Marine Energy Management

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Fuel Prices and Environmental Charges Slow down the Speed of Ships

Just read this interesting report on a German Innovation site:

Shipping Companies Look to new Propulsion Concepts and the Recovery of Energy from Ship Exhaust Gases

Challenged by high energy costs and rising environmental requirements, more and more shipping companies are looking to new propulsion concepts as a solution to their problems. They are now focusing their strategic decisions on saving energy, reducing emissions and optimizing engine size instead of speed.

“Shipping companies are rethinking their position”, explained Ernst-Christoph Krackhardt, who works for Siemens Marine Solutions and is responsible for merchant shipping. “They are deciding in favor of less powerful but more efficient and more cost-effective engines for their ships. To this end, all potential sources of energy such as exhaust gases are being utilized for efficiency increase.”

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