EcoloCap Solutions (OTC-BB: ECOS) M-Fuel Could Change the Shipping Industry Forever - The OTC Investor

Posted - By Justin · Wednesday, June 2nd, 2010

EcoloCap Solutions’ (ECOS) M-Fuel could make big waves in the billion dollar shipping industry, with its ability to dramatically lower costs and emissions for companies like DryShips Inc. (DRYS) and Diana Shipping Inc. (DSX).

By combining oil, water and a proprietary additive in a Nanomizer machine, Ecolocap Solutions’ (ECOS) produces a new fuel that costs 25% less. The company’s M-Fuel is an emulsion, a combination of oil, water and a proprietary additive, that reduces fuel use by 30%, particulate emission by 98%+, and gas emissions by 60% or more, while even cutting costs by 25%, all in unmodified diesel engines. when compared to traditional diesel and bunker fuel used in the shipping industry, and power generation. International and US patent's are being prepared for the process.

The relatively-unknown company has already shipped its first unit and is in discussions, world- wide, for various diesel applications to potential customers around the world. Meanwhile, widespread adoption could proceed rapidly as the fuel can be used in unmodified engines and emulsions fuels are already being used in Japan and Europe.
Complete Article at:
http://theotcinvestor.com/ecolocap-solutions-otc-bb-ecos-m-fuel-could-change-the-shipping-industry-forever-700/

LNG a key to cleaner shipping - DMV

Posted - DMV Risk Management

”Global shipping can reduce its CO2 emissions by 30 % the next 20 years through measures that are profitable for the shipping companies. The single most effective move is to introduce LNG as fuel,” said Executive Vice President Remi Eriksen of DNV at a shipping summit in Shanghai.

DNV has carried out a study of 59 ship segments representing the major ship-types and sizes of international shipping, identifying 25 different measures that can contribute to reduced emissions. Each of these segments have been modeled separately with regard to operational assumptions, the reduction potential of each measure, the cost of each measure and the year when available measures are phased in.
For 17 of the 59 vessel types and sizes it is cost-effective to install gas-fueled engines assuming a gas price equal to the price of marine diesel oil. The study, called “Pathway to Low Carbon Shipping” demonstrates that CO2 emissions by 2030 can be reduced by 30% below baseline through measures that save cost for the operators, and by almost 60% if all the identified measures are included.
“Many believe that gas is tomorrow’s fuel. We at DNV think it is already here. LNG as a fuel offers obvious environmental benefits,” said Remi Eriksen. “These benefits include nearly 100% reduction in SOX and particle emissions, 85-90% reduction in NOX emissions and 15-20% reduction in CO2 emissions.”
Complete Article at:
http://www.dnv.com/press_area/press_releases/2010/lngakeytocleanershipping.asp

BMT Group’s Del Redvers on greener shipping - GreenWise

Posted - June 1, 2010 - GreenWise - Del Redvers, head of Sustainability, BMT Group

Current estimates indicate that shipping’s share of global CO2 emissions could increase to 20-30 per cent by 2050. With 90 per cent of global trade carried by sea, this is an issue that cannot be sidestepped.
While the emissions debate is beneficial for all in terms of reducing the environmental impact, it is sometimes hard to see the plethora of solutions being proposed as anything other than a cost that the shipping industry must bear, with little financial benefit.
There are a number of measures that are currently being trialled or introduced more widely, however, that have the potential to achieve tangible commercial benefits and the win/win situation that will reduce costs and limit damage to the environment.
New technology to reduce fuel consumption through improvements in engine efficiency and reducing hull drag is one measure. Another is changes in operational procedures, such as optimizing vessel speed – or 'slow steaming’. Based on knowledge of environmental conditions, including wind, wave and current, the speed profile of the voyage can be tailored to ensure that the ship arrives at the destination just in time to be loaded or unloaded.
While this strategy could be extremely effective, there is the need for all parties in the logistics chain to understand the issues involved and ensure that there is suitable shore-based infrastructure to service ships as they arrive. 'Slow steaming’ certainly has its benefits, but there are downsides too. If we accept that slow steaming is here to stay, will we need extra ships to cater for trade growth? Should new ships be designed with slow steaming in mind in order to optimize their efficiency? These are complex questions that still need to be addressed.
Shipboard Energy Efficiency Management Plan
The International Maritime Organization has established a mechanism for a company and/or a ship to improve the energy efficiency of a ship’s operation called the Shipboard Energy Efficiency Management Plan (SEEMP). At present it is mandatory for a ship to carry its SEEMP, but there is no requirement to comply with it. Many operators are already pursuing this initiative as market forces make it beneficial to do so, however, as the culture changes and the importance of energy efficiency becomes more widely accepted, the SEEMP will become an increasingly valuable tool.
Complete Article at:
http://www.greenwisebusiness.co.uk/news/bmt-groups-del-redvers-on-greener-shipping-1475.aspx

