Technology group Wärtsilä has partnered with Transworld Group to revolutionize the decarbonisation landscape of Orient Express lines, owned by Transworld Group and managed by Transworld Ship Management (TWSM), a leading private sector ship management firm in India. This groundbreaking project aims to leverage advanced decarbonisation modelling capabilities to simulate and assess the impact of efficiency upgrade technologies on the environmental performance of the bulk carrier vessel, 'TBC Prestige'. The order for this venture was placed with Wärtsilä in December 2022.
By developing and validating a digital model of the 'TBC Prestige' based on real-life data, the project will facilitate the simulation and evaluation of various technology solutions. These simulations will shed light on their effect on emissions profiling, the vessel's Carbon Intensity Indicator (CII) rating, and Return on Investment (ROI) calculations. Notably, this pioneering initiative marks the first modelling project of its kind in the Indian maritime market and is a significant component of Wärtsilä's Decarbonisation Services offering.
Sanjiv Kumar, Chief Executive Officer of Transworld Group, expressed their commitment to exploring all possible avenues for decarbonising their fleet operations. The collaboration with Wärtsilä will enable Transworld Group to determine the most cost-effective and efficient strategies for achieving their sustainability goals. The selection of the 'TBC Prestige' for this project is particularly significant, given that Transworld Group possesses ten similar bulk carrier vessels in their fleet.
Sachin Kulkarni, General Manager of Marine Business Sales for South Asia at Wärtsilä, highlighted the unique capabilities of Wärtsilä as the sole equipment supplier capable of providing such comprehensive services. With their extensive experience and expertise in meeting the marine sector's intricate environmental regulatory requirements, Wärtsilä's value-adding service is commendable. Transworld Ship Management's visionary approach in seeking optimal decarbonisation solutions is lauded and reinforces the long-standing relationship between TWSM and Wärtsilä, which encompasses various lifecycle services and solutions.
The project will examine several cutting-edge technologies, including a new optimized propeller, Wärtsilä's Energoprofin energy-saving propeller cap, a shore power solution, and a shaft generator system. The collaboration between TWSM and Wärtsilä sets the stage for significant advancements in decarbonisation efforts, as they strive to establish a more sustainable future for the bulk carriers sector.