Thu 27 Aug 2015, 11:42 GMT

RightShip to adjust GHG Emissions Rating formula


Updates are expected to take place 'over the next few weeks'.



Ship vetting specialist RightShip has confirmed that it is making "some minor adjustments" to its Greenhouse Gas (GHG) Emissions Rating as part of its commitment to ensure that the rating "reflects the latest outcomes from the IMO working groups, and also responds to industry feedback".

In a statement, RightShip said: "Following a recent review by DNV GL, we are making some minor adjustments to our formula so it more accurately evaluates existing vessels as well as enabling us to apply it to additional vessel types.

"Whilst these will not have a large impact overall, it may cause a slight adjustment to some vessel ratings."

RightShip stated that the updates would take place "over the next few weeks" and would include:

- changes to assumed fuel type for non-verified vessels.
- aligning ship types for comparison of GHG Emissions Rating with recent updates.
- updating the Phase 1 Reference Line comparison.

RightShip developed the GHG Emissions Rating to address the several thousand vessels currently in service that annually emit carbon dioxide emissions into the atmosphere.

RightShip's Existing Vessel Design Index (EVDI) estimates the theoretical amount of carbon dioxide emitted per tonne nautical mile travelled, based on the design characteristics of the ship at the time of build such as cargo carrying capacity, engine power and fuel consumption. While the International Maritime Organization's (IMO) Energy Efficiency Design Index (EEDI) applies to new ships, the EVDI can be used for the existing fleet.

EVDI values are calculated from ship-sourced data as well as RightShip's Ship Vetting Information System (SVIS), IHS Maritime, classification societies, engine manufacturers and yards.

The GHG Emissions Rating is a measure derived from the EVDI that allows relative comparison of a ship's carbon dioxide emissions to vessels of a similar size and type using a simple A - G rating scale.

Image: RightShip's A - G rating scale for its Existing Vessel Design Index (EVDI).

DNV   IMO  

Flag of Brazil. Petrobras resumes bunkering operations at Rio Grande Terminal after power restoration  

Brazilian supplier restarts marine fuel supply after completing an inspection following an electricity outage.

Stena E-Flexer vessel render. Stena RoRo orders battery-ready E-Flexer 2.0 ferries from Chinese yard  

Vessels include diesel engines capable of running on biodiesel and are methanol-ready.

BW Gemini vessel. Nord Gas Solutions to supply cargo and fuel systems for eight BW LPG VLGCs  

Gas-handling systems specialist awarded contract for new 90,000-cbm vessels.

Kingston Trader vessel. TFG Marine fits mass flow meter to Jamaica-bound bunker barge  

Kingston Trader becomes the first Caribbean bunkering vessel with mass flow metering as TFG Marine’s fleet coverage nears 90%.

Sebastian Vasquez and Camilo Angulo Ferrand, Monjasa. Monjasa announces full-chain marine fuel operations in Cartagena  

Monjasa says it now covers the entire marine fuel supply chain in Colombia, from oil wells to ship-side deliveries.

Steel-cutting ceremony for vessel with builder's hull no. H619. Ceremonies held for Van Oord’s methanol-hybrid rock installation vessels  

Two ships advance through parallel construction at China’s CIMC Raffles shipyard.

WK NatPower and AREL MoU signing. Wah Kwong NatPower signs MoU to explore Hong Kong marine electrification  

Venture will examine shore power, vessel charging and electric vessel deployment around Aberdeen’s waterfront.

Vard 4 39 design render. Dong Fang Offshore orders CSOV with battery-hybrid propulsion  

Vard secures fifth newbuild contract from Taiwanese firm, with delivery scheduled for 2028.

Rock Star vessel. CSL and OWL launch first subsea rock installation vessel for offshore wind  

MV Rock Star can run on MGO and methanol and is designed to support scour protection and cable burial for offshore wind projects.

François Michel and Andy McKeran. Lloyd’s Register study backs 200,000-cbm LNG carriers for fleet renewal  

Analysis finds larger LNG carriers could cut transport costs while retaining access to most major terminals.