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14 th Annual Marine Money Greek Forum, October 2012 Sustainable investments in technology.

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Presentation on theme: "14 th Annual Marine Money Greek Forum, October 2012 Sustainable investments in technology."— Presentation transcript:

1 14 th Annual Marine Money Greek Forum, October 2012 Sustainable investments in technology

2 14th Annual Marine Money Greek Forum, October 2012

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4 Considerations: Newbuild vs Resale/2 nd Hand Asset prices New designs – verification? FOC Delivery Environmental Regulations Charterer requirements Retrofit solution feasibility Commercial advantage Flexibility - Speed Future cost of carbon Fuel availability and future fuel flexibility Human resource requirements Risk of non-compliance Public perception Vessel routing and trading patterns Expected duration in ECAs and cost/benefit analysis Bunker/refinery market developments & evolution of alternative fuels Vessel design physical constraints, technical & operational considerations Integration of NOx and SOx reduction techniques

5 14th Annual Marine Money Greek Forum, October 2012 Our Complex World: Higher Fuel Oil Prices Seeking for continuous profitable operations?

6 14th Annual Marine Money Greek Forum, October 2012

7 Conceptualisation of the Shipping System Model

8 14th Annual Marine Money Greek Forum, October 2012 GAP Analysis

9 14th Annual Marine Money Greek Forum, October 2012 New Designs Existing Designs In-Service Ships Performance Optimisation

10 14th Annual Marine Money Greek Forum, October 2012 MODEL TESTS / TRIALS Apply EXPERT ADVICE OPTIMIZED DESIGN / OPTIMIZED Existing SHIP PERFORMANCE OPTIMIZATION START: OPTIMIZED CONCEPT / DESIGN OR YOUR SHIP 1. EFFICIENCY / YOUR PERFORMANCE ASPIRATION (Operational Envelope, Engine, FOC Target, Future Proofing, etc,…) 2. DESIGN the SOLUTIONS ITERATIONS: Applied Knowledge & Experience at full scale 3. CAREFULLY SELECTED CASES: Rationalized Expert-Based Choice 4. MATHEMATICAL APPROACH – CFD (Computer) 5. DESIGN the INTEGRATED SOLUTION: Applied Knowledge & Experience at full scale To Computer Results

11 14th Annual Marine Money Greek Forum, October 2012 BEST SOLUTIONS with Field Experience – Propeller Erosion Detection and Monitoring

12 14th Annual Marine Money Greek Forum, October 2012 INTEGRATED SOLUTION to meet Target Performance

13 14th Annual Marine Money Greek Forum, October 2012 New Designs Existing Designs In-Service Ships Hull Lines (Fore, Mid and Aft Bodies) Propeller designs Rudder design and bulb Appendages design, location Energy saving devices Hull interactions underwater (wake fields, discharges,…) Trim Optimization Aerodynamic drag optimization Engine selection/configuration Cavitation / erosion performance Novel designs Solutions for Reducing FOC Its about Energy Management …and understanding technology

14 14th Annual Marine Money Greek Forum, October 2012

15 For more information, please contact: A.Poulovassilis Regional Marine Manager, Europe, Middle East & Africa Lloyds Register EMEA Lloyds Register is a trading name of the Lloyds Register Group of entities. Services are provided by members of the Lloyd's Register Group. For further information visit Thank you!


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