NAPA launched a new concept of ship performance monitoring, NAPA Fleet Intelligence, that will offer high-accuracy performance monitoring for any vessel, regardless of ownership or charterer. Available through a scaling subscription depending on the number of ships customers require data on, the service delivers voyage-by-voyage analysis of fuel efficiency for any conventionally powered vessel dating back as far as January 2015.
The web service combines vessel design information with remote-sensed data such as AIS, chart data and real-time environmental data, incorporating algorithms and hydrodynamic calculations developed by NAPA’s in-house ship operations data and analytics experts based on detailed ship performance models for each vessel type. The final report shows voyage-by-voyage data on the route taken, speed profile and fuel efficiency, as well as what the optimised speed profile would have been so that customers can improve the next voyage.
NAPA Fleet Intelligence reports have been verified against real-world ship performance data collected by NAPA’s on-board vessel performance monitoring systems, and accuracy was found to average around 95%, which will help owners, operators and charterers to quickly assess fleet efficiency and make confident decisions on how to improve it further. The data received can be used for a variety of functions; for instance, tracking fuel consumption, evaluating a ship’s operational performance, or evaluating the effect of environmental conditions.
Naoki Mizutani, Executive Vice President of NAPA Shipping Solutions commented: “Productivity, efficient operations, transparency and close scrutiny of costs are more important than ever. Yet, for owners with limited liquid assets and charterers with short term contracts to it is neither easy nor cost-effective to install and implement on-board performance monitoring. By ensuring highly accurate ship efficiency data is accessible with a very low barrier to entry, requiring only a web browser and a subscription, NAPA Fleet Intelligence will democratise the use of ship performance data across the industry.”
Pekka Pakkanen, Director of Development, NAPA Shipping Solutions commented: “Our experts used detailed ship performance models as well as understanding from the machine learning employed by NAPA’s on-board dynamic performance model to develop highly advanced algorithms and hydrodynamic calculations.”