update NewS from dNv to the tANker INduStry No 02 2011 - Hays

Innovation AwardsDNV winsInnovation AwardsDuring the months of September through November this year,DNV has received three different innovation awards, as describedbelow. Triality has been an important contributor to this, in additionto DNV’s other innovation projects over the last couple of years.TEXT: JAN KOREN, DNVPhoto: Lloyd’s List›› Lloyd’s List Global Innovation Award,London, 21 September 2011Ioannis Kourmatzis, Chief Operating Officer, DivisionEurope and North Africa, receives the prize on behalfof DNV from Chris Potter, Chief Executive of ASRY.the Lloyd’s List InnovationAward “The DNV Triality project stoodout from the pack because it offered atruly innovative attempt to look into thefuture and address real problems with realsolutions.”This was the reason stated by Lloyd’sList and its nine-member highly skilledand experienced international judgingpanel when the award for the best innovationproject in the global shipping industry2011was presented at a ceremony in Londonin late September.“I was really pleased and honouredto accept the award on behalf of a lot ofskilled, hardworking DNV colleagues,” saidIoannis Kourmatzis, DNV’s COO Europe& North Africa.When the financial crisis hit the shippingindustry in late 2008, DNV decided tomeet the upcoming challenges by focusingeven more on innovation. Triality was oneof several innovation projects initiated,and a group of almost 30 talented, mostlyyoung engineers representing a wide set ofdisciplines was formed to run it. The projectwas completed and presented at thebeginning of December last year.Triality is a VLCC concept that isfuelled by liquefied natural gas (LNG)and has a hull shape that eliminates theneed for ballast water. The very low LNGtemperature is used to recover cargovapours (VOCs) and cool the combustionair supplied to the main engine in orderto increase engine efficiency. All this willreduce emissions to the atmosphere to significantlybelow the level stipulated in anyregulations that are foreseeable today.Lloyd’s List stated that: “DNV won thisyear’s award because they dared to thinkwell beyond the current conservatisminherent in shipping and handed a seriousproblem to a team of talented youngengineers unencumbered by entrenchedthinking.”And the judging panel continued: “Theresulting project was a fascinating seriesof solutions and concepts that ultimatelyproduced a radical design for an LNGpoweredvery large crude oil carrier.”The innovation category presented thejudges with their toughest debate, as noother category had that many candidates– 20 strong entries. All in all, awards weremade in 14 different categories, representingall parts of the extensive, global shippingindustry.Like most other concepts – such asthose created in the car industry – Trialitywill probably never be built exactly as ithas been presented. However, major partsof its solutions and ideas will certainly bepicked up and used.As the tanker shipping industry is facingmajor challenges due to very low freightrates and few newbuilding orders arebeing signed right now, the time should beright to look into new opportunities –suchas those represented by Triality.There was an extensive presentation ofTriality in Tanker Update No 2, 2010.22 | Tanker UPDATE NO. 2 2011