Monroe, NC (3/30/2015). Hapag Lloyd will equip ships of the 13,200-TEU Hamburg Express class and other vessels with the CM-1000® pump control system. The CM-1000 system controls the flow rates of seawater cooling pumps based on the temperature of the fresh water and the current need for coolant. As a result, the amount of seawater pumped into the seawater cooler matches requirements, saving electrical power on board the ship. Colfax Fluid Handling is a business segment of Colfax Corporation (NYSE: CFX); Allweiler is one of the companies in this business segment.
Ships of the Hamburg Express class provide regular freight service between the Far East and Europe. As they pass through the various climate zones, the temperature of the seawater (used for cooling) fluctuates by 20 °C and more. Slow steaming also reduces the need for cooling. But now the CM-1000 system can control seawater pumps in the cooling system by varying their speed so the volume of pumped seawater precisely matches current requirements. According to Lars Voss, Senior Superintendent at Hapag-Lloyd AG and manager of the project: “For each ship equipped with the system, we expect to save approximately 850 MWh of power every year and up to16 metric tons of heavy oil every month. This corresponds to our Ship Energy Management Plan, which we use to assist with environmentally conscious operation of our vessels.”
Operational costs of the seawater pumps could be reduced by as much as 85%, with reduced consumption of electrical power accounting for the largest portion. In addition to operating the pumps with variable speed, Active Valve Control of the CM-1000 system regulates valves in the seawater line and automatically adapts the characteristic curve so that the pumps run consistently at the desired operating point, thereby helping to avoid cavitation. Based on their positive experiences, Hapag Lloyd has interest in equipping fifteen additional units with the CM-1000 system. This includes the 8,749-TEU container ships of the Colombo, Prague, and Vienna fleets.
The CM-1000 system was developed by Allweiler GmbH, a Colfax Fluid Handling company. The system is demonstrated at Nor-Shipping (booth C03-14).
Colfax Corporation – Colfax Corporation is a diversified global manufacturing and engineering company that provides gas- and fluid-handling and fabrication technology products and services to commercial and governmental customers around the world under the Howden, Colfax Fluid Handling and ESAB brands. Colfax believes that its brands are among the most highly recognized in each of the markets that it serves. Colfax is traded on the NYSE under the ticker “CFX.” Additional information about Colfax is available at www.colfaxcorp.com.
Colfax Fluid Handling – Colfax Fluid Handling, a business of Colfax Corporation (NYSE: CFX), is a global leader in critical fluid-handling and transfer solutions for the commercial marine, defense, oil & gas, power and industry and total lubrication management markets. With a broad portfolio of technologies, products, systems and services and a deep base of application and engineering expertise, Colfax specialists work with customers to understand and focus on their toughest business challenges. As a result, Colfax can find and deliver the best customer solutions that provide the highest levels of reliability, efficiency and longevity with the lowest total cost of ownership. Colfax Fluid Handling encompasses the trusted product brands Allweiler®, COT-PURITECHSM, Houttuin™, Imo®, LSCSM, Rosscor®, Tushaco®, and Warren®.
NOTICE ON FORWARD-LOOKING STATEMENTS – This press release may contain forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Colfax”s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on Colfax”s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Colfax”s results to differ materially from current expectations include, but are not limited to factors detailed in Colfax”s reports filed with the U.S. Securities and Exchange Commission as well as its Annual Report on Form 10-K under the caption “Risk Factors”. In addition, these statements are based on a number of assumptions that are subject to change. This press release speaks only as of this date. Colfax disclaims any duty to update the information herein. The term “Colfax” in reference to the activities described in this press release may mean one or more of Colfax”s global operating subsidiaries and/or their internal business divisions and does not necessarily indicate activities engaged in by Colfax Corporation.
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