Finnish and South Korean leaders celebrate landmark deal for shipping collaboration

Associations, Bunkering, IT and Communications, Shipmanagement, Taxation, Technical, Technology — By on November 20, 2014 at 10:47 PM

FINISH S KOREANPrime Ministers of South Korea and Finland attend signing of 50th deal for fuel saving software collaboration NAPA-DSME Power®

SEOUL, SOUTH KOREA – NOVEMBER 20, 2014 – South Korean and Finnish Prime Ministers, Jung Hong-won and Alexander Stubb, today highlighted a landmark 50th deal for the collaboration between Finland’s NAPA Group and Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), as an illustration of the importance of the maritime industry to both nations.

At a ceremony in Seoul held during a visit by Finland’s Prime Minister accompanied by a Finnish business delegation, the two national leaders joined Vice President Head of Basic Design Team of DSME, Odin Kwon and President of NAPA Group, Juha Heikinheimo to mark the 50th order for NAPA-DSME Power®, a joint solution for fuel saving and eco-efficiency in ship operation.

NAPA, the leading maritime software house, has been working with DSME, the second largest shipbuilder in the world, to provide fuel saving optimization software to the international shipping industry since early 2011. As part of DSME’s Green Ship concept, the collaboration directly supports efforts to reduce bunker fuel costs, the highest expense in running a modern vessel.

NAPA-DSME Power® is used to obtain the most optimal trim, route, speed profile, and engine configuration for any given voyage. In addition it includes a complete office platform, which provides a quick overview of fleet efficiency, including tools for detailed analysis of hull and engine performance, and monitoring achievement of the Ship Energy Efficiency Management Plan (SEEMP). This data is made accessible to officers onboard as well as teams ashore to aid decisions and enable efficiency optimisation in ‘real-time’.

Mr. Odin Kwon Vice President Head of Basic Design Team, DSME commented: “NAPA-DSME Power® is integral to our Green Ship concept and it is a significant milestone that the system has now been part of 50 newbuild vessel deals. This illustrates the increasing focus on fuel efficiency across the industry by its direct contribution to fuel consumption reduction, and today we were able to demonstrate to Mr Hung-won and his Finnish counterpart how our shipyard is fundamental to facilitating this trend.”

Mr. Juha Heikinheimo, President, NAPA Group commented: “Through cooperation and collaboration smart solutions like NAPA-DSME Power® are making a huge contribution to the on-going effort of this industry to improve ship safety and eco-efficiency. We want to wholeheartedly thank our partner DSME for their efforts and commitment to working with NAPA, and we will continue to provide them with the very latest high-tech software solutions to the benefit of customers in Korea and around the world.

“With eco-efficiency software, such as NAPA-DSME Power® up to 30% savings can be achieved or validated in ship operating costs. Taking into account the quantity of fuel burned daily by ships, even a 3% saving in fuel consumption results in remarkable cost savings meaning these systems represent a significant opportunity for owners and operators. NAPA is privileged to be part of the development of programs that have such a huge economic impact and positive environmental effect by providing eco-efficiency and safety solutions for our customers around the world. In Korea, NAPA’s Busan office has been operational for a number of years and it offers a strong platform to support and serve our Korean customers and partners in both ship building and shipping. “

About NAPA
In 25 years NAPA has become the world leading software house supplying solutions for ship design and operation with a mission to improve safety and eco-efficiency of the global maritime industry.

NAPA software are used by shipyards, owners, operators, charterers, designers, classification societies, research institutes, authorities, consultancies and universities. NAPA has 400 user organizations for the design application and nearly 2, 000 installations onboard. NAPA is 100% owned by ClassNK.

About DSME
DSME, established in 1973 at Okpo Bay, Geoje Island, has developed into the world’s premium specialized shipbuilding and offshore contractor that builds various vessels, offshore platforms, drilling rigs, floating oil production units, submarines, and destroyers. All vessels and offshore products produced by DSME are of unparalleled quality backed by its cutting-edge IT and systemized shipbuilding technologies based on advanced IT systems, sophisticated offshore platform construction, experience building as well as managing large plant projects, and the state-of-the-art technological prowess to build submarines and destroyers.

 

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