Terntank wins award

April 17, 2015

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Terntank wins Marine Propulsion magazine?s Shipowner Efficiency Award 2015

The Shipowner Efficiency Award was one of seven categories in this year?s Marine Propulsion awards scheme. The scheme celebrated innovations made during 2014 and the Shipowner Efficiency Award was judged against this standard: ?The winning entry will demonstrate an improvement in efficiency that has brought benefits to both the company and its customers, in terms of reduced time, costs, waste or energy consumption.?

The awards scheme was widely publicised, including in Marine Propulsion magazine itself, through social media such as the many LinkedIn groups run by Marine Propulsion magazine, by email messages and phone contacts. Companies could nominate themselves or others for an award and the opportunity for making nominations via an online application form was open for about three months until the end of February. In Terntank?s case, the nomination was made by a reader of our Tanker Shipping and Trade magazine, which had featured its planned LNG-powered newbuildings in a recent article.

A panel of internal and external judges (Prof John Carlton, Professor of Marine Engineering at City University, London, and Derek Hodgson, Permanent Secretary of the International Association of Classification Societies, supported by the editor of Marine Propulsion, Paul Fanning, the Group Managing Editor of Riviera Maritime Media, Edwin Lampert, and the Executive Editor of Riviera Maritime Media, Paul Gunton) reviewed the entries and identified shortlists for each category. Those shortlists were posted online for final selection of the winners by readers of Marine Propulsion.

On an award ceremony on the 15th of April in London, Terntank was the winner of the three nominated ship owners. The panel of judges, made the following motivation for the award:

?Terntank is pioneering the use of LNG fuel in the tanker industry and has four LNG-powered product tankers on order. The ships will have a large propeller and an advanced hull design, reducing fuel consumption. The engines will only need to run at 65 per cent mcr to reach service speed.?

Tryggve Möller was present in the award ceremony and collected the award.

The judges and readers recognised Terntank?s innovations in both ship design and powering to improve efficiency and reduce energy consumption for these newbuildings.