The Quest for Fuel and Emissions Reduction Technology
As the Director of Innovation at Ardmore Shipping, Garry Noonan offers vital insights into emerging technologies that have a significant impact on fuel consumption and emissions reduction in the shipping industry. During the transition to cleaner fuel solutions, which he predicts will occur in the 2030s, Noonan shares his thoughts on efforts to make Ardmore’s chemical and product tanker fleet more efficient and future-ready.
Efficient Ships and Systems: A Top Priority
At the heart of Ardmore Shipping’s success is the relentless pursuit of efficiency, not just concerning ships, but comprehensive processes and systems as well. Noonan’s expertise spans various steam, motor, and dual-fuel diesel-electric propulsion systems, culminating in his current role, which concentrates on formulating and executing Ardmore’s energy transition plan.
Nurturing a Culture of Innovation
Integral to Ardmore’s innovation drive is its focus on software and soft skills, which calls for a culture change in the organization. Noonan emphasizes the importance of cultivating a culture of idea generation and active problem-solving. By encouraging seafarers to look for solutions, Ardmore Shipping benefits from numerous avenues for improving efficiency and generating savings.
Return on Investment: An Essential Benchmark
For any technology to be integrated into Ardmore’s fleet, it must first demonstrate a solid return on investment. Noonan’s favorite technology, variable speed drives, has had a significant impact on reducing fuel consumption. However, he remains pragmatic about various other methods, such as wind sails and air lubrication, as their return on investment for Ardmore’s vessels may not align with the 15-year life cycle of Ardmore’s ships.
A Collaborative Approach to Energy Transition
Despite challenges faced by the constantly-changing spot market, Noonan reveals that Ardmore is devoted to overcoming obstacles on the path to the energy transition. By collaborating with customers and sharing risk, the company creates mutually beneficial partnerships that help address decarbonization issues in the shipping industry.
The Power of Coatings
Coatings are an essential tool in fuel and emissions reduction, and Ardmore Shipping insists on using the highest-performing coatings available. Although the true value of coatings in conserving fuel and emissions is elusive, Ardmore is conducting several trials and tests to obtain satisfactory results and maintain its efficiency-driven course.
