Japanese shipping company K Line has collaborated with Silicon Valley-based AI company, Bearing, on the development and testing of an AI-driven performance analysis to improve fleet efficiency and cut emissions.
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Specifically, the Performance Analysis Dashboard has enabled the compan y to achieve a higher level of data accuracy for more economical operation and greenhouse gas reduction, said General Manager of “K” LINE’s Advanced Technology Group, Shingo Kameyama. As such, the company plans to adopt the Performance Analysis Dashboard on over 300 of its vessels.
This comes as the industry is now facing additional challenges on several fronts, from new environmental regulations to rapid shifts in global trade, and shippers are looking for new ways to streamline their operations.
Traditionally, measuring vessel performance against an objective baseline has been challenging to do, as vessel performance can vary significantly even on a single voyage due to factors like weather. As explained, the dashboard proactively highlights actions that operators can take to improve fleet efficiency and allows them to calculate the ROI for different actions, such as hull cleaning.