Wärtsilä Partners with Transworld Ship Management on Decarbonisation Modelling

Source: www.gulfoilandgas.com 6/1/2023, Location: Europe

Technology group Wärtsilä will partner with Transworld Group to apply the most advanced decarbonisation modelling capabilities to the bulk carriers sector of Orient Express lines of Dubai, owned by Transworld Group and Managed by Transworld Ship Management (TWSM), one of India's premium private sector ship management firms. The aim of the project is to provide decision-making support by simulating the impact of efficiency upgrade technologies on the vessel’s environmental performance. The order with Wärtsilä was booked in December 2022.

By creating and validating a digital model of the ‘TBC Prestige’ based on measured real-life data, various technology solutions can be simulated and assessed. The technology simulations will indicate their effect on emissions profiling, the impact on the ship’s Carbon Intensity Indicator (CII) rating, and Return on Investment (ROI) calculations. This is the first such modelling project for the Indian maritime market. The modelling is part of the Wärtsilä’s Decarbonisation Services offering.

“We are determined to explore all options for decarbonising our fleet operations. Wärtsilä’s modelling capabilities will allow us to determine the best way forward for achieving our sustainability ambitions in the most cost-effective and efficient way possible. The ‘TBC Prestige’ was chosen for this project as we have ten similar bulk carrier vessels in our fleet,” says Sanjiv Kumar, Chief Executive Officer, Transworld Group.

“Wärtsilä is the only equipment supplier able to provide this kind of service with full in-house capabilities. It is a value-adding service from a company with vast experience and know-how in meeting the marine sector’s complex environmental regulatory requirements. We applaud Transworld Ship Management for their vision in seeking an optimal decarbonisation solution,” says Sachin Kulkarni, General Manager, Marine Business Sales for South Asia, at Wärtsilä.

Among the technologies to be examined in this project are a new optimised propeller, Wärtsilä’s Energoprofin, an energy-saving propeller cap, a shore power solution, and a shaft generator system. TWSM and Wärtsilä have established a long-term relationship with various lifecycle services and solutions having been previously delivered.


China >>  7/12/2024 - XCMG Machinery (SHE: 000425, "XCMG") has secured the 63rd position in the "China's 500 Most Valuable Brands 2024" by World Brand Lab, with a brand val...
United States >>  7/11/2024 - FMC Corporation, a leading global agricultural sciences company, today announced it has signed a definitive agreement to sell its Global Specialty Sol...

United States >>  7/9/2024 - Albireo Energy, a leading independent building controls and energy services provider and Huron Capital portfolio company, announced the publication of...
Belgium >>  7/8/2024 - - ArcelorMittal Gent is hosting the first industrial trial of D-CRBN's technology
...


Canada >>  7/8/2024 - Wagner Forest Management, Ltd., a prominent manager of timberland investments, announced that it is considering strategic alternatives, including the ...
Canada >>  7/8/2024 - Polystyvert, an innovative company specializing in recycling technologies and the circular economy of styrenic plastics (polystyrene and ABS), announc...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.