Kyma Ship Performance system has been verified as compatible with Jotun's Hull Performance Measurement Method for determining outcomes of performance-based contracts. Kyma has monitored ship performance for over 30 years and their system is installed on over 650 vessels. Jotun's Hull Performance Solutions combines an antifouling coating, performance measurement method, and no-cure-no-pay model to help ship owners realize fuel cost and emissions savings from improved hull performance. Kyma's managing director said their system can help ship owners quickly realize potential savings when used with Jotun's solutions. Jotun commended Kyma for enabling transparent performance measurements, which is important for performance-based contracting.

1. Press release
Sandefjord and Bergen, Norway.
01 December 2012.
Kyma Ship Performance Verified Compatible with
Jotun Hull Performance Measurement Method
Can be relied upon to determine the outcome of performance based contracts offered as a
part of Jotun’s Hull Performance Solutions.
Improving hull and propeller performance is an effective and quick-win solution for ship
owners seeking to boost the energy efficiency of their fleet. The reliable and accurate
measurement of performance allows owners to make both fuel-cost and greenhouse-gas
(GHG) emissions savings, based on informed investment decisions.
Kyma has been a pioneer within the area of long-trend ship performance analysis and the
Kyma Ship Performance (KSP) system has been used by ship owners to monitor ship
performance since 1980. There are more than 650 vessels with the system in operation today.
Jotun’s Hull Performance Solutions combines a next generation antifouling (SeaQuantum
X200), and a reliable and transparent method for measuring the impact of the antifouling on
ship performance (Jotun Hull Performance Measurement Method) with a no-cure-no-pay
business model.
According to Kyma’s Managing Director, Erik Hagestuen, “Having worked with ship owners
to monitor ship performance for more than 30 years, we have seen first-hand that there is a
considerable fuel-cost and GHG-emissions saving potential related to improvements in hull
and propeller performance. The no-cure-no-pay business model offered as a part of Jotun’s
Hull Performance Solutions, in combination with the reliable measurability offered by our
Kyma Ship Performance system, should make it possible for ship owners to quickly realize
much of this potential”.
Jotun commends Kyma on enabling fully transparent measurements of hull and propeller
performance. Geir Axel Oftedahl, Director of Business Development at Jotun HPS, says:
“Performance-based contracting is a corner stone in our Hull Performance Solution. A
prerequisite for performance based contracting is that the measurement methodology and data
used to determine the outcome of the contract are available to both parties”.
Kyma A/S
Kyma is a specialist in the field of manufacture and development of products for marine performance
monitoring. Kyma has supplied the maritime industry with accurate and reliable ship performance systems since
1980, with installations on more than 4000 vessels worldwide. Located in Bergen, Norway and through its agent
network Kyma is represented in all major shipping areas of the world.

2. Jotun A/S
Jotun is one of the world's leading manufacturers of paints, coatings and powder coatings. The group has 74
companies and 39 production facilities in 43 countries on all continents. In addition, Jotun has agents, branch
offices and distributors in more than 80 countries. Jotun's total sales in 2011 were NOK 14,742 million, and has
today 8,600 employees. The Jotun Group has four divisions, and its head office in Sandefjord, Norway.
For more information, please contact:
Jotun A/S:
Siri Moldestad Sanna
Marketing Programme Manager
Jotun A/S
Mobile: +47 90132780
Office: +47 334 57000
E-mail: siri.sanna@jotun.no
Kyma A/S:
Wilkin Wilkensen
Sales Manager
Kyma a.s
Mobile: +47 90171739
Office: +47 55530014
E-mail: ww@kyma.no
WEB : www.kyma.no
ENDS