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Fleet Optimization Services News

23 Sep 2021

Lloyd’s Register Acquires GreenSteam

Nick Brown, LR CEO (Photo: Lloyd's Register)

Classification society Lloyd's Register (LR) announced Thursday it has acquired GreenSteam, a marine data intelligence company specializing in improving vessel efficiency through machine learning. The acquisition will be integrated and managed by i4 Insight, a subsidiary of Lloyd’s Register. i4 Insight, part of LR's Maritime Performance Services business, is a digital platform that allows shipowners, operators and charterers to access insights on vessel performance and fuel consumption across their fleets.

28 Oct 2019

Diversity, Tech on Tap at WISTA Conference

Despina Theodosiou (Photo: WISTA International)

A top hostage negotiator, the CEO of a company which supplies environmental products to ship owners and operators and the heads of two maritime technology firms are all part of an impressive line-up of speakers scheduled to speak at the 2019 Women’s International Shipping & Trading Association (WISTA) AGM & Conference which takes place next week from Tuesday, October 29, to Friday, November 1. The four-day event is being hosted by WISTA Cayman Islands and is expected to bring over 200 maritime experts from 30-plus countries.

02 Oct 2017

Taking the Guesswork out of Navigating Tropical Cyclones

StormGeo's shipping division (formerly AWT), a provider of fleet optimization services, fleet performance and onboard voyage management software, has introduced a new multi-model technology enabling ship captains to make better routing decisions around tropical cyclones. StormGeo's Tropical Cyclone track uses multi-model ensembles and advanced analysis to narrow the "cone of uncertainty," the area extending out from a storm on a forecasting map that projects a cyclone's path. In order to improve decision-making for crew and cargo safety, the new Tropical Cyclone Multi-Model (TCMM) track technology is included in the latest versions of the onboard BVS and Routing Advisory Service.

06 May 2014

AWT Launches Voyage Calculator

Image courtesy AWT

Applied Weather Technology, Inc. (AWT), a provider of fleet optimization services and onboard voyage management software, announced the debut of its Voyage Calculator program. Voyage Calculator calculates the distance, speed loss and corresponding cost of a voyage from one port to another, taking into account weather, ocean currents, hire rate and other factors. “Ship brokers and charterers need voyage time and distance estimates to project costs, but simply using great circle distances can give unrealistic or misleading predictions…

12 Nov 2013

AWT Upgrade Fleet Decision Support System

Photo: Applied Weather Technology, Inc.

Applied Weather Technology, Inc. (AWT), a provider of fleet optimization services and onboard voyage management software, today announced the latest version of its fully customizable fleet management system with the release of Fleet Decision Support System (FleetDSS) Version 2.0. In addition to being suitable for use within a company's IT network, FleetDSS has new tools, including an ETA confidence tool and a comparative vessel type performance graph, making it easy for operators to closely monitor the efficiency of their fleets.