‒ Successfully developed eco-friendly and highly efficient ¡°STX GD ECO-Ship¡±¡¦taking the advantageous position in the new concept future ship market

‒ A 95% reduction in NOx and SOx, a 45% reduction in CO2

‒ 50% less fuel costs by increasing fuel efficiency by 41%

STX Offshore & Shipbuilding has developed a new concept ship based on eco-friendly technology and is ready to open up new markets.

STX Offshore & Shipbuilding announced on September 21 that it has successfully developed a ¡°GD (Green Dream Project) ECO-Ship¡± which can considerably reduce pollutants emitted from ships and cut fuel costs by over 50 percent at most.

Given strengthening environmental regulations including gas emissions and rising fuel costs worldwide, STX established a task force team earlier last year and started research and development to develop eco-friendly and highly efficient ships. With the successful ¡°GD ECO-Ship¡± development, STX has taken the advantageous position in the new concept future ship market that will determine changes of the shipbuilding and offshore industry.

The new ship is developed as eco-friendly future ships that can be constructed if being ordered right now. This is the ship prepared for environmental restrictions that will take effect within 20 years.

O Green energy technology applied....... reducing harm emission and maximizing fuel efficiency

Futuristic eco-friendly ¡°STX GD ECO-Ship¡± has got great energy efficiency and eco-friendliness through innovations such as improved device and the use of eco-friendly energy sources.

First of all, in terms of improved performance, the efficiency of propellers was elevated by reducing the number of propeller blades to three. As for ship propellers, the fewer the number of blades are the higher the propeller efficiency is. Regardless, they mainly have used propellers with four or five blades, for so far they have not solved side effects such as vibration and noise. STX broke down the technological barrier with the use of its unique WCT (Wide Chord Tip) concept.

In addition, STX enhanced energy efficiency by optimizing basic devices. For example, it installed additional wings for energy saving to improve fluid flow on the stern of the ship. Besides, it adopted more advanced eco-friendly technology such as WHRS (Waste Heat Recovery System) which converts thermal energy in the hot waste gas from engines into electric energy.

Compared to previous ships using bunker C oil, STX GD ECO-Ship has reduced CO2 emissions by 45% and increased fuel efficiency by 41% by consuming eco-friendly fuels. On the ships were installed green energy systems like wind power and solar energy generation systems to generate renewable energy.

Based on the utilization of green energy technology, STX GD ECO-Ship is evaluated as a ship perfectly prepared for environmental regulations including NOx, SOx & CO2.

In particular, as additional costs for the use of green energy technology will be retrieved within three years with a reduction in ship fuel costs, STX expects ECO-Ship to take the lead in future eco-friendly ship market.

The leader of STX GD project, Choi Young-dal said, ¡°Tightening environmental regulations make current ships difficult to sail. Therefore the demand for ECO-Ship will be on the rise.¡± ¡°By improving the technology of STX GD ECO-Ship we will make efforts to produce perfect ECO-Ships emitting zero gas to be a front runner in the future eco-friendly ship market,¡± he added.