Opsealog: Path to data-driven efficiency in the OSV sector
Damien Bertin highlights findings of the firm’s latest white paper and offers recommendations that can help OSV operators secure immediate gains in fuel efficiency.
Damien Bertin, Business Director at maritime performance management expert Opsealog, highlights findings of the company’s latest white paper, offering recommendations that can help OSV operators secure immediate gains in fuel efficiency and reduce the carbon impact of their offshore activities:
Most OSV operators know what it takes to operate a fleet well. What they don’t always have is the precise, granular data they need to assess whether or not their vessels are performing at their best.
Fuel monitoring and analytics enables companies to track their fuel usage, have a better understanding of their energy efficiency and monitor the technical performance of the engines. For fleet managers, having detailed monitoring in place helps them gain insights on how to adjust operations to improve efficiency, reduce their carbon footprint and control operational costs. It also quantifies the reduction in fuel consumption gained from efficiency improvements or hull cleaning, for instance.
In short, it gives fleet managers the data to follow up on an objective, with an evidence-driven basis for making the best decisions about their fleet’s current operations and future trajectories.
The rise of the digital era comes as pressure to decarbonise is growing rapidly: globally through the IMO’s Carbon Intensity Indicator (CII) and its Data Collection System (DCS), and regionally through measures such as the EU’s Emissions Trading System (ETS) and EU MRV (monitoring, reporting, and verification) regulation. Although OSV operators are not yet required to comply with these regulations, it is likely they will need to do so in the future, as regulatory targets and reporting requirements ramp up in the OSV sector.
Whilst maritime decarbonisation targets are ambitious and will require action in the short term, the encouraging news is that there are five clear steps that we can take today that will deliver immediate and significant fuel savings in OSV operations. What is more, these short-term measures will lay the foundations for a long-term programme of change, all driven by a data-led approach to fuel efficiency.
Step 1: Mapping the existing data environment
The Alan Turing Institute defines data 'wrangling' as the process of understanding, integrating, and preparing data for computer modelling. In the context of ship operations, data mapping involves assessing various data sources, both digital and paper-based, and addressing issues like missing or messy data. This mapping also explores potential enhancements through external data, such as weather forecasts.
Most fuel efficiency improvements can be unlocked with data that is already available, avoiding the need to install new sensors or systems. Instead, the key is to streamline data collection and integration. Connectivity is crucial for data transfer, so upgrades and cybersecurity should be taken into consideration.
Collating data from different sources often requires the deployment of Application Program Interfaces (APIs), and questions of data ownership must be addressed contractually.
Step 2: Understanding the data analysis process
After data is collected, checked, and integrated, human oversight becomes crucial in the analysis process. While digital tools provide a precise snapshot of fleet performance and identify patterns, human expertise is necessary to interpret the data in the specific context of the company, fleet, and operational challenges. In short, people play a vital role in transforming data into actionable insights and driving change.
Digital solutions help operators leverage data for regulatory compliance and business opportunities. These solutions can analyse historical and forecasted data alongside current conditions, automating data collection without burdening the crew. This real-time data enables quick responses to changing conditions and proactive problem-solving. However, it's essential for ship operators to understand how these analyses and recommendations are generated, especially to ensure safety levels are maintained. Although technology contributes to key performance indicators (KPIs), human experience remains irreplaceable in ship operation and management.
Step 3: Identifying clear goals for greater efficiency
Providing insights into factors like fuel consumption and emissions, embracing digitalisation is a practical decision for companies. In practice, tracking data allows companies to identify starting points and potential areas for improvement, leading to enhanced operational, financial, and environmental outcomes. With this improved information flow and automated reporting, unprecedented accuracy and visualisation enables the setting of goals for improving fuel management. At this point, clear KPIs are crucial for assessing return on investment, and communicating results.
Data on vessel positions, speed, and engine configurations allows understanding of underperforming vessels, facilitating goal-setting for improvement. Tailored insights can be delivered at individual ship or fleet levels, multiplying efficiency gains. However, new operating practices to meet KPIs require acceptance and understanding from crews and shoreside personnel. Contractual and safety issues should be considered in consultation with those involved in day-to-day tasks.
Step 4: Ensuring a collaborative process
Successful digitalisation requires organisational and cultural changes as much as technological advancement. The transition must encompass all levels, from boardrooms to vessel bridges. While technical challenges like data integration can be resolved, a shift in mindsets is crucial for effective implementation. Real dialogue and discussions about on-the-ground realities are vital for success.
User experience is paramount, requiring investment in software design to ensure users are comfortable with interfaces and understand their roles and goals. Projects often involve multiple stakeholders, including third-party providers, and data from various sources, requiring collaborative efforts for smooth integration.
Internal stakeholders, especially managers, play a crucial role in implementing a new digital mindset. While a project manager may coordinate with external providers, overall engagement from everyone in the company is essential. Securing buy-in and adoption from employees involves investing time and resources to engage them and convey the meaningful impact of digital solutions on their roles and responsibilities. At Opsealog, we believe that digitalisation is viewed as a continuous journey rather than a singular outcome.
