World News
Fujitsu Completes Trial on New Bunker-Saving Ship Performance Tech
Fujitsu Laboratories Ltd. (Fujitsu) today announced that, along with Mitsui O.S.K. Lines (MOL) and Ube Shipping & Logistics, Ltd., it has conducted a trial of a ship performance estimation technology that can predict figures such as ship speed and fuel consumption.
The technology, which was developed by Fujitsu and the Tokyo University of Marine Science and Technology (TUMSAT), will be made available as an option in Fujitsu Mobility Solution SPATIOWL - a cloud service that uses location information and is set to be launched in 2018.
"The results of the trial showed that the technology is capable of estimating ship performance with an estimated margin of error under 1.5 percent, both on the ocean and near the coast, and in a variety of weather and wave conditions," said Fujitsu.
"With this technology, it is possible for operators to accurately predict ship courses that will reduce fuel consumption, leading to lower fuel costs."
Details of this trial will be exhibited at the 2017 Fujitsu Forum Munich from November 8-9.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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