The ClassNK Fleet Cost Simulation service includes two offerings – the ClassNK Fleet Cost Calculator and Cost Estimation Report.
ClassNK has introduced a new service, ClassNK Fleet Cost Simulation, as part of its ClassNK Transition Support Services. It aims to facilitate the maritime industry’s transition to decarbonized fuels.
The new service estimates the cost impact of GHG emissions reduction regulations, including IMO’s mid-term measures, EU-ETS, and FuelEU Maritime on behalf of clients. According to the press release, this 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 summarizes the total cost outlook for the entire fleet through graphs and tables.
This service 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 two offerings – the ClassNK Fleet Cost Calculator (Excel format) that covers three major environmental regulations IMO GHG Fuel Intensity (GFI), EU-ETS, and FuelEU Maritime; and allows flexible customization of assumptions, including not only ship prices and fuel prices, but also vessel replacement timing, fuel efficiency, improvement rates, and GHG emission factors, etc.
The second offering – Cost Estimation Report (PowerPoint format) 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; delivered in PowerPoint format, ready for direct use in internal presentations and reporting for management.
Furthermore, there’s an advanced version of the report, for users upon request, which simulates and analyses the timing and effects of fuel conversion for cost optimization.
