The importance of sustainable shipping

Ships often burn millions of metric tons fuel annually. Sustainable shipping means an increased need to reduce emissions for vessels, by using low-carbon fuels or reducing consumption. Ship monitoring can also help you achieve your business and environmental goals, such as reducing emissions.

In a recent report, it is found that the transfer to sustainable shipping has the potential to have the greatest impact on the maritime industry over the next 10 years. This finding is presented in the Global Maritime Issues Monitor 2021. In the survey, respondents from six continents highlighted the ‘decarbonisation of shipping’, ‘new environmental regulation’, ‘societal demands for sustainability, and ‘failure of climate-change mitigation and adoption’ as four of the top 10 issues in terms of the potential impact on the maritime industry.

The maritime industry comes unprepared for sustainable shipping

For the first time in the four-year history of the Global Maritime Issues Monitor the decarbonisation of shipping was seen by respondents as the most impactful trend in shipping, followed by new environmental legislation.

The focus in 2021 also indicates a shift back to the pre-pandemic world of 2019, where environmental issues dominated much of the discussion areas in the survey.

However – significantly – where sustainability and environmental issues scored high on impact and likelihood, they scored low on preparedness.

Now is an important time in the shipping industry’s effort to better prepare for decarbonisation and new environmental regulation. We4Sea assists charterers and shipowners to prepare and take necessary actions.

A new approach to ship monitoring

Performance monitoring will be essential in the transfer to sustainable shipping.

We4Sea offers solutions to remotely measure, manage and report on ship performance, whether they are owned, chartered, or operated by you – in real-time, without investing in onboard monitoring equipment.

Using an in-house developed Digital Twin concept, we have developed a new way of ship performance monitoring.

The benefits of using a Digital Twin for ship performance monitoring

This Digital Twin approach provides several of benefits for ship performance monitoring:

  • No Capital Expenditures (CAPEX): You do not need to install any hardware onboard to start the ship monitoring.  The solution collects large amounts of data, originating from satellites, AIS, weather stations, and combines it with a model, the so-called Digital Twin.
  • Fast: only a vessel name and IMO number is needed to start tracking the performance of a ship.  There is no need for a port visit to start, and you can start tracking within hours.
  • Weather impact:  We report on the weather impact, enabling you to benchmark your fleet of vessels. This is unique in the maritime market.