Electronic navigation group NAVTOR has unveiled its NavFleet fleet management and performance optimisation package to unlock smarter shipping for owners
This is a platform for performance monitoring, real-time operational insight and enhanced business decision making, said the Norway-headquartered company. NavFleet seamlessly integrates real-time data from vessels and ship fleets with an array of business information resources within one shoreside application.
NAVTOR chief executive Tor Svanes said NavFleet “heralds a future of efficiency, performance, intelligence and cost control for owners of all sizes and segments”. NavFleet enables owners to benchmark, troubleshoot, refine and share best practices across fleets, while solving individual vessel issues.
NAVTOR provided an example of the type of insight NavFleet could deliver. If a shoreside team knew what propeller revolutions should produce a speed of 10 knots in good weather conditions, vessel engines could be set accordingly and ongoing speed monitored. If speed does not meet expectations, a hull performance issue could be identified, with bio-fouling producing frictional drag, hampering performance and impacting fuel consumption and efficiency. Mr Svanes said this was “just the tip of the iceberg.”
NavFleet can be used for reporting and compliance, such as providing reports on emissions for mandated reporting and verification under IMO and European Union rules from Q4 2021. NavFleet will also produce operational reports from daily data from vessels for access on any mobile devices from anywhere with internet access.
In addition, NavFleet’s real-time monitoring capabilities will help office-based teams determine if vessels are falling short of key performance indicators or deviating from passage plans, making it easier for owners to adhere to the covenants in charter party agreements, potentially avoiding performance claims and strengthening working relationships.
“We listened to our customers and the officers on the thousands of vessels we deliver services to,” said Mr Svanes, “and tailored a solution that helps them tackle some of their most pressing everyday challenges.”
He said more functions and applications will be added to NavFleet during 2021 and beyond. “It will constantly evolve as we develop new functionality and refinements to meet the changing demands of this dynamic industry,” said Mr Svanes.
“We see this as a natural progression for NAVTOR and a further means of translating some of the principal benefits we have brought to e-navigation into the context of overall fleet and business management. This is a new chapter for our company and, we believe, an essential application for enabling smarter, more sustainable and profitable shipping organisations.”
NAVTOR operates a global network of eight full-time offices and over 20 international distributors providing e-navigation services to more than 7,000 vessels from all shipping segments, operated by companies in over 60 countries.
“Using our cyber-secure certified gateway NavBox and cloud computing resources, we can enable remote teams to work as one – accessing data relating to, for example, vessel sensors, weather, passage planning, route optimisation, engines and fuel consumption in real-time” said Mr Svanes.
“In this way, users have a simplified interface where everything is connected, enabling them to see the ‘big picture’ rather than working to gather and analyse separate data streams in isolation. This unlocks smarter shipping for everyone… and the benefits of that are almost unlimited.”
Vessel and fleet optimisation will be discussed during Riviera’s series of virtual conferences and webinars during 2021 - use this link to access more details and register for these events