Kuwait Oil Tanker Company (KOTC) is improving its operational efficiency after rolling out a monitoring programme on its fleet of 28 tankers.
The group, which manages a 4.5M dwt tanker fleet worth more than US$962M, according to market data provider VesselsValue, began the optimisation programme using DNV GL software in mid-2017.
The system serving the KOTC fleet is DNV GL’s Eco Insight performance management portal, which monitors voyage, hull, propeller, engine and systems performance. It combines these metrics with industry averages, using AIS data, weather monitoring and fuel consumption data to measure ship and fleetwide performance. Advanced engineering methods, for example hull fouling predictions derived from computational fluid dynamics models, are also packaged into the portal, according to DNV GL.
KOTC’s deputy chief of fleet operations Ali Shehab said “We already see measurable improvements in operating the fleet. In addition to this and in order to implement the idea of energy efficiency among the whole KOTC organisation, we implemented an energy efficiency management system according to ISO 50001 which has been recently certified by DNV GL.”
The energy management system to which Mr Shebab is referring is a framework designed by ISO for use as a voluntary international standard. The framework is intended to reduce greenhouse gas emissions with participating companies monitoring and systematically reducing their energy usage.