Energy efficient operation what matters



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MARITIME Energy efficient operation what matters Energy Management Study 2015 Nor-Shipping 2015 Oslo June 4 th, 2015 1 DNV GL 2015 June 4th, 2015 SAFER, SMARTER, GREENER

The 2015 Energy Management study Objectives What matters to make operation energy efficient? What worked well? Where did we struggle? What are the success factors? What are the plans going forward? Participants 80 shipping companies Headquartered in 24 countries 51 are ship managers, 43 are owners and 19 are operators All major vessels segments covered well: Above 30 each in container, tanker, bulker About 10 each in offshore, MPV and cruise 2 DNV GL 2015 June 4th, 2015

Energy efficiency is important for various reasons, with direct cost impact being most important Q5: How does energy efficiency impact your company? Impacts costs 80% Impacts our eco footprint 58% Important to ensure utilization of vessels 41% Impacts charter rates 40% Is "mandatory" due to clients requirements 35% Does not impact my company 0% Take away Most respondents name two or three reasons why energy efficiency is important for them, nobody feels unaffected. Cost is the key driver for efficiency, followed by environmental footprint and charter market. Source: DNV GL Shipping Advisory N = 80, multiple answers possible 3 DNV GL 2015 June 4th, 2015

Ambition levels for energy saving targets are low Q30: What type of quantitative energy targets, in % of fuel reduction, have you defined? 2013 44% 13% 17% 20% 6% Ø2.3 1% 2014 32% 14% 27% 18% 7% Ø2.8 3% 2015 28% 14% 28% 22% 7% Ø2.8 1% 0% 0.1% - 1.9% 2.0% - 4.9% 5.0% - 9.9% 10.0% - 14.9% 15% Take away Share of companies with target 0% decreased from 44% in 2013 to still high 28% in 2015. Just about one third of respondents aims for 5% energy saving or more. Average ambition fairly stable at 2.8%. Source: DNV GL Shipping Advisory N = xx, multiple answers possible 4 DNV GL 2015 June 4th, 2015

Organizational anchoring of energy management seems weak in many shipping companies Q23: Who has the key responsibility within your organization for energy management? Energy Manager 29% Every Captain/Chief Engineer 18% All Superintendents 18% A selected Superintendent 9% No dedicated person 9% Other 19% Take away Not even a third of all shipping companies has a dedicated energy manager (or team). Most companies have assigned the task to everybody, which oftentimes means actually nobody. Source: DNV GL Shipping Advisory N = 80 5 DNV GL 2015 June 4th, 2015

Many simple measures have been addressed yet, but awareness on no.1 for 2015 indicates that implementation is challenging Q14: What are the energy saving measures that are Hull and propeller cleaning Slow steaming Hull coating Performance monitoring and reporting Voyage planning optimization Advanced weather routing Engine performance optimization Trim & draft optimization Speed pattern optimization Engine optimization Engine room system optimization Establishment of energy responsible Port Optimization Propulsion retrofitting Awareness and/or incentives Hull retrofitting Shore power 16% 9% 25% 24% 20% 19% 14% 26% 24% 14% 44% 28% 41% 20% 35% 14% 33% 16% 31% 30% 23% 28% 19% 15% 13% 85% 79% 73% 69% 68% 61% 59% 54% 54% implemented in your company planned to be implement in 2015 Take away 9 typical energy savings measures have been implemented by more than 50% of respondents, most of the being operational measures. Awareness shows nearly lowest implementation so far but is planned as no. 1 for 2015. Source: DNV GL Shipping Advisory N = 80, multiple answers possible 6 DNV GL 2015 June 4th, 2015

Besides lack of financial resources capabilities, behavior and time seem to be key challenges for implementation Q13: What challenges have you encountered when implementing energy saving measures? Lack of financial resources 46% Education of staff/lack of expertise 40% Resistance to change by crew/office staff Lack of time for implementation Topics with higher priority 35% 40% 39% Alignment with existing processes/procedures Lack of clear implementation guidelines 23% 26% Lack of management support 13% Other 9% Take away Lacking financial resources are the key challenge for technical/retrofitting measures. Lacking capabilities and buy-in of crew and office staff are the key challenges for most operational and managerial measures. Source: DNV GL Shipping Advisory N = xx, multiple answers possible 7 DNV GL 2015 June 4th, 2015

