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Analytics Technology News

12 Dec 2020

Via Kaizen Project Aims to Deliver AI-powered Ship Ops Support System

Photo: Lean Marine/Via Kaizen Project

A group of Swedish technology entrepreneurs and academics joined forces to accelerate the research and development of an AI-based, semi-autonomous system for planning and executing more energy efficient sea voyages.Leading the effort is Lean Marine, aiming to deliver a ground-breaking R&D project to accelerate the tech development, realization, and adoption of AI-powered ship operation support technology by ship crew and management. The Via Kaizen project is funded by the Swedish Transport Administration…

09 Jul 2019

Wärtsilä to Optimize PLSVs of Sapura Brasil

Subsea services specialist Sapura Brazil has signed a five-year optimized maintenance agreement with Wärtsilä.As per the agreement the the Finnish tech major will support Sapura’s fleet of six pipe-laying support vessels' (PLSV) operational performance and increase both its efficiency and reliability by accurately predicting maintenance requirements. This will also help lower operating costs.The Wärtsilä solution includes asset diagnostics of the vessels’ main engines and thrusters to define the actual condition of the equipment. This enables a predictive maintenance strategy whereby servicing activities and overhauls are carried out according to the known condition of the equipment components…

18 Jun 2018

Marine Insurance’s Risk Rating Revolution

© zegendos / Adobe Stock

Why insurers cannot afford to be left behindAccording to Maersk, “everything that can be digitized will be digitized”, and there is no doubt that the world of shipping is currently undergoing a digital revolution. From vessel movement data to port statistics and engine diagnostics and data, the latest technology empowers insurers to segment and optimize their existing portfolio, identify new opportunities and offer truly connected policies.However, risk measurement and ratings remain an issue.

12 Aug 2013

Offshore Wind: IBM Introduce New Wind Prediction Software

Photo courtesy of EWEA

IBM announce an advanced power and weather modeling technology that will help utilities increase the reliability of renewable energy resources. The solution combines weather prediction and analytics to accurately forecast the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, helping to reduce carbon emissions while significantly improving clean energy output for consumers and businesses. The solution…

13 Dec 2011

Kongsberg, DNV & IBM Developing Environmental Monitor

Kongsberg to head up major Norwegian Consortium with DNV and IBM to develop integrated Environmental Monitoring System. In order to reduce the environmental risks from oil and gas operations, a consortium consisting of KONGSBERG, IBM, and DNV will now develop a real-time environmental monitoring solution together with their client Statoil. The 150 MNOK project is led by KONGSBERG and will use integrated technology to create a step change for the operators’ access and operational usage of environmental data.