Vessel monitoring and control systems provider Reygar has won funding from InnovateUK to develop a range of new features for its BareFLEET product, in collaboration with Singapore-based vessel designer Penguin International Limited.
The project, dubbed FleetVision, will build on Reygar’s existing technology to offer live feedback on various aspects of vessel performance, leveraging Penguin’s experience in shipbuilding and ship management of aluminium workboats.
Machine learning tools will be jointly developed to identify operating efficiency and cost reduction opportunities and to monitor machinery health, alongside adaptations that will enable more vessel types to benefit from the system.
“We are passionate about helping fleet operators make better, more informed decisions to reduce fuel consumption and emissions,” said Chris Huxley-Reynard, CEO of Reygar.
“Live feedback on vessel performance means that a range of cost, fuel and emissions saving opportunities can be seen and acted upon in real time, optimising operations both onboard and from the shore.”
“Leveraging machine learning to help identify trends in machinery health and vessel performance also improves availability and supports the achievement of operating efficiency goals.”
The FleetVision project began at the end of 2022 and is expected to run over the next two years. The collaborative research and development project is funded by Innovate UK, part of UK Research and Innovation, in partnership with Enterprise Singapore.
