The Netherlands-based technology firm We4Sea has introduced a fuel monitoring solution for the shipping industry that does not require any capital expenditure.
The new version of their cloud platform is able to monitor and report on the fuel consumption and emissions of ships.
“Using the latest Big Data technology, We4Sea can now monitor and report on any conventionally powered ship, bringing a ship online within 24 hours,” it says.
“There is no need to install sensors or hardware, and therefore no up-front investments. These absence of high investments will impact the market adoption of fuel monitoring systems significantly.”
The platform uses vast amounts of operational data of a ship, such as position, speed, heading and draft, overlapping these data with sources, such as weather conditions, wave heights, currents and wind to produce useful information.
“We are very happy to announce this new feature today. Using the latest technology, we offer the first non-CAPEX fuel monitoring solution in the shipping market.
“There is no need to buy and install expensive equipment, plan a port-visit or accept a few days off-hire. Monitoring and reporting of any ship can now start within 24 hours,” says Dan Veen, CEO of We4Sea.
“We offer the ship-owner tools to make fuel-efficiency monitoring easy,” adds Michiel Katgert, CTO of We4Sea.
“Saving fuel will not only have a direct impact on their financial results, but it will also improve the sustainability of their operations and lead to a reduction of CO2.”
Photo credit: We4Sea
Published: 19 March, 2018
Transferred shares of 40 subsidiaries to BVI firm after tribunal awarded claims in favour of Trinity Seatrading; YSPL has also filed a civil complaint against DNV and Liberian ship registry at Nanjing Maritime Court.
ADNOC L&S, Gulf Energy Maritime, Cockett Marine Oil, Mideast/Bahri Ship Management and VPS experts present their views on biofuel bunker hurdles at the VPS Biofuels Seminar in Dubai on 16 March.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.