Kpis News

Maritime technology company Orca AI has calculated that its automated situational awareness platform achieved significant operational gains for clients in 2023, including a 172,716-tonnes reduction in CO2 emissions and fuel savings.The drop was attributed to fewer sharp manoeuvres and speed drops, as well as an overall reduction in the number of potential incidents and collisions avoided.The analysis was carried out on 15 million nautical miles-worth of data collected in open waters by 267 customer vessels – comprising tankers…

A new white paper published by maritime performance management company Opsealog sets out five practical steps that OSV operators can take to secure improvements in fuel efficiency through better data analytics.Existing data that companies are already collecting, for example in mandatory logbooks, can enable significant vessel and fleet efficiency gains, says Opsealog.With case studies drawn from Opsealog’s eight years of experience across the world’s offshore markets, the research highlights how having detailed digital monitoring in place helps owners…

J.J. Ugland awarded a contract to ScanReach to deliver its ConnectFuel solution to optimize fuel consumption and reporting for J.J. Ugland's fleet.Onboard Wireless Connectivity (OWC) is the platform for real-time data collection, analytics and reporting to onboard and onshore users. OWC is unique in the ability to quickly install the wireless mesh network, as it consists of wireless mesh network nodes that can be mounted onto bulkheads by crew or installers, an onboard server to host the data and applications, and a Cloud endpoint.

Shell Shipping & Maritime and Orca AI kicked off with a pilot project trialing Tel Aviv-based start-up Orca AI’s maritime navigation platform on a Shell-managed gas tanker. But it has now morphed into a long-term development collaboration resulting in new features that can significantly enhance safety at sea. Here Saurabh Kumar, Project Engineer at Shell Shipping & Maritime, and Dor Raviv, CTO at Orca AI, reflect on outcomes and benefits of the partnership so far.Navigational error resulting in collision or grounding is one of the highest safety risks associated with maritime transport.

Vard Electro’s SeaQ Integrated Bridge solution is being implemented in the offshore wind sector for the first time, following installation on Rem Offshore’s newbuild construction service operation vessel (CSOV) Rem Power to assist in optimizing environmental performance.“We are making strong investments in new low-emission technologies to cut the environmental impact of offshore wind operations in line with increasingly stringent regulations and requirements from clients, banks and other stakeholders…

Maritime communications specialist Marlink signed an agreement with research institute Fraunhofer CML (Center for Maritime Logistics and Services) to identify Key Performance Indicator (KPI) data to accelerate digitalization and define the Return on Investment (ROI) scenarios for long term operational efficiency.Within this agreement, Marlink will leverage its BridgeLink solution to deliver data from core engine room and bridge systems including VDR, ECDIS, Radar, AIS, AMS, engine control systems, cargo systems, propulsion, and sensors.

Marlink said it has reached the 1,000 ship milestone for ITLink Monitor, its solution for simplified IT system monitoring and compliance.Marlink said its ITLink has been attracting interest from shipowners and managers in response to IMO2021 regulations, requiring ships to demonstrate procedures for maintaining cyber hygiene as well as much stricter voluntary schemes which require demonstration of KPIs for system patches and updates.Of the 1,000 ships using ITLink Monitor, 400 have already supplemented it with ITLink’s advanced managed services that provide enhanced cyber security functions…

ABS said it has signed an agreement with Diana Shipping Services S.A. (DSS) to implement the ABS Environmental Monitor digital sustainability solution across 31 vessels under its management.Part of the ABS My Digital Fleet risk management platform, ABS Environmental Monitor is a cloud-based application leveraging vessel waste stream and emissions data to provide transparent reporting to support more sustainable vessel operations.“ABS Environmental Monitor is a powerful tool designed to support forward thinking shipowners and operators…

NAVTOR launched NavFleet, touted by the company as a "breakthrough application" developed over the past two years in collaboration with shipowners designed to open up a new horizon of possibilities: enabling real-time operational insight, performance optimization and enhanced business decision making for fleet management.NAVTOR has made its name through the development of a suite of e-Navigation products, delivered, updated and connected through a cyber secure ecosystem that unites shoreside and vessel teams.

Tero Marine has launched its TM Insights solution, an interactive visualization tool that converts real-time data into intuitive reports and charts which, when measured against pre-determined KPIs, identify trends and uncover hidden problem areas so remedial action can be taken to improve operational efficiency.Fully integrated to work with Tero Marine’s TM Master suite, TM Insights works with Microsoft’s Power BI software to give companies a complete and transparent overview of business performance from any desktop or mobile device and in any location.

Fueltrax, a provider of marine fuel management systems, has said that a major Nigerian vessel owner and operator for fast crew boats and security vessels has upgraded two of its onboard electronic fuel monitoring systems to Fueltrax.Fueltrax said the client opted for its solution due to standards not being met with a previous electronic fuel monitoring system (EFMS)."The new vessels coming online with Fueltrax include two fast crew boats operating in the Gulf of Guinea, Nigeria…

There are many Venture Capital funds helping to drive innovation across industry. theDOCK, co-founded by Hannan Carmeli and Nir Gartzman, is unique in that it is working to connect the ports, shipping and logistics industries with primarily Israeli-based start-ups. We recently interviewed Carmeli for insights on the path and pace of the companies under theDOCK’s guise.Hannan Carmeli, Co-Founder and Managing Partner of theDOCK, freely admits that he always wanted to be a ‘Chief Dreamer,’ a dream fulfilled with the creation of theDOCK in early 2017.

