ClassNK launches ‘ClassNK Fleet Cost Simulation’ service

ClassNK has launched a new service, ‘ClassNK Fleet Cost Simulation’, as part of its ‘ClassNK Transition Support Services’, which aims to facilitate the maritime industry’s transition to decarbonised fuels. It estimates the cost impact of GHG emission reduction regulations including IMO's mid-term measures, EU-ETS, and FuelEU Maritime on behalf of clients.
 


The service provides the ‘ClassNK Fleet Cost Calculator’, a calculation tool that simulates future cost fluctuations due to fuel conversion, along with a ‘Cost Estimation Report’ that summarises the total cost outlook for the entire fleet through graphs and tables. This significantly reduces workload for cost estimation and documentation, enabling clients to obtain reliable cost data for use in business planning.



The ‘ClassNK Fleet Cost Simulation’ service includes the following two offerings: 

ClassNK Fleet Cost Calculator (Excel format), which:

-        Covers three major environmental regulations: IMO GHG Fuel Intensity (GFI), EU-ETS, and FuelEU Maritime. (Updates will be provided to reflect regulatory changes.

-        Allows flexible customization of assumptions, including not only ship prices and fuel prices but also vessel replacement timing, fuel efficiency improvement rates, GHG emission factors, etc.

Cost Estimation Report (PowerPoint format), which:

-        Provides a report summarizing cost projections up to 2050 in graphs and tables, based on actual fuel consumption data.


-        Comprehensively reflects cost factors that affect business including shipbuilding, fuel, and regulatory compliance.


-        Is delivered in PowerPoint format, ready for direct use in internal presentations and reporting for management.

-        As an additional service upon request, offers an advanced version of the report, which simulates and analyses the timing and effects of fuel conversion for cost optimisation.

ClassNK says it will continue to comprehensively support its clients' decarbonisation efforts through further enhancements to the ‘ClassNK Transition Support Service’.