ZeroNorth has unveiled a new Advanced Consumption & Emissions (ACE) API to enable charterers outside of its platform to query the ZeroNorth Fuel Model to forecast the estimated fuel consumption of an upcoming voyage and predict a vessel’s profitability.
Prior to release, ZeroNorth product and engineering teams worked with their counterparts from software firm Veson Nautical to ensure that the ACE API would be compatible with Veson Nautical’s Web Hook integration within the Veson IMOS Platform’s Chartering module. Once configured, the integration will enable Veson Nautical customers to leverage ZeroNorth’s fuel modelling capabilities as part of their daily chartering workflow when considering a new voyage.
This is the first time that ZeroNorth’s analytics have been available outside of its own platform.
ZeroNorth’s Fuel Model uses machine learning to predict expected fuel consumption for any vessel, regardless of itinerary, route, or condition. The model takes in more than 1.2 billion data points, spanning vessel reports, high frequency sensor data, weather data, AIS signals, port stays, dry dock and cleaning events to forecast the expected operational fuel consumption of a vessel.
The ACE API will enable users to input simple voyage parameters such as origin port, destination port, IMO number and speed and will return fuel consumption estimates from ZeroNorth’s Fuel Model.
“The powerful API can generate real time and granular insights to inform chartering decisions, using a huge range of data to calculate fuel consumption and emissions for any vessel carrying any cargo,” said Søren Meyer, CEO, ZeroNorth.
“We believe that this granularity is what will enable the sector not only to optimise voyages around new pressures like CII, but also build a solid foundation from which we can collectively make more sustainable business decisions.”