Quantifying the Impact and Return on Investment of Premium Hull Coatings – The Hempaguard Story

SNAME Greek Section is pleased to invite you to its seventh webinar for the 2021-2022 season where Philippos Sfiris, Head of Go-to-Market Strategy, Marine, Hempel A/S, will make a presentation on the topic of “Quantifying the Impact and Return on Investment of Premium Hull Coatings – The Hempaguard Story”.

Low friction hull coatings are considered one of the most effective measures for carbon intensity reduction. In the presentation, we will go through a vessel-specific business case of a silicone-based hull coating system (Hempaguard) including:

1. Total Cost of Ownership (TCO) from owner and operator perspective including paint cost, repair yard cost for surface preparation and application of paint, cleanings cost, and fuel cost for in-service period

2. ROI from investing in hull coating upgrade

3. Impact on CII rating and speed increase for the purpose of EEXI

4. Impact on vessel’s earnings ability boost (TCE)

Philippos Sfiris is the Head of the Go-to-Market Strategy for Global Marine business at Hempel A/S. In his current role, Philippos has conceptualized and driven to the maritime ecosystem the value proposition of low friction hull coatings to address the decarbonization challenge of ship owners and operators. This is based on a customized business case engine used to quantify the vessel-specific impact of hull coating upgrade on CII and EEXI combined with Total Cost of Ownership for the in-service period. This is being used as an advisory service to Hempel’s customers providing full transparency into the expected efficiency improvement and CAPEX, OPEX and payback associated with different coating upgrade scenarios.