WaveSystem will support offshore work, including cable and pipe lay, offshore installations, new floating production storage and offloading (FPSO) projects and drillship activities during well decommissioning.
BACKGROUND
BW Dry Cargo maintains a fleet of 14 modern bulk carriers ranging from Ultramax to Capesize. The company was founded in 2016 as the dry cargo arm of BW Group, operating exclusively as a tonnage provider.
Built in 2019, BW RYE is a Kamsarmax bulk carrier with a deadweight tonnage of 81,600 tonnes, operating worldwide, primarily carrying agricultural products.
THE CHALLENGE
BW Dry Cargo, like shipowners worldwide, invests in new fuel-saving technologies to ensure the best possible efficiency of their fleet. However, they face difficulties when trying to measure the actual effect of such technologies.
“Everyone is promised 10% fuel savings here, 5% efficiency gains there, but nobody can measure if that’s what they really get. We want to eliminate this uncertainty and make investments that matter, whilst calling time on those that don’t,” said Christian Bonfils, Managing Director, BW Dry Cargo.