THE MOST IMPORTANT SHIPPING INNOVATION
SINCE THE SAIL?
Liquid Gas Tanker Engine Upgrade to LandDefenceTech EGV
= 1.7 year fuel consumption.
NO FUEL COST - less maintenance – NO POLLUTION.
An Engine Upgrade for a 77,000 DWT Ship will save several hundred million US-dollars during lifetime operations,
with far less maintenance and no pollution what so ever.
The Vessel Upgrade Cost is returned within the first two years, making Big Profits by eliminating Fuel Cost – together with rather large quantities of Particulate Matter and Greenhouse Gas.
For existing Diesel-Electric Propulsion and New Building Projects the Prospects look even better.
The figures are based on a 77,000+ liquid gas tanker:
300 sailing days/year 50/50 cargo/ballast
Speed 19.5 knots
Consumption 173 MT Heavy Fuel Oil ballast / 182 MT cargo
65 days alongside quay/operations = 50MT Heavy Fuel Oil/day
Cost Heavy Fuel Oil 380: Between US$ 500 and 550
Yearly fuel cost:
53,250 + 3,250 = 56,500 MT Heavy Fuel Oil/Liquid Natural Gas
Average cost/MT: US$ 525 (Cost LNG approx. equals HFO)
Yearly fuel cost: US$ 26,662,500 100%
38,000 hp engine upgrade to EGV:
US$ 41,176,470 154%
Considering the outlook of Crude Oil Future Cost between
US$ 150 and 200 within 2 years1) favours the LandTech Energygenerator and the LandDefenceTech EGV even further.
Expected LandTech Energygenerator MW-module lifespan
= 50 years with midlife overhaul.
1) Ref. Arjun N. Murti at the US Goldman Sachs / Teknisk Ukeblad (www.tu.no) May 7th 2008.