The last couple of months, We4Sea held interviews with many charterers and shipowners to get answers to this question. And the outcome surprised us.
“67 % of respondents think data from noon reports is not or only partially reliable for use as a reporting tool while 80% uses noon reports for performance monitoring.”
Most of the 32 respondents expressed frustration about having to rely entirely and solely on noon-reports. Noon-reports are seen as a fact of life in shipping, been around for ages. Respondents of our survey replied that there are three main reasons for not trusting them. First, they cannot benchmark and explain the data. Secondly, with data points only once every 24 hours, they are not sufficient to produce a proper vessel performance analysis. Third, there is a lot of room for human errors and inconsistencies.
Several respondents explained that for some vessels, the reported bunker consumption is (extremely) stable, every day about the same. Other replied that increases in bunker consumption were easily blamed on bad weather.
With fuel costs being 40-70% of total voyage costs, fuel efficiency is of immense importance. Noon-report data is not good enough anymore, it’s time to move on to a new way of monitoring.
We4Sea offers an alternative: a monitoring solution to benchmark noon-reported fuel consumption and related emissions of any (chartered) vessel – in real-time.
An example is given below. It can be seen that the noon-reported fuel consumption (green dotted line) is (very) stable. It’s also very hard to see why the first part is lower than the second part.
If we would plot the noon-reported fuel consumption against reported average speed, it’s clear to see from the trend line that the reported data cannot be trusted to give an accurate picture of fuel consumption or efficiency.
We4Sea has now made a huge step forward compared to the traditional noon-reports. Using our unique Digital Twin concept, we have developed a radical new way of monitoring sea-going ships. We benchmark reported consumption, using real-time weather, draft and speed data, with up to 480 datapoints per day. This allows you to make plausibility checks on quality of reporting and benchmark reported consumption.
The example below shows that noon-reported consumption is clearly exceeding the consumption you may expect (the blue line). The blue line already takes into account the speed sailed (STW), draft and weather, so deviations show inefficiencies or bad reporting. Hull fouling proved to be a problem in this particular case.
Benchmarking reported bunker consumption could be used to detect overconsumption in (near) real-time, can check if Bad Weather claims are valid, and uses smart Alerts to notify you. Allowing you to take necessary actions, and supply needed data to support claims.
As the technology requires no onboard installation of sensors, it can be used to track any conventionally powered ship within 24 hours. There are even no port-stops or off-hire required.
Try us, we’re sure you will be amazed. Contact us on firstname.lastname@example.org or go to https://www.we4sea.com/consultation/ for an online demo.