Step 5: Managing ongoing change
Pilot testing new approaches is crucial for gaining valuable experience and building confidence in the broader implementation of digital solutions. Change management is a vital aspect of digitalisation projects, and operators may wish to limit changes initially to specific projects, regions, or vessel types. Some solutions may be tailored to certain operations or vessels with specific power systems, impacting the rollout strategy.
Following the initial project, an operator's digital ecosystem continues to grow, driven by confidence in fuel efficiency improvements. As regulations continue to change, and with ongoing expert consultation more opportunities for reducing fuel consumption will be revealed. As new low-carbon and zero-carbon fuels emerge, data collection and processing methods will need to adapt, ensuring robust measurements of consumption, emissions, and operational costs associated with adopting these new fuels.
Digitalisation is an ongoing process rather than a final destination. Establishing foundations for onboard reporting supports long-term organisational ambitions, but data processes must evolve to align with the changing landscape of the energy transition. Internal communication of successes ensures operational gains positively impact future tenders, while external communication to charterers, financiers, and insurance providers enhances strategic opportunities and creates lasting value for the operator.
Hapag-Lloyd uses StormGeo digital solutions for FuelEU Maritime compliance
StormGeo shares how it is supporting Hapag-Lloyd’s sustainability journey with its s-Log and s-Insight digital solutions to comply with the new FuelEU Maritime regulation.
Voyage optimisation and weather intelligence solutions provider StormGeo on Thursday (6 March) shared how it is supporting Hapag-Lloyd’s sustainability journey with its s-Log and s-Insight digital solutions to comply with the new FuelEU Maritime regulation.
The following is an excerpt of the article:
As the shipping industry continues its journey towards a decarbonized future with the new FuelEU Maritime regulation, Hapag-Lloyd relies on StormGeo’s future-proof digital solutions and services to stay compliant and achieve its long-term sustainability goals.
Operating around 300 container ships with a total transport capacity of more than 2.3 million TEU, Hapag-Lloyd is one of the world’s most prominent and leading liner shipping companies – and the largest fleet sailing under the German flag.
In addition to being one of the largest in the industry, Hapag-Lloyd is also one of the greenest. The company was the first to ever convert a large container ship to dual-fuel propulsion capable of using LNG and by end of 2025 will have a fleet of 13 LNG dual-fuel vessels in operation, thereby reducing CO2 emissions significantly. Furthermore, up to 50 of their ships already run on biofuels, such as bio-LNG and FAME, capable of reducing greenhouse gas emissions by up to 80% compared to conventional fuels.
Navigating FuelEU Maritime Compliance
With these sustainability initiatives, Hapag-Lloyd has taken crucial steps toward compliance with the FuelEU Maritime regulation that came into effect on January 1st, 2025. This EU-driven initiative dictates that shipping companies must decarbonize their operations by reducing the GHG intensity of their vessels and increasing the use of sustainable fuels, such as biofuels, green methanol, ammonia and others.
To become fully compliant, Hapag-Lloyd demands a robust biofuel-compliant reporting system that can efficiently align biofuel consumption data with the specific demands outlined in the new regulation.
With these 300 vessels requiring proper data reporting, validation, and verification by their emission verifier DNV, Hapag-Lloyd relies on StormGeo’s s-Log and s-Insight solutions to accurately monitor, report, and validate GHG intensity for FuelEU Maritime compliance and all other GHG emission reduction schemes (EU ETS, CII, MRV, IMO DCS, CCWG, and ESI).
“It’s crucial for us to work with partners like StormGeo, who share our commitment to drive the shipping industry toward a more sustainable future,” says Heribert Riesenhuber, Director Fleet Energy Management at Hapag-Lloyd Hamburg Head Office. “Our decade-long partnership has yielded great solutions for environmental compliance that have benefited not only us but the industry at large, and we’re excited to continue our work with StormGeo to advance our decarbonization goals and tackle new reporting requirements, such as FuelEU Maritime.”
The Role of Digital Tools in Shipping Decarbonization
Hapag-Lloyd leverages a comprehensive solution for the entire FuelEU Maritime compliance process, enabled by StormGeo’s ship-to-shore data reporting system s-Log to easily accommodate biofuel reporting in anticipation of the new regulation – in addition to the data validation system s-Insight and direct access to regulatory and industry experts.
With these solutions, Hapag-Lloyd can accurately calculate the GHG intensity of biofuels used across its fleet according to the specific requirements of the FuelEU Maritime regulation.
The data reporting system collects all fuel consumption data, including biofuels, and runs strict validation rules to identify and flag any reporting errors, improve data quality, and increase accuracy. The validated consumption data is then calculated into GHG intensity data, which can automatically be shared with all major emission verifiers globally, including DNV, through APIs.
Through its Hamburg-based Fleet Performance Center, StormGeo’s experts are available to support Hapag-Lloyd throughout the entire process, including proactive discussions with verifiers.
“Our collaboration with Hapag-Lloyd is an example of the power of partnerships in the decarbonization of the shipping industry,” says Till Braun, Strategic Account Manager and Sales Director at StormGeo. “Sustainable maritime operations require close collaboration between different industry players, and we’re excited to work with and learn from Hapag-Lloyd and their partners to simplify compliance and enable proactive sustainable strategies for the benefit of the industry as a whole.”
