Insatech Presents Price, Key Markets and Production Plans for the S3 Smart Sulphur Switch
The S3 Smart Sulphur Switch that can be used to control and document a vessels sulphur emissions. The S3 Smart Sulphur Switch is only 5% of the price of a scrubber and the key market is for vessels that occasionally need to enter an ECA. The secondary market is for vessels e.g. ferry operators in the Baltic who choose to install scrubbers that cannot handle more than e.g. 2% sulphur content due to space considerations.
The S3 system distinguishes itself through its ability to always blend and adjust two fuels to the desired sulphur content as well as documenting sulphur content. This enables monitoring and control of sulphur emissions. The primary market for the S3 Smart Sulphur Switch is for vessels that occasionally need to enter an ECA meaning that the investment in a scrubber solution is not viable. The secondary market is for vessels e.g. ferry operators in the Baltic who choose to install scrubbers that cannot handle more than e.g. 2% sulphur content due to space considerations. These operators can freely purchase the cheapest available HFO and blend it down to the sulphur content that their scrubber can handle.
Price and Running Costs
The price of the S3 Smart Sulphur Switch is 5% of a scrubber or approximately €140.000. Running costs are comparable to having a 100 Watt light bulb switched on. A scrubber has extremely high running costs in comparison as water needs to be pumped from the sea all the way up to the top of the stack, chemicals need to be purchased and stored safely on board, chemical waste is generated and needs to be stored on board, and logistics have to be in place in ports for safe removal of the chemical waste and shipped to a facility where the chemical waste can be safely disposed of. In conclusion, the running costs of the S3 Smart Sulphur Switch are totally negligible and are less than 0.1% of a scrubber.
Installation and maintenance
Maintenance of the S3 Smart Sulphur Switch is negligible apart from an annual calibration to ensure that the documentation generated will be accepted by authorities world wide. Installation is very simple as the unit is supplied as a small skid so only a gas oil line and a HFO line need to be connected at one end, and a discharge line at the other end. The skid has a foot print comparable to a standard pallet. Electrically all that is required is a standard power plug connector. In reality the installation can be accomplished in a few hours and with minimum costs.
Based on the present pricing (August, 2013) of 3.5% sulphur HFO (600 USD/ton) and 0.1% sulphur MGO (900 USD/ton) a vessel using 1 ton/hour will be able to save approximately 6000 USD/day by blending the two fuels to 1% sulphur content compared to using 100% MGO.
Product Trials and Production Plans
Insatech A/S has developed prototypes that will be installed in the coming months. A proper production will be up and running by the end of the year. The S3 Smart Sulphur Switch has been developed in cooperation with O.W. Bunkers – one of the largest bunker outfits in the world – so trials are being conducted in cooperation with some of their major customers in Northern Europe.
About Insatech A/S:
Since its formation in 1989 Insatech A/S has been located in the city of Vordingborg, Denmark. In 2005, the company became a part of Swedish Addtech AB, a technology trading group. During the financial crisis Insatech A/S has had a positive development up until today where 50 workers are employed. The annual turnover for 2013 is expected to exceed € 15 million and expected to rise by 25% per year in the years to come.
Insatech A/S delivers quality products, consultancy, and technical solutions within field instruments, control, and calibration to nearly all industries and processes. As a result of the company’s longstanding partnership with some of the world´s leading manufacturers within instrumentation and automation, it is able to provide a global service. The primary business areas are in the marine, oil and gas, food, energy, and pharmaceutical industries, which means that Insatech A/S possesses a thorough knowledge of industry-specific applications.
For further information about S3 and Insatech A/S please contact CEO Alan Christoffersen, phone: +45 5537-2095, email@example.com. Or visit our website www.insamarine.com and LinkedIn company page www.linkedin.com/company/insatech-a-s.