Mapping the Maritime Software Landscape in 2020
Another year has passed since our last mapping of the maritime software landscape, and it is once again time to review the latest developments and trends in this space.Overall, 2019 was another turbulent year for most shipping markets, overshadowed by preparations for the IMO 2020 sulfur regulations, rising geopolitical tensions, the trade war between the USA and China, as well as natural disasters disrupting global supply chains. This article provides insight into the changes seen in the maritime software landscape under these turbulent conditions: On a high-level…
GreenSteam Acquires BMT Smart
Denmark-based GreenSteam, a majority owned company of BP, has acquired BMT’s data collection and performance optimisation subsidiary UK-based firm SMART. The marine efficiency software solutions provider is reputable in leveraging Machine Learning methodologies and next generation fuel saving platforms to stimulate the sustainable development of Shipping and World Sea Trade.The sale of SMART, a data collection and performance optimization software solution, to GreenSteam, follows a strategic business review by BMT to focus on its core Infrastructure, Defense and Security, Commercial Shipping and Environmental divisions and, as well,…
BMT Bags Contracts from Samsung Heavy Industries
BMT Group’s fleet and vessel performance management company BMT SMART said it has secured a contract with shipbuilder Samsung Heavy Industries (SHI) to supply vessel performance monitoring systems for four very large crude carriers (VLCC) being built for a Greek ship owner. This latest contract comes on the back of current orders already received from SHI for seven vessels (Suezmax and Aframax tankers) for Norwegian and Singapore owners, BMT said. BMT will provide SHI with its modular vessel performance monitoring solution…
BMT Launches New Fleet Performance Management Solution
BMT SMART (BMT), a subsidiary of BMT Group, has launched SMARTNOON, a new solution that can deliver higher resolution vessel performance data based on noon reports. Taking a vessel’s noon report as a starting point, SMARTNOON adds metocean data, AIS information and BMT SMART’s unique analytics to provide ship owners and operators with valuable insights, without the need for on-board installations and additional sensors, or disruptive changes to established operating behaviours. Peter Mantel, Managing Director at BMT SMART: “We recognise that there are various motivations for vessel performance management. The SMARTNOON application uses AIS data to provide a framework for noon report information that enables it to be modelled over the noon to noon period.
Fleet Performance Management is No Quick Win
Fleet Performance Management (FPM) can drive efficiency improvements of up to 38 percent, but many ship owners and operators are finding that FPM is costing, rather than saving them money. The expectation that once you plug and play an FPM system the savings will be immediate, has set a precedent that in real terms, is simply unachievable. Peter Mantel, Managing Director of BMT SMART, a subsidiary of BMT Group, argues that FPM is a marathon, not a sprint and long-term collaboration is required to ensure a return on their investment.
Oldendorff Driving Digital Transformation
Oldendorff Carriers and BMT SMART, a subsidiary of BMT Group, announce a new agreement which has led to the roll out of fleet performance management technology onboard Oldendorff vessels. Based on BMT’s on board data collection system and bespoke shore based management solution SMARTFLEET, this collaboration is centered upon driving down the carbon footprint of each vessel and improving the overall efficiency of the fleet. Christopher Fee, Projects Manager at Oldendorff Carriers, commented, “Oldendorff recognized the potential benefits of implementing fleet and vessel performance monitoring.
Minerva Marine Turns to BMT for Monitoring
BMT SMART (BMT), the specialist fleet and vessel performance management company of BMT Group, has announced the successful installation of its vessel performance monitoring system on board two of Minerva Marine’s chemical tankers, MINERVA LEO and MINERVA TYCHI. For the most accurate Performance Management, the BMT SMART system combines data collected automatically on-board, from the navigation and automation systems, with data only available on shore, such as accurate Hindcast Metocean data.
BMT’s Fleet Management System to Debut at Nor-Shipping
BMT SMART Ltd., the specialist fleet and vessel performance management company of BMT Group, will launch its new SMARTFLEET Management system at Nor-Shipping in Oslo next month. Technical experts will be on hand to showcase the system and its capabilities whilst discussing with delegates their specific challenges and needs. Peter Mantel, Managing Director of BMT SMART commented, “Whilst there are cost savings to be made through on-board optimization, these are often extremely hard to quantify in a verifiable way and these types of tools can be seen as a burden to the crew.
