The 76% increase in fuel prices following the United States' war with Iran, along with the aging fleet that averages 13 years old, has made it essential to closely examine ship engines to manage costs. CM Technologies (CMT), as a specialist in engine performance monitoring, advises shipowners to pay careful attention to this issue to reduce expenses.
New Challenges Arising from Increased Costs
Given the commercial pressures from the current price of VLSFO, which is around $881 per ton, as well as the introduction of new regulations to reduce carbon emissions, regular monitoring of engine performance is also crucial to minimize carbon penalties. CMT believes that the combined effect of high fuel costs, aging fleets, and stricter environmental requirements increases the value of accurate engine performance data.
CMT's Solutions for Cost Reduction
CMT provides PREMET solutions to help shipowners reduce fuel costs. The company also emphasizes regular monitoring of engine performance for vessels with a capacity of 5000 tons and above. This information helps ship managers become aware of fuel consumption and carbon emission trends.
Fuhlbrügge, one of CMT's experts, explains that small issues can lead to significant increases in fuel consumption and carbon emissions. With access to reliable data from cylinder pressure and the combustion process, crews can make necessary adjustments to reduce emissions and energy waste.
The PREMET®X technology, known as the diesel performance analyzer, measures cylinder pressure while the engine is running and allows engineers to examine the combustion process. This device, which uses Kistler PiezoSMART pressure sensors, analyzes and outputs engine pressure data. Additionally, the PREMET Fleet Manager tool can compare engine performance across shipping fleets.
CMT currently has over 200 companies using the next generation of PREMET X, with each company having between 1 to 50 devices. This statistic reflects the growing attention to innovative technologies in the shipping industry.
Read more: Call for Identification of Technologists for the AI Technology Exchange Platform in the Petrochemical Industry · Technical Disruption at Abadan Refinery Emitted Smoke