Note: The full story on how StormGeo is supporting Hapag-Lloyd’s sustainability journey can be found here.
DNV launches new report on energy-efficiency measures and technologies for shipowners
Report provides a comprehensive overview of more than 40 energy-efficiency measures, detailing their fuel-saving effects, cost figures, and suitability for specific ship types.
Classification society DNV on Tuesday (4 March) launched its latest report that provides a comprehensive overview of more than 40 energy-efficiency measures, detailing their fuel-saving effects, cost figures, and suitability for specific ship types.
The report, titled Energy-efficiency measures and technologies – Key solutions and strategies for Maritime’s decarbonization journey, highlighted how these measures can help shipowners meet short- and mid-term regulatory requirements, gain a competitive edge, and ensure profitable operations well into the 2030s and 2040s.
“With increasing regulatory pressure and rising fuel costs, the shipping industry must accelerate decarbonization while ensuring operational and economic viability,” DNV said.
“Energy-efficiency measures can play a crucial role in reducing fuel consumption and facilitating the transition to alternative fuels as they become available.”
“To help shipowners identify the best solutions for their fleet, DNV has published a report offering a comprehensive overview of currently available energy-efficiency measures and technologies.”
Knut Ørbeck-Nilssen, CEO at DNV Maritime, said: “The decarbonization of shipping is one of our greatest challenges. While transitioning to carbon-neutral fuels is essential, supply and cost remain key barriers.
To accelerate this shift, all possible measures must be explored. Energy-efficiency measures can not only cut emissions in the short term but also support the adoption of alternative fuels by reducing overall fuel demand and operational costs. With many such measures available, our report aims to help stakeholders navigate these choices and identify the best solutions for their fleets.”
In the report, DNV explored a wide range of technical and operational measures, detailing cost considerations, suitability for different ship types, and the challenges of combining multiple solutions effectively. Digitalization also plays an important role, and the report offers insights into how data-driven decision-making can enhance fuel savings, while ensuring cybersecurity remains a priority.
DNV’s report outlined a three-step approach for managing decarbonization risks: defining greenhouse gas (GHG) trajectory and goals, assessing pathways for meeting these goals, and developing a fleet decarbonization strategy and plan. It also explores other solutions such as low-carbon and carbon-neutral fuels, biofuels, onboard carbon capture, fuel cells, and nuclear propulsion, evaluating their benefits, challenges, and emissions reduction potential.
Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “Energy efficiency is key to reducing emissions and enabling low-carbon fuel adoption. While there’s no one-size-fits-all solution, improving onboard efficiency reduces emissions in the short term and accelerates low-carbon fuel adoption in the long term.”
“Every percentage of fuel saved, whether conventional or alternative, translates into significant cost savings. Energy efficieny is becoming critical, and the industry must raise awareness, gain knowledge, and plan ahead.”
Note: A free copy of the report can be found here.
ZeroNorth achieves first operating profit in Dec with nearly USD 40 mil revenue in 2024
Firm achieved its first month of positive earnings before EBITDA in December 2024, after four and a half years of operations and reached just under USD 40 million in annual recurring revenue for 2024.
Technology company ZeroNorth on Thursday (30 February) said it achieved its first month of positive earnings before interest, taxes, depreciation, and amortisation (EBITDA) in December 2024, after four and a half years since its launch.
The firm said the achievement comes on the back of significant growth, with the company reaching just under USD 40 million in annual recurring revenue (ARR) for the year, a 38% increase from 2023.
“This marks an important milestone for ZeroNorth, particularly at a time when rising interest rates have put increasing pressure on startups and scaleups to prioritise financial sustainability over top-line growth. Despite the challenging economic climate, ZeroNorth has managed to balance growth and profitability, showing its ability to adapt to changing financial conditions,” the company said.
Founded in 2020, ZeroNorth has rapidly become a leader in the maritime industry’s digital transformation, helping more than 230 shipping and energy companies navigate the energy transition with solutions that optimise fuel consumption and reduce emissions.
ZeroNorth has scaled from a team of six to 600 employees across 10 global locations and completed six strategic acquisitions, including joining forces with Singapore-based Alpha Ori Technologies in February 2024.
Powered by AI-driven technologies developed in-house, the company has built a unified platform with a significant impact on sustainability and efficiency for customers. In 2024 alone, it optimised 72,000 voyage legs by generating 1.5 million routes, reducing more than one million metric tonnes of CO2 emissions.
ZeroNorth expects to achieve positive EBITDA for the full year 2025, while continuing to execute its growth strategy.
Søren Meyer, CEO of ZeroNorth, said: “Achieving operating profit is an important milestone for ZeroNorth and a reflection of the dedication of our team and the trust of our customers. Reaching this point highlights our ability to build a sustainable business model while scaling rapidly.”
“More importantly, it reflects the critical role of data and technology as the shipping industry tackles the complexities of the energy transition.”
“With this foundation, we are strongly positioned to accelerate our growth, and continue to enable our customers to make informed decisions, boost efficiency and cut emissions.”