Nanol Technologies, which produces lube oil additives, has announced that a 2 per cent reduction in fuel consumption has been proven on Seagard, an operational roro cargo vessel, with the use of its technology in the main engine.
Statistical analysis and verification by NAPA, the leading maritime data analysis, software and services provider, demonstrated that use of the additive in the ship’s main engine delivered savings during the testing period. The test was overseen by leading class society Lloyd’s Register.
In a project commissioned by the charterer and the operator of the ship, European shipping company Transfennica and owner-operator Bore, ClassNK-NAPA Green vessel performance monitoring collected data over a four-month period during which the vessel operated along the same route and with the same engine settings. Two months of data collected during the control period was compared to a two-month period with the recommended levels of Nanol’s lubricant additive present in the system.
Advanced algorithms were used to take into account fuel calorific value, operating conditions and typical engine load range. This analysis showed a statistically significant reduction in fuel consumption between the two periods, averaging a 2.01 per cent reduction in fuel use when Nanol’s product was present in active quantities.
The verification of the results of Nanol’s technology has led Transfennica to continue further testing of its use on Seagard and consider expanding it to other vessels in its fleet. The ground-breaking results have also helped Nanol to secure the opportunity to meet venture capitalists to support its future growth and development. Nanol was selected from over 1,200 applicants as one of only 50 businesses to be invited to the Start-Up Fest Investor Tour in Amsterdam, The Netherlands.