TOTAL COST OF OWNERSHIP OF MARINE PROPULSION ENGINES CIMAC CIRCLE AT SMM/HAMBURG SEPTEMBER 9, 2010 ROLF VESTERGREN VP ADVISORY SERVICES WÄRTSILÄ 1 / 19 Wärtsilä
Customer drivers Wärtsilä Design, build and support innovative high quality lifecycle solutions Innovativeness (energy, efficiency, economy) Lifecycle support 24/7 Design support Asset optimisation Price Quality Availability Design Shipowner/Operator uninterrupted operations with lowest possible operating costs Price Quality Availability Design Shipbuilder build vessels which meet the requirements with lowest possible cost 2 / 19 Wärtsilä
Example of Total Cost of Ownership for Main Engines Installed power 12600 kw Average load 85 % Fuel price 335 /ton Fuel consumption 183 g/kwh Lube oil consumption 0.6 g/kwh Capex 4.5 M Man power 63 k /month Insurance 1 %/year Interest rate 7 % Maintenance cost based on manual + experience 3 / 19 Wärtsilä
Example of 25 years ownership 4 / 19 Wärtsilä
Total Cost of Ownership How can we as an engine builder help optimising the Total Cost of Ownership for our customers assets? 5 / 19 Wärtsilä
Wärtsilä Optimisers The Vision An major part of the interactions and businesses will rely on modern communication and information technology. How can we efficiently use the technical possibilities to reduce risks and improve the OPEX Wärtsilä Optimisers Wärtsilä Optimisers is a new information based service model in the industry that supports co-creation and an optimization of asset performance through a collaboration between customers, OEM expertise and other stakeholders. 6 / 19 Wärtsilä
The technical solution To any application Connect any type of equipment Through any type of communication Anywhere 7 / 19 Wärtsilä
Collaboration OEM expertise Online services Back-office experts 24/7 response Global support Optimisation Support Onboard personnel Safety manning level onboard Assistance from onshore On-shore management Operational planning Monitoring Reporting 8 / 19 Wärtsilä
Legislation changes Air emission legislation/regulation developments 2006 2008 2010 2012 2014 2016 2018 2020 EU SO X regulation / 1.5 % sulphur in fuel/ passenger ships in EU + all ships in SECA Differentiated tonnage tax / NO X / Norway Differentiated fairway & harbour fee / NO X, SO X / Sweden / Finland EU SO X regulation/ 0.1 % sulphur in fuel/ EU ports + all inland waterways IMO SO X regulation / Sulphur in fuel/ SECA 2010 & 2015, globally 2020 Marine CO 2 cap / IMO Energy Efficiency Operational Index IMO emission regulation/ Expansion of the ECA to USA and Canada US-EPA Tier III & IV / NO X, PM, THC/ US flagged, eng<30 l/cyl Foreseen, not yet in place IMO Tier III on NO X / new ships in NECA 9 / 19 Wärtsilä
Wärtsilä dual-fuel (DF) engine portfolio 20DF 6L20DF 1.0 MW 8L20DF 1.4 MW 9L20DF 1.6 MW 34DF 6L34DF 2.7 MW 9L34DF 4.0 MW 12V34DF 5.4 MW 16V34DF 7.2 MW 20V34DF 9.0 MW 50DF 6L50DF 5.85 MW 8L50DF 7.8 MW 9L50DF 8.8 MW Higher output for 60Hz / Main engines 12V50DF 11.7 MW 16V50DF 15.6 MW 10 / 19 Wärtsilä 18V50DF 0 5 10 15 17.55 MW
Extension of Wärtsilä s low-speed engine portfolio New RT-flex 35 and 40 bore engines Lightweight engine, designed for reliability and lowest possible Total Cost of Ownership First delivery in August 2011 11 / 19 Wärtsilä
Tier II tuning variants illustration (RT-flex68-D) RTA RT-flex cost-opt. RT-flex Standard RT-flex Delta RT-flex Low-load 178 176 174 172 bsfc, g/kwh 170 168 166 164 162 40% 50% 60% 70% 80% 90% 100% 110% 120% load 12 / 19 Wärtsilä
Wärtsilä s Global Service Network and Trading Routes 11 000 professionals 160 service stations 70 countries 13 / 19 Wärtsilä
Thank You! / 19 Wärtsilä 14 Wärtsilä 22 September 2010 Presentation name / Author, DocumentID: