As carbon dioxide emissions arising from fossil energy consumption and fossil fuels are gradually increased, it is important for the low-carbon operation of ships to recover diesel engine waste heat. A newly developed dual-loop organic Rankine cycle (ORC) system to recover waste heat from a marine main engine (M/E) was designed in this paper. The exhaust gas (EG) heat was recovered by the high-temperature (HT) loop. The jacket cooling water (JCW) heat and the condensation heat of the HT loop were recovered by the low-temperature (LT) loop. Toluene, cyclohexane, benzene, R1233zd (E), R245fa, and R227ea were selected as the working fluids. The influence of the condenser thermal parameters on the LT loop was analyzed using the pinch point method. The performance of the dual-loop ORC was investigated under various working fluid combinations. The maximum net power of the HT loop can reach 253.4 kW when using cyclohexane as the working fluid, and the maximum thermal efficiency of the HT loop can reach 18.5% with benzene as the working fluid. Meanwhile, higher condensation temperatures and levels of condensation heat of the HT loop have a positive effect on the performance of the LT loop. However, in most conditions, the HT loop condensation heat could not provide enough heat for the LT loop’s working fluid to start the boiling process. The total net power of the dual-loop ORC system was 410.6 kW with Cyclohexane in the HT loop and R1233zd (E) in the LT loop, resulting in a 10.9% improvement in the marine main engine thermal efficiency.

In this study, a main marine engine with a rating power of 21,840 kW for a ship sailing in an actual voyage was obtained as the research object. The engine’s exhaust gas and jacket cooling water were adopted as the heat source of the organic Rankine cycle (ORC) system developed for the main marine engine. The engine can consume high-sulfur or low-sulfur fuel oil, respectively, according to the different emission control requirements. The impact of the use of high-sulfur or low-sulfur fuel oil, and variations in engine load, amount of recoverable waste heat, outboard seawater temperature, and the ship’s steam demand were comprehensively considered, and the validated ORC system model was used for the analysis of the system’s performance and the ship’s energy saving for the whole voyage. The results demonstrated that when the ship adopted high-sulfur or low-sulfur fuel oil, the maximum total net power output of the ORC system was 449.3 kW and 753.1 kW, respectively. During the whole voyage of 1610.7 nautical miles, when high-sulfur fuel oil was used, the ORC system reduced carbon emission by 40.3 tons and 33.8 tons, respectively, in summer and in winter, and the fuel saving rates were 2.53% and 2.12%; when low-sulfur fuel oil was used, the ship’s carbon emissions were reduced by 62.1 tons and 61.8 tons, respectively, in summer and in winter, and the fuel saving rates were 3.91% and 3.89%.