Shipping companies define implementation of performance management and behavioral change as targets for 2015 Q31: What other (qualitative) targets did you define? Performance management (equipment and culture) Awareness, capabilities and behavior Measure implementation (retrofit) Measure implementation (voyage performance) Measure implementation (vessel performance) Management system 7% 7% 7% 13% 33% 53% Other environmental targets 20% Take away More than half of companies with qualitative targets want to implement performance management in 2015. One third of companies wants to foster awareness and capabilities for behavioral change Source: DNV GL Shipping Advisory N = 30, multiple answers possible 8 DNV GL 2015 June 4th, 2015

Summary Cost impact is the key driver for energy efficiency followed by environmental footprint and positioning on the charter market Ambition levels moderate 2015 still 28% have no quantitative savings target, just 31% aim for 5% or more Unclear responsibilities just 29% have a dedicated energy manager, most others assigned energy efficiency to everybody ( actually nobody) Common measures well-known measures with little investment prevail: slow steaming, hull and propeller cleaning, voyage planning Implementation is people business besides lack of resources (financing, time), lacking capabilities and resistance to change are the main hurdles Important enablers 53% plan to strengthen performance management, 33% want to foster awareness capabilities and behavior Full study will be published end of June sign in to get a copy! 9 DNV GL 2015 June 4th, 2015

Energy efficient operation what matters Energy Management Study 2015 Dr. Jan-Henrik Hübner Global Head of Shipping Advisory Jan-Henrik.Huebner@dnvgl.com +49 (0) 40-36149 - 8770 www.dnvgl.com SAFER, SMARTER, GREENER 10 DNV GL 2015 June 4th, 2015

DNV GL Shipping Advisory at a glance Ships Shipping Management Expertise 150 years of experience 13,000 vessels in class Leading R&D Strong position in all vessel segments Presence 300 offices in 100 countries 4,500 colleagues at the heart of shipping every day Professionals Line managers of shipping companies Experienced management consultants Shipping Advisory a unique combination. 11 DNV GL 2015 June 4th, 2015

Shipping Advisory strong local presence in a global network 9 hubs 50 professionals 12 DNV GL 2015 June 4th, 2015

If you face some of these challenges, How can I anchor energy efficient operation in my organization and really save money? How should I measure and manage energy performance? What technical levers do we have to increase energy efficiency of our vessels during newbuilding and in retrofitting? Energy efficiency How is my fleet management s technical, operational and financial performance? How is my OPEX performance and what can I do to reduce OPEX while maintaining quality? What can I learn from industry best practice to increase availability, asset performance and to reduce costs? How should we adapt organization, governance and processes to meet our growth strategy? What are the trends and drivers in profitable niche markets? What can we learn from other shipping clusters? How can we most efficiently achieve compliance? Fleet management Business decisions How can I be cost efficient and emission regulation compliant? Which ballast water treatment system suits best for my ship? How can we save fuel and emissions by AIS ship traffic analysis? How will authorities benefit from AIS based ship traffic analyses? Technology and fuel selection 13 DNV GL 2015 June 4th, 2015

Shipping Advisory might be your partner. 1 2 Energy Efficiency Excellence Fleet Management Excellence Energy efficient newbuildings Fleet retrofit screening Energy efficient operations Energy compliance Fleet management benchmark ISRS7 Alpha assessment Business intelligence data review OPEX benchmark 3 Maritime Business Excellence Maritime industry analysis Business improvement Regulations & compliance 3 Environmental Technology and Alternative Fuels Emission compliance strategies Assessments of novel technologies Fuel selection: LNG, scrubber etc. AIS to map emissions & fuel 14 DNV GL 2015 June 4th, 2015