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Wow. A 25% efficiency boost is huge, both for the shipping company and for the planet.

Wikipedia states that 3-4% of the global carbon footprint is shipping. https://en.wikipedia.org/wiki/Environmental_impact_of_shippi...

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CO2 is cut by 27% through a combination of systems. I think the MALS (air bubble) tech on it's own increases fuel efficiency by ~10%, based on the published papers, and you spend 2% of that gain on actually producing the bubbles.

Apparently break-even on the upgrade cost is reached within a couple months. They are also starting to put it in cruise liners [1].

[1] - http://www.seatrade-insider.com/news/news-headlines/micro-bu...

This is great however I cannot help wondering if there will be any unintended consequences of extensive uptake of this technology. For example could this increase levels of O2/CO2/N2 dissolved in the worlds oceans upsetting the balance in an ecosystem? Even with the 20th century's long track record of unintended consequences this conversation still seems to be a rarity and when it happens is minimised by stakeholders.
Air bubbles in the ocean being a problem? Not a chance.

Waves make trillions (10^12) of times as much bubbles. (Not exaggerating about the trillion BTW, I ran some quick Fermi estimations to come up with that number.)

  The micro-bubbles are generated by heating, then cooling,
  water to avoid releasing it as steam.
That sounds fairly benign. Can anyone explain the mechanism?
>will be any unintended consequences of extensive uptake of this technology. For example could this increase levels of O2/CO2/N2 dissolved in the worlds oceans...

No. There will be no measurable effect whatsoever. The waves on the ocean's surface do a fine job of aeration, and cover an area millions of times larger than the ships' surfaces.

Interesting. I know Navy vessels do this [1] but in their case, the motivation is to trap machinery noise and reduce the sonar profile of the vessel.

[1] http://en.wikipedia.org/wiki/Prairie-Masker

Articles say an 'unexpected benefit' is reduced prop noise. They did study the effect of bubbles on prop efficiency and apparently it is minimal, but noise is reduced significantly.