Tag: operational efficiency

Following a collaboration project between Solstad Offshore, Corvus Energy, VPS, Vard and Raa Labs, the use of batteries can now be optimized according to actual operations, reducing emissions, and improving the return on investment.  

ZeroNorth has unveiled its new fuel model, which uses a combination of AI and naval architecture knowledge to predict the expected operational fuel consumption of any type of vessel in the global fleet. 

According to ETF, the favourable treatment of the shipping lines, as the one being guaranteed via the Consortia Block Exemption Regulation (CBER), should be abolished.

The Asian Shipowners' Association (ASA) emphasized its long-standing policy that competition law exemptions for consortia like the CBER are indispensable for the healthy development of the liner shipping industry and the maintenance of reliable liner services to the entire global trading community.

Vessel sharing is a purely operational measure that enables carriers to use ships more efficiently whilst continuing to compete on price and other commercial terms. Vessel sharing expands the range of destinations and services available to customers and reduces empty space onboard ships, lowering emissions.

The Norwegian pool operator Hansa Tankers announced its partnership with StormGeo, part of Alfa Laval, to roll out a fleet performance management software to all vessels in its pool and improve performance. 

Wallenius Wilhelmsen is the first global shipping company to adopt a fully AI-based approach to voyage optimization. Having implemented live streaming of vital data onboard 65 vessels, this new approach will help reduce fuel consumption by up to 10 per cent. 

Maersk provided an overview of the latest developments regarding the EU Emissions Trading Scheme (ETS), expecting significant increase at the costs for shippers from January 2023.

Pacific International Lines (PIL) announced the launch of two new initiatives which would further enhance its operational efficiencies and strengthen the capabilities of its sea crew in navigation safety.

On June 7, during Posidonia, Lloyd’s Register (LR) and Samsung Heavy Industries (SHI) signed a Memorandum of Understanding (MOU) to develop an autonomous ready ship design to support maritime digitalisation and the growing demand for operational benefits of increased autonomy.