The tool allows shipping companies to compare options for vessel upgrades, fuel conversion and fleet renewal, while also enabling them to assess the combined impact of overlapping global and regional rules.

ClassNK has launched an Excel-based fleet cost simulator for shipping stakeholders, regardless of classification society, allowing them to model regulatory and operating costs through 2050, according to ClassNK. An Excel-based fleet cost simulator has been opened by ClassNK to shipping stakeholders, regardless of classification society, allowing regulatory and operating costs to be modelled through 2050, according to ClassNK

The cost impact of different fuel-transition

The service allows users to test the cost impact of different fuel-transition and investment strategies across individual vessels or entire fleets. Assumptions regarding fuel prices, technology adoption, energy-efficiency improvements, and regulatory changes can be adjusted to reflect users’ operating plans.  

 Options for vessel upgrades

Shipping companies can use the tool to compare options for vessel upgrades, fuel conversion and fleet renewal while assessing the combined impact of overlapping global and regional rules.  ClassNK said the simulator is not intended to predict future outcomes. It instead provides a structured basis for comparing scenarios and examining how regulatory and operating costs could develop under different assumptions. The calculation methodology and core assumptions remain visible for independent review. Analysis is conducted within the user’s own Excel environment, allowing commercially sensitive fleet and cost information to remain under the user’s control. The service is also available to shipbuilders, charterers and cargo owners.  

Related: ClassNK receives authorization from the French flag

ClassNK, formally Nippon Kaiji Kyokai

ClassNK, formally Nippon Kaiji Kyokai, is a classification society that provides technical services, expertise and decision-support tools to maritime stakeholders.ClassNK has launched an Excel-based fleet cost simulator for shipping stakeholders, regardless of classification society, allowing them to model regulatory and operating costs through 2050, according to ClassNK. ClassNK Fleet Cost Simulation brings the IMO’s mid-term greenhouse gas measures, including GHG Fuel Intensity requirements, together with the EU Emissions Trading System and FuelEU Maritime in a single analytical environment.  

Source: Press Release

  #. ClassNK Fleet #Nippon Kaiji Kyokai # 2050 compliance cost simulator  #ClassNK #fuel-transition