How to tactically ensure your fleets' optimum efficiency
VPO is returning to Copenhagen this October 31st and will give the opportunity for shipowners, operators, managers, charter parties and many other industry players to discuss how the real challenges that lie in optimising a vessel’s performance can be met.
Regulation, in particular the 2020 global sulphur cap, is expected to generate higher fuel prices while definitions of low and high sulphur fuel are expected to change as many more complaint fuel blends will be available to meet demand. The relationship between charter parties and owners will require even further communication and agreement to avoid dispute, particularly when it comes to selling and reselling bunkers at fluctuating prices.
Ship design is changing to accommodate for increasing fuel prices. Designers are integrating complex systems to monitor vessel performance and technologies to meet regulatory requirements. The number of LNG-fuelled ships on order is at all all-time high and new designs are being sought to improve the cargo carrying efficiency of designs that utilise alternative fuels such as LNG and methanol.
The human factor is a vital part of operational efficiency but it is often overlooked. More technologies are being installed on ships to meet regulation and improve ship performance, creating additional pressure on ships’ crews to efficiently operate new technology or fuels, sometimes with little training. This forum will present the opportunity to discuss how the industry can ensure the regulatory and technology demands of a future shipping industry can be met.
VPO Copenhagen 2018 will consist of three key sessions to identify and discuss the approaches to better ship efficiency and look at how the relationship between business, regulation, and technology is changing.