World News
NAPA Launches Bunker-Saving Fleet Intelligence Service
NAPA today announced that it has launched a new concept of ship performance monitoring, a "plug and play, zero-installation," cloud-based web service known as NAPA Fleet Intelligence, which is intended to provide high-accuracy performance monitoring for any vessel, regardless of ownership or charterer.
"For charterers and cash-strapped owners, it will deliver simple, transparent, affordable and accurate efficiency data to drive competitiveness and profitability with zero installation and zero disruption to operations," explains NAPA.
The service, which delivers voyage-by-voyage analysis of fuel efficiency for any conventionally powered vessel dating back as far as January 2015, is available through a scaling subscription.
The service brings together vessel design information with remote-sensed data, including AIS, chart data, and environmental data, and incorporates NAPA-developed algorithms and hydrodynamic calculations based on detailed ship performance models for each vessel type.
A final report displays voyage-by-voyage data on the route taken, speed profile, fuel efficiency, and an optimised speed profile to enable customers to improve the next voyage.
"Charterers, shipowners and managers have to resolve dozens of conflicting priorities on a daily basis. 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," said Naoki Mizutani, Executive Vice President of NAPA Shipping Solutions.
"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."
NAPA Fleet Intelligence reports are noted to have been verified against real-world ship performance data collected through NAPA's on-board vessel performance monitoring systems, with accuracy found to average at about 95 percent.
"We see this as a game changer, making the shift to data-driven business decisions possible for any maritime business, which is in line with our mission to improve safety and efficiency of the whole industry," said Mizutani.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 624.50 | 1.00 | 732.00 | 8.50 |
| Rotterdam | 571.00 | 3.00 | 758.00 | 16.50 |
| Houston | 591.50 | 4.00 | 760.00 | 5.50 |
| Fujairah | 629.00 | 0.50 | 877.50 | 3.00 |
| Global 20 Ports Average | 637.00 | 0.00 | 819.00 | 3.00 |
| Global 4 Ports Average | 604.00 | 0.00 | 782.00 | 5.50 |
| Global Average Bunker Price | 688.00 | 2.50 | 879.00 | 1.00 |
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