When: April 20, 2023, 4PM Central European Time / 10AM Eastern Time

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In this webinar, Mathias Hintze, Analyst and Frederik Lehn, Model Developer at the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping explain how they are supporting maritime decarbonization by modelling likely transition scenarios towards net-zero emissions for the industry.

Shipping is a hard-to-abate sector and consequently requires new types of fuel and technology to decarbonize. These fuels and technologies have different cost and availability outlooks.

Further, the sector is impacted by policy decisions and market dynamics.

To combine insights across the value chain, the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping has developed a simulation model, NavigaTE.

NavigaTE is designed to simulate the transition of the maritime industry. This is done by modeling the decision processes of the different actors along the maritime value chain.

A core part of NavigaTE is the fuel selection algorithm which is solved at every time-step using Gurobi's Linear Programming (LP) Solver.

Topics covered:

• What decarbonization in shipping could look like
• How the maritime industry can leverage modelling and data-driven decisions in its transition to net-zero emissions
• How NavigaTE is designed and used to simulate decisions across a diverse group of stakeholders
• How an LP solver is used in an unconventional way as part of a larger simulation algorithm
• Why Gurobi is necessary in their work

Meet the Experts

Mathias Hintze
Analyst, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping

Mathias Hintze works as an Analyst at the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, where he has been working with enabling sustainable shipping via decarbonization through modelling and analytics. Mathias has been working at the center for two years with this focus. Prior to joining the Center, he worked for A.P. Moller Holding and Boston Consulting Group (BCG). His educational background is a M.Sc. in Engineering with a focus on mathematical modelling and optimization from Technical University of Denmark (DTU). In his thesis, he worked with primary school timetabling in Denmark using mixed integer programming (MIP).

Frederik Lehn
Model Developer, Maersk Mc-Kinney Moller

Frederik Lehn works as a Model Developer at the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, where he is leading the development of the python-based simulator, NavigaTE. Frederik started his career as an Engineer working with large scale fluid dynamics simulations and subsequently as a Product Owner of a software product used for uncertainty modelling and optimization. Frederik holds a B.Sc. in Applied Mathematics and an M.Sc. in Petroleum Engineering from the Technical University of Denmark (DTU) where he has focused on solving partial differential equations, uncertainty modelling and non-linear optimization.