The Vessel Technology Assessment Project, which ran from 01 January 2018 to 31 March 2019, was an Energy Technologies Institute (ETI) funded initiative - to help the commercial maritime industry understand the benefits of investing in fuel efficient technologies and accelerate their use. It brought together the combined maritime and engineering expertise of BMT and Black & Veatch.
Formed in 1985 from the merger of the UK's British Ship Research Association and National Maritime Institute, BMT provides pioneering maritime solutions such as designing the world's most advanced aircraft carrier and creating new measuring and monitoring systems for the offshore oil and gas industry. Black & Veatch, formed in 1915 by Ernest Bateman (E.B.) Black and Nathan Thomas (N.T.) Veatch, is one of the world’s most successful engineering, procurement, consulting and construction (EPC) companies with maritime, data analytics and consultancy expertise.
During the Project the team spoke to people across the maritime industry to better understand the barriers to investment in energy saving technologies. It emerged that the lack of independent verification of the performance claims of EST suppliers, together with their novelty, are the main barriers to investment.
VTAS – independent Vessel Technology Advice and Support is a response to that need.
The 15 month project consists of three phases: Phase One aims to identify and engage with a range of shipping stakeholders. Phase Two involves developing capabilities to meet stakeholder requirements; Phase Three will establish a sustainable business to promote and support fuel efficient technology on commercial shipping after the project ends.
During this phase we will identify and engage with a range of stakeholders that are involved in the management, finance, operation, and procurement of vessels and on-vessel energy technologies. The objective of this phase is to assess the needs, attitudes and decision making of stakeholders relating to the use of fuel efficient technologies. This will enable the barriers and opportunities to be fully understood, and addressed in future project phases.
The Project Team will utilise stakeholders insight to identify and develop capabilities to resolve the obstacles that prevent adoption of energy saving technologies -like the development of accurate, transparent and trusted technical and financial models necessary to support investment in energy saving technology.
The final phase of the project will establish a sustainable venture to promote fuel efficient shipping. During this phase we will develop plans to provide products and services, based on stakeholder needs identified in earlier phases. During the final stages of the project we plan to deploy the venture and begin providing solutions to help the industry save fuel, lower operating costs, and reduce greenhouse gas emissions.
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