8 jude correa-moderncontainership

MODERN CONTAINER SHIP DESIGN

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Introduction

Derived Demand for .

Financial Fortitude of Supplier of ..

Private and Confidential © Copyright 2011 1

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Financial Fortitude of Supplier of ..

Ship Design modernisation

Operational Advantage, and Competencies55

66 Critical Success Factors

The modern BOX SHIP manifests ‘specialised strategies’

Private and Confidential © Copyright 2011 2(1) Please refer to Appendix for 2013 EBITDA assumptions

The independent charter owner

A SOLUTIONS PROVIDER TO THE THE LINER COMPANY

Owning or Charter (Leasing ) Mega Container Ships

For the

For Liner Company

• Leasing for 8-10 years

• Off Balance Sheet

• No financing costs

• Secured long-term hire costs


For Charter Owner

- Steady cash flows

- Advantageous finance terms

from lenders and equity

markets

- Leverage with shipbuilders and

designers by series ordering i

Charter Ownership : Stakeholder-oriented strategy

Customers:

Liner Companies

Shipyards

Commercial

Banks


Regulators,

NGOs, Public Investors

Seaspan

YEAR GROWTH (%)

Favorable Supply / Demand Fundamentals

•• Containerized Trade Demand Fundamentals Have Returned to Containerized Trade Demand Fundamentals Have Returned to

Historic Growth of ~10% Per Annum Historic Growth of ~10% Per Annum ..

•• Excess Excess Demand is Projected Over the NearDemand is Projected Over the Near--Term Term ..

10%

15%

20%


Fleet Supply

Growth

Trade Demand

Growth

YEAR –OVER –YEAR GROWTH (%)

Source: Clarkson Research Services.

(9%)(10%)

(5%)

0.0%

5%

10%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011E 2012E

Modern Container ship Design – the DRIVERS

Strategic Plans of Liner Companies:

� Reduce staff, increase productivity

� Modify ship deployment routes

� Optimise container usage, secure


� Optimise container usage, secure

return freight

� Avoid port delays

� Save fuel costs by slow steaming

SHIP DESIGN : Product Innovation.

Commercial

Innovators

Ship Design


Ship Design

Innovators

Competitive Focus-

Must Win Battles

Leadership in Innovative Vessel Designs

� Innovation – Leading edge ship designs and optimized operating procedures

� Minimize vessel energy requirements

� Meet current and anticipated environmental regulatory requirements

� Maximize utilization of vessel capability for carrying cargo

Who is the Preferred Supplier

of Containership Tonnage


� Maximize utilization of vessel capability for carrying cargo

� Sustainability – Exceptional performance and competitive advantage

� A paradigm shift in Customer expectations presents an opportunity to

gain competitive advantage through environmental leadership

Modern Container ship Design :

Determinants for an efficient 10,000TEU vessel

� Lightweight reduction

� DWT between 106,000 and 110,000 MT

� Speed at design draft to be at least 24.5 knots

� Optimised performance between 18-22 knots at 13-14 m

draught

� 10 Tiers in Cargo Holds


� 10 Tiers in Cargo Holds

� Flexible loading

� 700 Reefers

� Minimum ballast

� Optimised Homogenous Loading for 10 mt, 11 mt , 14 mt/TEU

� Energy - Consideration of Waste Heat Recovery Systems

Environmental –SAVER Vessel


Ship Design : Hull Form – Aquadynamic properties


Source: DNV

Block Coefficient of 0.58

Displ B T LWL CB

[t] [m] [m] [m]

Ref Hull 122109 48.0 13.5 316.9 0.58

Ref Hull B=45.5m 122112 45.5 13.5 334.4 0.58

Ref Hull B=50.5m 122112 50.5 13.5 301.2 0.58

Ref Hull Cb=0.60 122113 48.0 13.5 306.4 0.60

Ref Hull Cb=0.62 122109 48.0 13.5 300.9 0.62

Improvements – Ballast Optimisation (12T/TEU)


Ship Design - Cargo Load & Operational Considerations

� Reefer Containers

� Minimum Ballast on Arrival &

Departure

� Flexible loading in the cargo

holds


holds

� Stack Load capacity

� Lashing bridges

3 Tier LB at 6 tiers stacks or higher for improved

weight distribution

Main Engines Considered

� MAN – 9K98ME7.1

� MCR: 56070 kW @ 97 rpm, SFOC: 174 g/kwh

� MAN – 9S90ME-C9.2

� MCR: 52290 kW @ 84 rpm, SFOC: 167 g/kwh

� MAN – 10S90ME-C9.2


� (MCR: 58100 kW @ 84 rpm, SFOC: 167 g/kwh

� MAN – 10S90ME-C9.2 De-Rated

� MCR: 52290 kW @ 84 rpm, SFOC: TBA g/kwh

Study Finding

9S or 10S engine to be the better selection, (with an option for fitting an exhaust-gas bypass

of the turbocharger(s) ,or by duly de-rating)

Ship Design : Innovation – lightweight , ship speed/fuel

consumption

5000

10000

15000

20000

25000

30000

35000

40000

Lig

htw

eig

ht

in T

on

s

25000

30000

35000

40000

45000

50000

4250


0

Seaspan 9600TEU Vessel

Saver 9000TEU 20x19

Saver 9000TEU 19x19

0

5000

10000

15000

20000

25000

22 20 18

4250

8500

13100

Waste Heat Recovery Plant (Steam & Power Turbine)


SHIP DESIGN – IMO- Energy Efficiency Design Index (EEDI)

EEDI factors evaluated during design development

� Targeting more than 20% improvement from IMO base line

� EEDI improved with WHR

� EEDI is improved with less installed power

� To reduce the EEDI we need to move more cargo with lower fuel

consumption


Finding

� Hull and propeller forms to be optimized as much as possible

� Engine selection important –new super long stroke, low rpm engine

to be adopted

� WHR plant to be considered

� SFOC optimizing to be considered

� High cargo loadability

EEDI – Seaspan Fleet

15%

20%

25%

15.0

20.0

25.0

% Below IMO EEDI Value

IMO Baseline

SSML EEDI

% below Baseline


0%

5%

10%

0.0

5.0

10.0

2500 3500 4250 4250 4250 5100 8500 8500 9600

IMO Baseline

EEDI Value

Vessel Series

Efficiency Metrics – Comparison with ref. 9600 TEU vessel

30.0%

35.0%

40.0%

45.0%

14 T/TEU - % Improved(TEU/Ton of Fuel/Day)

KS97 - 10S90ME-C9.2 DeR

KH97 - 9K98ME7.1


0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

18 kn 20 kn 22 kn 24 kn

KH97 - 9S90ME-C9.2

KH97 - 10S90ME-C9.2

KS97 - 10S90ME-C9.2

KH97 - 10S90ME-C9.2 DeR

EEDI – Example 22% improvement


Source: SHI

CRITICAL SUCCESS FACTORS : FOR SUSTAINABILITY IN CONTAINERSHIP MANAGEMENT

�Successful

�Environmentally Efficient

�Attentive


�Strong

�Progressive

�Assertive

�Novel

ENVIROMENTAL LEADERSHIP & RESPONSIBILITY


The modern Box Ship :

THANK YOU FOR YOU’RE YOUR “Seaspan-like”

ATTENTION !!!


8 jude correa-moderncontainership

Design

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