TRANSAS DELIVERS ECO-DRIVING SIMULATOR TO RØRVIK SAFETY CENTER, NORWAY - The Maritime Executive Magazine

Posted - Tuesday, June 1st, 2010 The Maritime Executive Magazine

May 2010 – Norway. Transas has developed and delivered a new simulator for monitoring fuel consumption and emissions. The customer, Rörvik Safety Center (Norway) has designed a training concept called EcoShip which is supposed to change the mindset of officers and open their eyes to that part of the problem that they can do something about.
EcoShip is a range of courses under the auspices of the Rørvik Safety Center, whose innovative maritime environment simulator will be a useful tool and an important contribution to the maritime industry's ambitious environmental goal of reducing emissions of greenhouse gases and pollutants.
Fuel consumption and emissions is a very hot topic right now, especially considering new MARPOL Convention amendments concerning transfer of oil cargo between oil tankers at sea for the prevention of marine pollution during some ship-to-ship (STS) oil transfer operations. Meanwhile fuel saving has always been a large concern.
EcoShips objective
Course participants will acquire the necessary knowledge, skills and competence to plan and carry out fuel economy runs of typical shuttle ferries / express boats in order to minimize emissions of greenhouse gases and pollutants. Students should also understand the connection between fuel efficient driving and increased safety for ships, cargo and passengers - especially in maneuvers to and from shore.
Complete story at:
http://maritime-executive.com/pressrelease/latest-transas-marine-international-2010-06-01/

Carbon Trade - Shiptalk

Posted may 30, 2010 - Shiptalk

Shipowners are backing a global carbon trading scheme that could add as much as €6 billion (£5.4 billion) in extra cost on to maritime transport and push weaker shipping companies out of business.

The proposals, announced yesterday by Britain’s Chamber of Shipping, would seek to bring the global shipping industry into a carbon trading net. The initiative, also backed by the national shipping associations of Australia, Belgium, Norway and Sweden, is intended to raise standards and stimulate technological development in an industry that has been widely criticized for its sluggishness in dealing with atmospheric pollution.

The shipping industry has no choice but to address its carbon emissions, Jan Kopernicki, vice-president of the UK chamber, said, since shipping accounted for 3 per cent of the global carbon emissions from human activity. The extent to which the cost of reducing emissions would be passed on to customers would depend on the state of the shipping market. Many shipowners are in distress because of the collapse in world trade.
Complete story at:
http://www.shiptalk.com/?p=4678

American Club advises seafarers on environment protection - HELLENIC SHIPPING NEWS WORLDWIDE

Posted Thursday, 03 June 2010 - HELLENIC SHIPPING NEWS WORLDWIDE

The American P&I Club has launched the first in a series of web-based e-learning modules designed to help seafarers protect the marine environment by familiarizing them with the six annexes to the MARPOL Convention Produced in co-operation with IDESS Interactive Technologies Inc based in the Philippines, the modules are focused on the practical application of the MARPOL Convention on-board ship. They can be used anywhere there is a connection to the internet, allowing seafarers to study them before joining their vessels.
According to the club, the system includes a secure online testing facility so that its members can track their seafarers’ knowledge and keep up-to-date records of familiarization training in compliance with both the STCW Convention and the company’s safety management system requirements under the ISM Code.
The series is divided into six installments corresponding to the six annexes of MARPOL 73/78, covering oil pollution, noxious liquid substances, noxious substances in packaged form, sewage, garbage and air pollution. The remaining installments covering Annexes ll, lll, lV, V and Vl will be available at a later stage.
William H. Moore, senior vice president of manager Shipowners Claims Bureau Inc in New York, said: “At a time when the Deepwater Horizon disaster is focusing world attention on pollution of the seas, we are introducing this Clean Seas: Complying with MARPOL 73/78 module which has been developed partly as a response to the pervasive concerns of the international community about protecting the marine environment. Although claims arising from environmental damage have reduced in frequency in recent years, the cost of individual claims has not diminished.
Complete story at:
http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=104222&Itemid=79

HHI develops eco-friendly gas engine - HELLENIC SHIPPING NEWS WORLDWIDE

Posted - Tuesday, 01 June 2010 HELLENIC SHIPPING NEWS WORLDWIDE

The new gas engine can be used for ship propulsion and power plants. The engine features ‘Lean Burn’ technology and is regarded as eco-friendly and highly efficient by reducing parts to make the engine lighter and therefore saving fuel. The new engine emits 20 percent less CO2 than diesel engines, reduces NOx emissions by 97 percent to reach a claimed "world’s lowest" level of 50ppm, and improves engine performance 47 percent.
After the final durability test, Hyundai Heavy plans to start full-scale production of the new engines from early next year.
Upon the completion of the newly developed gas engine, Hyundai Heavy will have full production capacity of 582kW to 10,142kW diesel and gas engines.
http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=103845&Itemid=79