Smart shipping solution could cut fuel costs by 6%

Its subsidiary Hyundai Global Service (HGS) has formed this partnership with South Korea-headquartered Intellian, which manufacturers antenna systems for VSAT connectivity.

With this agreement, HGS will expand its integrated smart ship (ISS) solution to more ships to enable owners to monitor vessel performance and machinery condition.

ISS is a digital ecosystem with analytic applications for ship and fleet management. It supports optimal vessel operation and management and HGS expects these could reduce fuel costs by over 6% per year and reduce emissions by similar levels.

To achieve this, ships need VSAT satellite communications, including antenna hardware. Intellian will provide its VSAT technology for HGS ships, allowing it to transmit large amounts of vessel data to shore.

Under the agreement, Intellian VSAT antennas will be provided to all existing and new Hyundai-built ships as a standard package, delivering Ku-band connectivity for ship monitoring, crew internet access and business communications.

Intellian will then provide lifecycle support to the vessels under HGS management.

Signing this strategic partnership is the starting gun for both companies to begin marketing the ISS and satellite communications solution in maritime markets. They will also jointly develop antenna technology to increase performance and condition monitoring.

HGS chief executive Kwang Heon An said this combination of ISS and VSAT hardware will have a significant impact on shipping. “We are well positioned to initiate a paradigm-shift in how ships are operated and the value that shipping companies can achieve from previously unobtainable efficiencies.”

Intellian chief executive Eric Sung expects VSAT technology will be “at the forefront of the smart ship market”.

Both expect this partnership will secure a leading position in delivering digital intelligence to shipowners, operators and managers.

Other South Korean shipbuilders have also developed smart shipping solutions. Earlier this month, Daewoo Shipbuilding & Marine Engineering (DSME) received approval in principle from classification society Lloyd’s Register for its smart ship solution.

DSME said smart shipping systems will be installed on newbuilds including ultra-large container ships.

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