Resilience in Safety, Security & Sustainability. Capt. Anuj Chopra, VP Americas 06 September 2017
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1 Resilience in Safety, Security & Sustainability Capt. Anuj Chopra, VP Americas 06 September 2017
2 Promoting Safety & Sustainability Page 2 About RightShip RightShip is an innovative organization with a social conscience, best known for our work on maritime safety. We also have a growing reputation for our work in environmental sustainability.
3 Promoting Safety & Sustainability Page 3 Resilience in port operations Safety & Efficient operations Security & Risk management Sustainability & Emissions
4 RightShip Promoting Safety & Sustainability Page 4 Serious & total losses 1999 ~2016 >500GT What has changed? Budget cuts? Lack of maintenance?
5 xxxx Bulkers PSC Detentions - Older vessels show higher Detention rate - Improved PSC enforcement? - Lack of maintenance? - RightShip Inspection - 14 yrs 1/1/2018
6
7 RightShip Qi & predictive analytics Page 7 What is Big Data? Too much Data, too little wisdom!
8 RightShip Qi & Predictive Analytics Page 8 What are we trying to predict? PSC Detentions? PSC Deficiencies? Incidents? Casualties? The likelihood of incident in next 12 months Maintenance Shortfalls?
9 RightShip Qi & Predictive Analytics Page 9 Learn from other industries
10 RightShip Qi & Predictive Analytics Page 10 Learn from other industries
11 RightShip Qi & Predictive Analytics Page model performance Proposed Star Rating Vessel Count 2015 Casualties 2015 Casualty Rate % % As on 1 st January % % % 19+ fold casualty differential between 1 & 5 star vessels!
12 RightShip - Promoting Safety & Sustainability Page 12 Unfortunately there are still shipping companies which have made a deliberate choice to operate substandard ships.... These conditions are unacceptable Perhaps the risk of being detained and rectifying deficiencies outweigh the costs of running a bonafi de operation... and will be enforced rigorously. Some of these ships are published Unfortunately the seafarers on these ships have to live under often horrendous working and living conditions... on our web site in caught in the net. Sometimes crew are waiting for months to get paid or they are not allowed their leave on time...
13 Partnering for Sustainability Page 13 Finding a green ship in a blue ocean
14 Partnering for Sustainability Page 14 Context of Maritime Emissions
15 Partnering for Sustainability Page 15 Context of Maritime Emissions
16 Partnering for Sustainability Page 16 Tell me something I don t know
17 Partnering for Sustainability Page 17 GHG Emissions
18 Partnering for Sustainability Page 18 GHG Emissions
19 Partnering for Sustainability Page 19 GHG Emissions
20 Partnering for Sustainability Page 20 GHG Emissions
21 Partnering for Sustainability Page 21 Page 21 Combat Information Asymmetry
22 Partnering for Sustainability Page 22 Page 22 Rightship s GHG Emissions rating EVDI = CO 2 emission transport work IMO s EEDI = EVDI : Basis for Comparison Data sources e.g. IHS Fairplay, QI, Owners, etc. Ship types 79,000+ vessels Data verification during vetting process Approximately 13,000 ships in RightShip database verified A-G GHG Emissions Rating Relative comparison of peer group Provides industry framework for comparison Identify most efficient vessel Fact: ~15% of world fleet will have EEDI by 2020.
23 RightShip - Safety & Sustainability Page 23 Calculating The GHG emissions rating EVDI / EEDI Calculate EVDI Log Value Apply Weights to Log Values Calculate Z-Score GHG Emissions Rating 90,000 DWT Bulker 100,000 DWT Bulker 10% smaller in DWT 10% larger in DWT ,000 DWT Bulker
24 Incentivizing Sustainable Shipping Page 24 Methodology CASE-BY-CASE ASSESSMENT vs.
25 Incentivizing Sustainable Shipping Page 25 Methodology FUEL CONSUMPTION CO 2 EMISSIONS Single Voyage and Long Term Time Charter Chartered vessel AIS tracking (satellite) utilized Origin and destination of journey Speed and distance Replaced vessel Design particulars Estimate journey Methodology: ~3rd GHG Study
26 Incentivizing Sustainable Shipping Page 26 Results AVERAGE SAVINGS: 5.2% 8.6% Case-by-case assessment 247 cases assessed 136 cases suitable for comparison Fuel Consumption and CO 2 Savings Majority of individual cases achieved savings Charter party key factor: Size / utilization Speed (design speed) Shipmap.org
27 Incentivizing Sustainable Shipping Page 27 Conclusion AVERAGE SAVINGS: 5.2% 8.6% Explicitly considering fuel efficiency in chartering decisions offers significant fuel, financial, and emissions savings
28 Partnering for Sustainable Ports Page 28 Page 28 GHG Emissions rating Robust Methodology: DNV GL reviewed Easy to use, understand Corporate Social Responsibility, transparency Reduces CO 2 & associated emissions Cheaper to run: Tyndall research Free of charge:
29 Partnering for Sustainable Ports Page 29 Page 29 Port INCENTIVE PROGRAM In Americas.. Implemented in Vancouver & Port Prince Rupert Working with Lazaro Cardenas, Ensenada, Port of Quebec, Port of Montreal...
30 Partnering for Sustainable Ports Page 30 Page 30 How DOES THE PROGRAM work? Port determines incentive program to reward energy efficient vessels 1 Vessel Verifies data & agent applies for discount 2 Port verifies eligibility from RightShip Database 3 Port issues incentive
31 Partnering for Sustainable Ports Page 31 Page 31 Port Incentive Program 6 Step RoadMap 1 Initial engagement with ports to scope will and capability to offer incentives Overview of structure and benefits within a environmental incentive program Benchmark historical vessel arrivals to estimate potential cost implications for the port incentive program Port internal approval process determine structure of incentive program including cost, administration, communications and operational requirements Develop a joint media plan and schedule for press release Implement environmental incentive program, including ongoing monitoring and program reviews
32 Incentivizing Sustainable Shipping Page 32 Partnering for Change Key benefits for ports Reduced emissions in port & the voyage Increase cargo volumes reduce GHG emissions Monitor and track emissions per call Public image / stakeholder relations Health benefits all stakeholders
33 RightShip - Promoting Safety & Sustainability Page 33 Secure the Maritime Supply Chain, be Profitable! Accelerate industry sustainability - working together Opportunity to incentivize energy efficiency P I P Transparency & Resilience Eco Vessels = Healthy / Profitable / Safer Vessels = Lower Risk
34 RightShip - Promoting Safety & Sustainability Page 34 Sustainable Vessel Selection Pays
35 Page 35 Partnering for Sustainable Ports RightShip
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