The Workboat Show proved once again to be one of the best places to go to see the latest in technology and products targeted to the commercial marine industry. There were some cool new and innovative products as well as a lot of familiar faces with updated versions of products we’ve seen before.
What was evident, however, was that many products and offerings that were targeted to vessel systems associated with engines or propulsion equipment listed fuel savings as a key reason to purchase their technology.
With fuel prices continuing to rise (up another $34/ton from my last post) there is little doubt that fuel economy will once again become a very significant issue. Operators will once again start actively looking for ways to reduce fuel consumption to cut costs; and once again, the industry comes to this point with less than 10% of all vessels afloat today equipped with the tools necessary to measure and monitor fuel use.
So two things;
1)Ask yourself one question – “Is reducing fuel consumption important to my company?” If the answer is yes, how will you address the issue?
2)If you haven’t done so – please take the Marine Fuel Management survey – click on the link under “Participate In A Survey” below right.
Remember …
Having good information is key to making good business decisions and MFM solutions are key to having good information about your vessels fuel consumption and operating habits.