Norwegian shipping company Klaveness Combination Carriers (KCC) said it has secured a $60 million sustainability-linked term loan and revolving credit facility for the financing of the seventh and eighth CLEANBU vessels with delivery in 2021, reportedly a first within the maritime industry. Nordea is acting as coordinator and bookrunner and Credit Agricole CIB as sustainability agent.The credit margin will be adjusted, up or down, based on KCC’s sustainability performance, as…

Entry-level version of ITLINK management and monitoring software suite simplifies regulatory compliance for vessel and shore teamsMarlink has announced the release of a new stand-alone entry version of its ITLINK software, designed to improve transparency in monitoring and reporting of the status of IT networks onboard ships. The new monitoring tool enables shoreside teams or administrators to view the IT system status and availability, providing visibility on compliance with regulatory and charterer requirements.Starting in 2021…

Iranian Offshore Oil Company (IOOC), a subsidiary of the National Iranian Oil Company, has successfully launched its first offshore pipeline integrity management system (PIMS) in the Iranian oil industry.According to IOOC, the system was launched in order to comply with international and national requirements for the standard, safe and continuous operation of the Salman Oilfield’s gas pipelines with a Norwegian company and the Pipeline Technology Company.The project is dubbed as the first of such projects in the Iranian offshore oil industry, said a report in Iran News.A Pipelines Management System (PMS) provides a clear process, with tasks and responsibilities…

In just six months since the inauguration of the new Moín Container Terminal (MCT) in Costa Rica, highly-trained employees are meeting all productivity KPIs outlined in the concession contract.By reducing berthing times to an average of just 10 hours per vessel, the Terminal has been able to create an additional berthing window for a new direct service to Shanghai, China.The first ship on this new commercial route arrived from Houston on Sunday, 22 September, leaving on Monday laden with Costa Rican pineapples, bananas, meat and orange juice. The service will operate every three weeks on Sundays, however local producers and exporters are already keen to see the service increase to weekly.The new direct service…

In the era where information is central to helping vessel operators save money, FuelNet is designed to be is the most powerful fuel data processing network in the industry. Operating hand-in-hand with FuelTrax, using extensive real-time data stored in its fully secure web portal, FuelNet enables vessel owners to customize their reporting data and make fleet-wide efficiency savings.Since its launch 13 years ago, FuelNet has evolved to become a mission-critical operating tool for…

Shared monitoring systems that provide comprehensive insight into CTV capabilities and limitations will support safety, planning & cost reduction for offshore wind owners. Offshore wind project owners are missing out on significant cost savings, optimised “time on turbine”, and opportunities to increase the sustainability of their operations by not using crew transfer vessel (CTV) performance monitoring systems that have been created in tandem with vessel operators.That is, at least…

The secretary-general and chief executive of BIMCO, Angus Frew  is stepping down for personal reasons. BIMCO expects have found a replacement by the end of this year.Angus Frew has announced he will step down in the summer of 2020, as he wishes to spend more time in the UK and less time working.“In six successful years, Angus has moved BIMCO to the forefront of the shipping industry and made sure our members’ opinions and positions are listened to at the highest levels of government. He will leave an organisation very well prepared to deal with the challenges the industry will face in the coming years,” says Sadan Kaptanoglu, President of BIMCO.Under Angus Frew’s leadership, BIMCO has strengthened its brand and member focus significantly.

ABB secured its first contract for ABB Ability Tekomar XPERT for fleet of 55 vessels with Hamburg based ship manager CPO Containerschiffreederei (CCPO).CCPO offers high quality service to its charter clients and professional ship management for 111 of own and third-party ships. They were an early adopter of the smart engine performance diagnostics software, Tekomar XPERT, during its initial release in 2015. The latest Tekomar XPERT for fleet web application launched in June this…

Japan's largest oil and gas exploration and production company INPEX Corporation has installed ClassNK-NAPA GREEN for monitoring operations on three of its liquefied natural gas (LNG) carriers.NAPA said that Inpex awarded a deal to the company for the provision of a solution for monitoring and follow-up of ship operations on two LNG carriers built to service the Ichthys project and one LNG carrier for Shell’s Prelude FLNG project.With the core motivation of accurately verifying the technical performance of these highly complex carriers, INPEX chose ClassNK-NAPA GREEN for the combination of NAPA’s LNG carrier design understanding and market leading performance monitoring software.The Oceanic Breeze…

The provider of fleet management, ship security, and fisheries monitoring systems to the maritime industry Pole Star Space Applications has received IMO-DCS approval from Verifavia and Bureau Veritas for our Environmental Vessel Efficiency solution (EVE).The UK-headquartered company said in a press release that EVE offers its clients a solution that helps them comply with environmental regulations such as MRV and IMO DCS, and - just as importantly - the data-driven analysis needed to reduce fuel consumption and improve profit margins.Environmental responsibility is a priority for the IMO, and the shipping industry is actively engaged in trying to reduce its carbon footprint.EVE provides crucial vessel and fuel performance data…

The maritime industry has always followed a path of gradual improvement, albeit with many opting to travel the route of least resistance. In some ways, this is a good thing. A cautious approach to navigating change brings stability, assurance and predictability. This measured attitude toward managing change has been fundamental to ensuring that the commercial shipping industry remains the most financially viable transportation solution for moving most goods around the world. But…