BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Bunker-saving MT-FAST reaches 500-ship milestone

Device is estimated to have saved 447,000 tonnes of fuel since 2008.



Image credit: Marcin Wichary Flickr CC BY 2.0


Updated on 03 Aug 2018 00:07 GMT

MT-FAST, a fuel-saving device jointly developed by MTI Co. Ltd. and Tsuneishi Holdings Corporation, is said to have been installed on over 500 vessels.

How it works

MT-FAST is a multi-blade device that can be attached to a ship's hull to improve the propeller's propulsion efficiency.

A ship moves forward when the engine rotates the propeller, which sucks in the water in front of it and propels that water backwards, creating the force that pushes the vessel forward. However, when converting the rotational power into propulsive power, a swirling flow that reduces propulsion efficiency is generated.

MT-FAST is attached to a ship's hull just forward of the propeller and is designed to improve the flow of water around the propeller by reducing the swirling flow generated behind the propeller, thus improving propulsion efficiency and reducing fuel consumption. It is said to provide bunker savings of around four percent.

Installation

MT-FAST can be fitted to new vessels and retroactively fitted to existing vessels. Since 2008, it has been installed on ships built at Tsuneishi shipyards and NYK-operated bulk carriers and containerships. It is estimated to have saved around 447,000 tonnes of fuel, and reduced carbon dioxide (CO2) emissions by about 1,341,000 tonnes.

Calculating its effectivenes on an actual ship

NYK verified the bunker-saving properties of MT-FAST at sea using the company's Ship Information Management System, or SIMS, which enables the remote distribution and management of onboard applications from land offices.

In order to calculate fuel-savings, two vessels, one is equipped with MT-FAST and another without, sailed the same route in parallel in the same meteorological and oceanic conditions, and fuel savings of 4.8 percent were confirmed.






Related Links:

Fuel-saving coal carrier delivered to K Line
VLCC with '20%' bunker savings delivered to K Line
K Line holds naming ceremony for bunker-saving LNGC
LPG carrier with bunker-saving features delivered to Astomos

Latest News:

North America's first LNG bunker barge delivered
World Fuel Services claims enhanced client offering with launch of Falmouth jetty
Oil and fuel oil hedging market update
Sing Fuels adds bunker trader in Taiwan
Market increasingly focused on the upcoming US sanctions on Iranian oil
Top Ships' fuel-efficient 'Eco' tanker completes sea trials
Vopak and Maersk to launch 0.5%S bunkering facility in Rotterdam
Dan-Bunkering merges with Australia Bunkering
Oil and fuel oil hedging market update
SHI to build two bunker-saving LNGCs for Celsius Tankers
Oil slightly down on trade war and fears of economic slowdown
VPS issues flash point distillate alert for New York




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events