DeepSea Technologies launches 10% energy reduction initiative for vessel operators

Athens-based maritime artificial intelligence firm DeepSea Technologies has launched a new project claiming that it can help ship owners and operators unlock energy efficiency improvements of at least 10% across almost any fleet in 12 months, dubbed ‘The 10% Initiative’.

The company says that these savings can be achieved by incrementally implementing the latest optimisation technologies across vessel fleets. A 10% reduction is the ultimate target, which DeepSea says is in line with the results already achieved by operators using its weather routing and voyage optimisation software, Pythia.

Further efficiency gains are also possible by deploying AI-driven vessel performance platforms which help to identify ideal operating procedures tailored to individual vessels, give early warnings of issues, and provide a comprehensive overview of fuel consumption.

Container ship owner Euroseas and dry bulk owner EuroDry are the first to sign up to the initiative, with the project open to any company regardless of their digital or decarbonisation transformation status, DeepSea says.

“We’re delighted to say that we have the proven technology to make this kind of efficiency improvement across a fleet. The industry challenge is now all about implementation,” said Angus Whiston, Commercial Director, DeepSea Technologies.

“There are many shipping companies out there that aspire to engage with this kind of technology but may not know how to approach it. This initiative is aimed at those companies – as well as those that are already leading the field in terms of decarbonisation strategies and want to push further. We are providing a realistic, accessible and effective framework to support the implementation of these technologies at the pace required by each different company.”

“In addition to creating a real impact in the fight against climate change, we envisage The 10% Initiative playing a pivotal role in supporting the energy efficiency solutions of tomorrow. By moving to a data-driven way of working, ship owners and operators can make business-critical decisions on the implementation of new technologies with greater confidence, as well as providing a perfect environment to further develop our own approaches in partnership with The 10% Initiative members.”

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Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

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