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A new TCC to reduce fuel consumption

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Hydrocarbon Engineering,

Industrial Nanotech, Inc., a global leader in nanotechnology based energy saving solutions, has announced the completion of a successful project with their patented Nansulate® High Heat temperature control coating (TCC) to insulate and prevent corrosion on the heavy fuel oil (HFO) system of a container vessel. The coating was documented to reduce the diesel fuel used to heat the HFO system by 30%, reducing daily diesel fuel usage by 360 litres, equating to more than 7500 litres of diesel fuel potentially saved during a typical 21 day round trip from Asia to the US and back again, equivalent to approximately US$3525 or more in cost savings.

The project was undertaken on a 3725 TEU container vessel. The company's high heat insulating and anti-corrosion coating was applied to the HFO tanks and tubular system at a coverage of six coats, totalling a 0.20 mm final dry film thickness. The cost of application and materials used to insulate the HFO tanks and tubular systems was US$1100. The return on investment was achieved after 95 days of sailing.

"This project, completed by an established Dutch maritime company, provides an entry into the maritime industry," stated Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. "A savings of 30% in diesel fuel costs for the HFO systems aboard container ships, cruise ships, and other vessel types and with such a short payback period is significant. Additionally, those savings don't reflect the benefit of reduced replacement and maintenance costs from protecting the HFO system from corrosion. The coatings are uniquely suited to the marine environment because of their excellent corrosion, salt spray and salt air resistance. Besides the positive impact this has on the bottom line of the vessel operators and potential reduced shipping costs, it also means great things for the reduction of carbon emissions and running more sustainable ocean voyages. If we use the well to wheel fuel emissions factor for diesel oil of 2.9kg CO2/litre, that is a daily saving of 1044 kg of CO2 emissions. For a 21 day voyage, that's 21 924 kg, or 24 t, of emissions for one vessel"

Crolley continued, "According to Dreary Maritime Research, the total number of container ships amounted to 5088 vessels as of August 2014, with a capacity of 17.8 million twenty-foot equivalent unit (TEU), so if we estimate product cost per equivalent capacity vessel, that would mean product sales revenue to Industrial Nanotech, Inc. of over US$38 000 000 just for container ships alone, not including all other types of ships.”

In addition to lowering international shipping costs, the value of reduced pollution in the major ports of Shanghai, Singapore, Hong Kong, Los Angeles, Rotterdam, Antwerp, Hamburg, New York, New Jersey and many others around the world and the resulting reduced carbon emissions is incalculable.

Adapted from press release by Francesca Brindle

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