Predict and save ship fuel consumption and earn carbon credit acquisition too.

SPM

What’s about your business idea (max 500 char): In the last years the growth in competitiveness imposed by the shipping market, the rise in fuel price and the new international regulation on environmental impact, have urged shipping companies to pay increasing attention to ship fuel consumption and CO2 emissions. Our team is currently developing a software based on a new and unique methodology to the ship fuel consumption methodology to the ship fuel consumption prediction, as a function of sailing conditions. This methodology can be used to monitoring or to demonstrate the effectiveness of a specific efficiency improvement operation which is strategic for carbon credit acquisition.

e-mail: luigi.vitiello@unina.it
team: Luigi Vitiello
more info: My start-up make a software to sell a shipping companies or at shipyard for analyze sailing data (ship speed, wind speed and direction, displacement, trim, engine operation mode, fin stabilizer operating time). After a monitoring period, the software, with these data, trought a regression model, is able to predict the ship fuel consumption and calculate an prediciton interval. Now, with this software the shipowner is able to decision making, comparing the actual fuel consumption with the prediction interval. This software can be used to monitoring or to demonstrate the effectiveness of a specific efficiency improvement operation which is strategic for carbon credit acquisition