Summarised thoughts from digitisation in shipping conference
GreenSteam’s Head of Performance Management, Jonas S. Frederiksen, was on the panel at Ecoprodigi, an EU-funded conference exploring how digitisation can help reduce maritime emissions in the Baltic region. Participants included ship owners, suppliers, and academics making for a thought-provoking discussion. Below, he summarises his take away from the conference.
While it may appear a local issue, we have seen before how small changes in one region can turn into a mass movement, including the IMO’s focus on reducing shipping carbon emissions that was first championed in Scandinavia.
The shipping industry has lagged other sectors in adopting digital solutions
Jonas says there was a general acknowledgement at the conference that the industry has been slow to adopt digital solutions to help reduce emissions and make the industry more efficient. And while it is critical that long-term moves such as adopting carbon neutral fuels and innovations to ship design are pursued, the industry can make immediate incremental changes through better use of data solutions to reduce its impact on the environment.
Data-driven digital solutions are proven and available
Starting at a vessel performance level, GreenSteams’ machine learning digital offer can enable up to 15% reduction in fuel wastage and associated emissions. GreenSteam is seeing more companies adopt this solution and using the insights gained to make better decisions about how to manage their fleet more effectively.
Working on one optimised voyage at a time will help the overall industry perform better while at sea but there are still too many ballast voyages. It was discussed at the conference that better use of data-pooling would improve utilisation across the industry.
Industry must embrace change
So like many other areas of innovative change, digitisation will provide many opportunities which will help the industry work towards meeting its emissions targets. And vessel optimization using machine learning will play a vital role in that, meaning all charterers and owners should have an emission reduction strategy which includes this.
The Baltic may be where it starts, but if successful we can all learn from it.