Wärtsilä partners with Transworld Ship Management on Decarbonisation Modelling
Wärtsilä Corporation, Trade press release, 1 June 2023 at 10 AM EEST
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.
Media contact for more information on this release:
Isabella Alder
Positioning and Strategic Communications Manager
Wärtsilä Marine Power
Tel: +44 (0)7792 681 757
marine.media@wartsila.com
Image caption: The project will create and validate a digital model of the ‘TBC Prestige’, based on measured real-life data © Transworld Group
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Wärtsilä in brief:
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
