Thu 7 Aug 2008 09:58

Indian firm coats ship in bid to reduce bunker costs


Shipping company aims to lower fuel consumption with latest coating technology.



Mumbai-based Mercator Lines has coated a second Aframax tanker, the 105,000 dwt Prem Divya, with International Paint Ltd’s foul release coating, Intersleek 900 in a bid to reduce bunker costs.

The move comes just nine months after sistership Prem Pride had her vertical sides coated with the latest generation patented fluoropolymer at Dubai Drydocks World. This time, the hull upgrade of the Prem Divya involved the entire underwater area of the 1998-built vessel during the tanker’s second special survey.

“We had monitored the ‘Prem Pride’s’ fuel consumption closely,” explains Mercator Lines’ General Manager, Amit Agrawal. “At corresponding engine speeds, the vessel was consuming up to 6% less fuel, depending on weather conditions, after the application of Intersleek 900. We originally calculated projected savings based on a bunker price of $450 and found we were saving nearly three tonnes of fuel a day. And whilst bunker prices continue to climb, our payback period just gets shorter. The added advantages of no biocides, reduced drydocking times and lower CO2 emissions convinced us that this is the technology we need”.

Prior to investing in Intersleek 900 technology, Mercator Lines had undertaken a detailed cost benefit analysis, taking references from owners who had already adopted the new hull coating.

The process involved calculating the savings generated by easier through-life hull coatings management, which included lower fuel consumption, an improved environmental footprint and a smaller volume of paint required at subsequent dockings.

Speaking on behalf of International Paint Ltd., Clive O’Leary, Worldwide Marine Business Development Manager said “We are delighted that in the short time since the Prem Pride had Intersleek 900 applied to her vertical sides, the savings are so obvious. Now, the Prem Divya has had her entire underwater hull coated we look forward to comparing the figures. Rising bunker prices are generating unprecedented interest in Intersleek 900 and we are about to carry out our 120th application”.

Mercator Lines has a diverse fleet including tankers, bulk carriers, dredgers and an oil rig. The tanker fleet includes two VLCCs and the company is planning to convert a single-hulled supertanker into a Very Large Ore Carrier.

The company is said to be a pioneer of new generation coatings and has adopted the latest technology for all ship areas, both internal and external.

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