BMT Reports Strong Performance for 2014
BMT Group Ltd. announced a strong performance for the year to September 30, 2014, a period which saw BMT secure revenues of £165.1 million with underlying operating profits of £10 million, a proportion of which has been distributed to the staff through the company’s profit share schemes. Comprising 24 operating companies, involved in activity across 10 markets in 35 countries, the BMT group said it continues to concentrate on its core maritime-focused offering across the defense, energy, environment and transport sectors.
AMI Maritime, BMT SMART Sign Partnership Agreement
BMT SMART (BMT), the specialist fleet and vessel performance management company of BMT Group, announced that Singapore-based AMI Maritime Pte Ltd has become an accredited service partner. The agreement will provide both organizations with the opportunity to enhance their proposition in helping to optimize shipping operations worldwide. As part of a two day workshop, a number of engineers from AMI Maritime received both hardware and software training accreditation on the BMT SMART…
BMT Partners with Aage Hempel
BMT SMART (BMT), has announced that Aage Hempel has become an accredited service partner. This agreement will provide both organizations with the opportunity to enhance their proposition in helping to optimize shipping operations worldwide. As part of a two day workshop at Aage Hempel’s head office in Algeciras, Spain, BMT will deliver both hardware and software training on its SMART range of fleet and vessel performance management software and services to a number of engineers.
BMT SMART at Ship Efficiency 2014
Pioneer of fleet and vessel performance management systems, BMT SMART Ltd (BMT), a subsidiary of BMT Group Ltd will showcase its performance monitoring portfolio at Ship Efficiency, Queen Elizabeth II Conference Centre, London. The SMART suite of solutions works by continuously collecting vessel performance data and presenting key information to the crew via the ship’s computer displays. Key Performance Indicators (KPIs) are presented in a format that has been designed to be easy to understand by the owner…
Business is Brisk at Posidonia in Athens
In early June, the shipping community met in Athens, Greece for Posidonia 2014. While the focus in Athens tends to be skewed more toward the night life and after hour parties, Maritime Reporter was able to dig out some relevant product and service news from the exhibition center. Wilhelmsen Ship Service (www.wilhelmsen.com/shipsservice) introduced its fuel oil treatment range and integrated welding safety products and services at Posidonia. Engineered to maintain vessel performance and engine efficiency even when slow-steaming or burning low sulfur fuel…
BMT to Showcase Monitoring Portfolio at SMM
BMT SMART Ltd (BMT), a fleet performance management system and BMT Group Ltd subsidiary, will showcase its performance monitoring portfolio this coming September at SMM in Hamburg, Germany. The SMART suite of solutions works by continually collecting vessel performance data and presenting key information to the crew via the ship’s computer displays. Key Performance Indicators (KPIs) are displayed in a format designed to be easily understood by mariners, aimed to enable optimum vessel performance decisions.
BMT SMART at Posidonia 2014
BMT SMART Ltd., a subsidiary of BMT Group Ltd., a international maritime design, engineering and risk management consultancy, will showcase its performance monitoring portfolio at Posidonia 2014 next week in Athens, Greece. The SMART suite of services works by collecting vessel performance data and presenting key information to the crew via the ship’s computer displays. Real-time performance data is automatically relayed ashore where it is stored on secure servers, and merged with weather readings; while a web platform enables easy management and analysis.
BMT Launches Charter Party Reporting Capability
BMT SMART Ltd., a subsidiary of BMT Group Ltd., is announced the introduction of the Charter Party reporting module within its performance monitoring portfolio. The new functionality will allow reports to be compiled at the end of a ship’s voyage, capturing significant details of the journey such as metocean data associated with the voyage, fuel usage, voyage information and total emissions used. These reports are then compared with the agreed Charter Party conditions. This streamlined compliance assessment tool allows the investigation of nonconformance, using the recorded vessel data.
BMT SMART Appoints McKelvie Product Manager
BMT SMART Ltd. (BMT), a subsidiary of BMT Group Ltd., an international maritime design, engineering and risk management consultancy, announced the appointment of Laura McKelvie as Product Manager. A University of Southampton graduate in Naval Architecture, Laura has been working with BMT for five years specializing in vessel performance monitoring and analysis. She has been involved in all aspects of the BMT Smartservices product offering including performance analysis and consultancy and product installations on a variety of vessels.
Mantel to Head New BMT Operating Company
BMT Group Ltd (BMT), an international maritime design, engineering and risk management consultancy, has announced a new commercial operating company which will focus on the provision of high value, innovative vessel performance management and decision support solutions for the maritime industry. BMT SMART Ltd. will draw on years of experience and knowledge from around the BMT group of companies to help accelerate the delivery of BMT’s SmartServices business line, and build a strong presence in the digital shipping markets.