai (ClassNK).
"Through the new system, the three companies are promoting the effective utilisation of unused energy," says Kobe Steel.
The development project has received support from Japan's Ministry of Land, Infrastructure, Transport and Tourism, and was undertaken with ClassNK's cooperation.
The new system is noted to be applicable to ships already in service, as the new system's parts can be brought in through the parts hatch, without the need for cutting through the hull structure.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 645.00 | 2.00 | 767.50 | 11.50 |
| Rotterdam | 600.00 | 8.00 | 751.50 | 13.00 |
| Houston | 627.50 | 9.00 | 796.00 | 11.50 |
| Fujairah | 649.50 | 0.00 | 889.00 | 0.50 |
| Global 20 Ports Average | 665.00 | 0.50 | 864.00 | 6.50 |
| Global 4 Ports Average | 630.50 | 5.00 | 801.00 | 9.00 |
| Global Average Bunker Price | 722.50 | 2.50 | 922.50 | 3.00 |
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