Wed 30 Nov 2016, 12:28 GMT

Cosco ship slashes bunker costs by $4.5m with coating solution


Container ship has been using Jotun's Hull Performance Solutions (HPS) technology for four years.



Marine antifouling coatings developer Jotun reports that the container vessel Cosco Europe has recorded a "dramatic reduction in fuel costs and emissions" during the four years that the ship has been using Jotun's Hull Performance Solutions (HPS) coating technology.

According to Jotun, the 2008-built, 10,062-TEU container ship has slashed bunker fuel costs by $4.5 million and reduced CO2 emissions by some 29,500 tonnes compared to "market average figures".

Mr. Hou, Deputy General Manager of Cosco Shipping Lines, remarked: "As a company we are committed to delivering optimal value for all our stakeholders and the best environmental performance for our fleet, which forms a key link in the global supply chain. HPS has proven that it helps us meet these demands, enabling market leading hull performance and unlocking significant fuel and emissions savings.

"We are dedicated to upholding the highest standards across the long term for our customers. Jotun's development of the HPS antifouling and measurement system shows that it shares those same values. We look forward to further collaboration and efficiencies in the future."

HPS combines Jotun's advanced SeaQuantum X200 silyl methacrylate antifouling, performance analysis according to ISO 19030, technical service and a high-performance guarantee. The coating limits the growth of organisms on the hull - thus minimising frictional resistance - while the analysis and performance guarantee are designed to ensure measurability and accountability.

Earlier this year, Jotun released data for the first ever five-year dry-docking of a vessel treated with the solution - Gearbulk's Penguin Arrow. This documented that HPS, by limiting the growth of organisms on the hull, enabled a fuel saving of $1.5 million, cutting CO2 emissions by some 12,055 tonnes, across the 60-month period.

"HPS has now been applied to over 400 vessels worldwide since its launch in 2011," commented Alfie Ong, VP Jotun Marine Coatings. "As we get more and more long-term data from the system, which is the first solution of its kind to measure performance in line with ISO 19030, we get the hard evidence to prove what we already knew - namely that HPS delivers the cleanest hulls, highest efficiency and best environmental performance on the market."

Jotun added: "More and more key global shipping players, such as Cosco Shipping Lines, are recognising the power of this proposition. They understand that an investment in HPS is 'low hanging fruit' when it comes to optimising hull performance and delivering long-term value for their vessels. We're delighted to be able to provide documented proof of such impressive savings for them."

Ong notes that the ship, which received the HPS treatment at Cosco (Zhoushan) Shipyard in October 2012, has so far recorded a speed loss of just 0.76% (measured to ISO 19030). This compares to a market average of 5.9% for vessels treated with standard antifouling solutions.

Jotun says it expects to announce further vessel agreements with Cosco Shipping "in the coming months".

ISO 19030

Earlier this month, Jotun said the International Organization for Standardization's (ISO) new ISO 19030 standard - conceived to measure changes in ship-specific hull and propeller performance - could reduce the industry's greenhouse gas emissions by 10 percent, while saving operators up to $30 billion in annual energy costs.

The standard offers a two-tier methodological approach: ISO 19030-2, the default measurement method, with the most exacting requirements and greatest measurement accuracy; and ISO 19030-3, allowing for alternative methods and included in order to increase the applicability of the standard.

"With this standard we can finally quantify how solutions, such as advanced antifouling coatings, can tackle that issue - providing accountability and ROI for shipowners, while detailing the enormous potential for GHG and cost reductions," said Geir Axel Oftedahl, Business Development Director of Jotun - Hull Performance Solutions, on 18th November.

"The standard provides a transparency that has been lacking in the industry and will be a central driver for enhancing environmental performance and vessel efficiency," Oftedahl added.


Svitzer Balder vessel. Battery-methanol harbour tug completes sea trials ahead of Gothenburg deployment  

Svitzer Balder is claimed to be the most powerful electric escort tug in the world.

Launching ceremony of Nave Orbit vessel. Changhong International launches fourth LR2 tanker for Navios  

Chinese shipbuilder floats 115,000-tonne LR2/Aframax product tanker with methanol and LNG conversion capability.

Nippon Yuka Kogyo logo. Nippon Yuka Kogyo launches lubrication oil analysis service for ammonia-fuelled engines  

Japanese company offers condition monitoring service to support adoption of ammonia as a marine fuel.

Steel cutting ceremony of vessel with builder's hull no. S1128. CIMC Pacific Offshore Engineering advances two 20,000-cbm LNG bunkering vessel projects  

Two sister vessels for Singapore and Luxembourg owners reach construction milestones in China.

MPA and SSA logo side by side. Singapore maritime sector to accelerate AI adoption under new partnership  

MPA and SSA sign MOU to support AI implementation across shipping operations and bunkering.

Aerial view of a ship-to-ship (STS) transfer operation. Portland Port receives licence for LNG ship-to-ship transfer operations  

UK port can now support direct LNG transfers, reducing transit times and streamlining logistics operations.

Martin White, CEO of Stream Marine Group. Seafarer training must match pace of alternative fuel adoption, says Stream Marine Training  

Training provider highlights regulatory gap as methanol, ammonia and hydrogen gain traction in shipping.

Anji Luck vessel. Jiangnan Shipyard delivers final methanol-ready car carrier to Anji Logistics  

The 9,500-vehicle capacity vessel completes a 12-ship series built for SAIC’s logistics arm since 2022.

Bunker vessel alongside a ship during fuel transfer. Nippon Biofuel secures METI funding for Africa-based marine biofuel supply chain  

Japanese company to establish Jatropha cultivation and biofuel production facilities in Mozambique and Ghana.

Everllence B&W 6G60ME-LGIA HPSCR engine. Everllence’s ammonia-fuelled engine passes factory acceptance test ahead of October delivery  

Engine built by HHI-EMD will power Eastern Pacific Shipping’s very large ammonia carriers.