World News
TORM Investigates Air Lubrication for Tanker Fleet
Thursday March 31, 2022
Tanker company TORM is set to investigate the potential for air lubrication systems to cut its fleet's fuel consumption and emissions.
The firm has entered into a pilot project with Marine Performance Systems to explore air lubrication as a means to reduce carbon emissions, it said in a LinkedIn post on Thursday.
The plan is to install one of the systems on board the TORM Hermia in August.
"With the use of MPS' air lubrication solution for shipping, friction in water will be significantly decreased, reducing main engine power and emissions," the company said in the post.
"It is expected that 1,500 tons of CO2 will be eliminated annually from TORM Hermia."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 624.50 | 1.00 | 732.00 | 8.50 |
| Rotterdam | 571.00 | 3.00 | 758.00 | 16.50 |
| Houston | 591.50 | 4.00 | 760.00 | 5.50 |
| Fujairah | 629.00 | 0.50 | 877.50 | 3.00 |
| Global 20 Ports Average | 637.00 | 0.00 | 819.00 | 3.00 |
| Global 4 Ports Average | 604.00 | 0.00 | 782.00 | 5.50 |
| Global Average Bunker Price | 688.00 | 2.50 | 879.00 | 1.00 |
Popular Now More
-
May 16The company is targeting 30-50% growth from this level of traded volumes in 2024, and in Q1 already saw 35% growth from the same period a year earlier, an Oilmar representative tells Ship & Bunker. -
May 16The ISO 8217 specifications last had a new full version published in 2017. -
May 16The first real data are starting to emerge on the cost paid by the container industry for shipping's inclusion in the European Union's emissions trading system.