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



Finnlines exercises option to lengthen two more ro-ro ships

Fuel efficiency set to improve once vessel lengthening has been completed.



Image credit: Finnlines


Updated on 20 Mar 2018 13:15 GMT

Finnlines announced on Tuesday that it has decided to exercise the option to lengthen two additional vessels as part of its EUR 70 million Energy Efficiency and Emission Reduction Investment Programme, which was launched with the lengthening of four vessels in 2017.

The first two vessels, MS Finntide and MS Finnwave, have already been operating in their extended length. By the end of May 2018, a further two vessels, MS Finnsky and MS Finnsun, are due to be lengthened.

The lengthening of the two additional vessels, MS Finnbreeze and MS Finnsea, is scheduled to be carried out in September-December 2018.

According to Finnlines, each lengthened vessel will have a capacity increase of around 30 percent. After the modification, the vessel is 217.7 metres long and has a capacity of around 4,200 lane metres.

The capacity increase is said to considerably reduce the energy consumption per transported unit - and thus improve energy efficiency - compared to the original vessel.

"These two lengthened vessels in addition to the previous four, will help us meet increased demand and enable us to serve our customers more efficiently. One of our strategic decisions is to focus on improving our operational performance. This decision to lengthen another two vessels will help us to increase competitiveness and improve efficiency of capital employed on our fleet. This investment is also in line with sustainable development: by increasing our energy efficiency further we will contribute to reducing emissions per transported tonne," remarked Tom Pippingskold, CFO of Finnlines.






Related Links:

Finnlines to fit newly acquired ship with scrubbers
Finnlines lengthens first vessel in new fuel efficiency programme
Finnlines: Higher bunker prices and surcharges support rise in costs and revenue
Finnlines inks PureSOx scrubber performance agreement
Finland

Latest News:

Oil and fuel oil hedging market update
ScanOcean selected as eastern Sweden reseller for Neste's 0.1%S fuels
Oil and fuel oil hedging market update
Global central bank meetings and announcements
Risk minimisation in uncertain times | Geos Group
Bunker Energy takes over Maxcom Bunker's commercial activities
World Fuel Services to launch Pacific Northwest supply operation
Oil and fuel oil hedging market update
Brent remains in the $60s this morning
Oil and fuel oil hedging market update
$60s are hard to hold
Silverstream hails air lubrication uptake ahead of 2020




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
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