Tag: fuel consumption

Stena Line can now report a significant reduction in their fuel consumption thanks to their strategic use of AI. Through its advanced Voyage Optimisation System, optimisation of vessel functions can now be done much more efficiently, while resulting in between 1-5% reduction in fuel consumption.

AVIKUS has reportedly demonstrated a reduction in fuel consumption of up to 15% during operations on a 325,000-ton Very Large Ore Carrier (VLOC), using an autonomous control system.

Christiania Shipping has launched behaviour change service Signol in a fuel efficiency project which uses StormGeo data to understand and increase crew members’ fuel-saving behaviour.

Signol has announced its partnership with Stolt Tankers to launch a pilot project to further reduce CO2 emissions from its fleet. 

Vessel selection has always been an extremely time-consuming and complex task for charterers. Access to real-time data and accurate fuel performance modelling to help them choose the most effective ship for their needs has historically been challenging at best, and highly limited at worst, argues Pelle Sommansson, Chief Product & AI Officer, ZeroNorth.

Members of the International Association of Antarctica Tour Operators (IAATO) will for the first time submit seasonal fuel consumption data to the Association’s secretariat as part of a pledge to create a climate change strategy for Antarctic tourism.

Maersk Tankers draws on vast amounts of data to optimise voyages and fuel consumption that helps shipowners reduce emissions.

Japanese shipping company MOL and South Korean shipbuilder DSME have successfully carried out a demonstration test of a Cryo-Powered Regas System for FSRU at DSME's Okpo shipyard.

During the 2020 SAFETY4SEA Limassol Forum, Giampiero Soncini, Marine Division – Chief Executive Officer, IB Marine, focused on fuel management on board ships, commenting that efficient fuel monitoring can be achieved through digitalization. Sharing the strengths of digitalizing onboard data, he concluded that fuel performance is different in theory and in practice, given that the majority of vessels are old, and that digitalization needs planning in order to be effective.

The US Energy Information Administration reported that the US natural gas consumption rose by 3% in 2019, achieving a record of 85.0 billion cubic feet per day (Bcf/d). The increase was due to new natural gas-fired electric capacity and lower natural gas prices.