ClassNK launches 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.

This new service estimates the cost impact of GHG emission reduction regulations, including IMO's mid-term measures, EU-ETS, and FuelEU Maritime on behalf of clients.

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 summarises the total cost outlook for the entire fleet through graphs and tables.

ClassNK Fleet Cost Simulation

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 the following two offerings:

ClassNK Fleet Cost Calculator (Excel format)

  • Covers three major environmental regulations: IMO GHG Fuel Intensity (GFI), EU-ETS, and FuelEU Maritime.
  • Allows flexible customisation 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)

  • Provides a report summarising 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.
  • Upon request, ClassNK offers an advanced version of the report, which simulates and analyses the timing and effects of fuel conversion for cost optimisation.

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