Vessel Selection

Make more informed decisions when fixing vessels for single trip or longer period charters

A data-driven approach to more accurately assess operational vessel performance, powered by an industry-leading data eco-system combined with advanced fuel modelling and data analytics capabilities

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Benefits for charterers and operators

 

Key Features

Vessel Selection decision-making support service for charterers

Vessel selection enables charterers to improve fuel consumption predictions by simulating various operating conditions for the vessels under consideration for chartering.  By selecting the right vessel for the specific route and conditions and negotiate more precise performance guarantees with owners to reduce the likelihood of cost overruns.

Calculating fuel performance for vessels being taken on short-term charters is a well-known challenge for charterers. The Vessel Selection service sets out to solve this as well by enabling more accurate predictions of vessel performance, based on historic data and machine learning.

Read more in the media release