White papers from SparkCognition, Caterpillar, Eniram and Datalink provide exclusive and critical advice to shipping operators on how to implement digitalisation strategies and prevent cyber threats
White papers in Riviera Maritime Media’s Maritime Technology Knowledge Bank provide thought leadership for the new era of shipping digitalisation. This Knowledge Bank is a stand-alone searchable library of technical, solutions-based information in the form of white papers and expert views from core sectors of maritime IT and communications. Here is a round-up of the latest white papers uploaded on marinemec.com that provide advice to shipping companies on how to implement digitalisation strategies.
Unanticipated onboard machinery failures can have serious consequences for the safety of the ship, its crew, and its cargo. SparkCognition has developed a system that can predict failure before it occurs and enables ship operators to take remedial action to prevent ship downtime or unplanned equipment repairs and replacements.
In this white paper, SparkCognition explains how it assisted an unnamed shipowner to analyse data from ships to understand condition and performance and predict when there could be potential failures.
SparkCognition highlights how failures are an all-too-common occurrence and that when they happen it can cost ship operators several thousands and sometimes millions of dollars to remedy, including repair costs and off-hire time.
It worked with an industry-leading ship operator to take a proactive approach to predicting failure in shipboard machinery using a network of sensors, data analytics and artificial intelligence (AI).
By improving the diagnostics and optimising the repair supply chain, the operator expected to reduce expenses and off-hire periods. The ship operator’s technical management team considered applying machine learning techniques to the volume of sensor data it had accrued over several years.
Sensor data was analysed using AI to predict when selected engineroom assets would fail. The ship operator wanted to identify failures that would cost more than US$100,000, or cause the vessels in the scope to lose time on the voyage.
This shipowner targeted critical shipboard assets on which they were already collecting data. SparkCognition was provided with historical data and tasked to predict failures at least two weeks in advance. It constructed predictive models using neural network autoencoders to differentiate between normal and abnormal behaviour. Its algorithms were able to pinpoint sources of failure and flag them up for remedial guidance.
Shipping companies need a remote monitoring and diagnostics solution that integrates data from all machinery and equipment on ships. Vessel operators are suffering from each system manufacturer offering their own remote monitoring services for ships.
Caterpillar thinks it has the solution to this dilemma. In this white paper, it goes through examples of how data analytics have been and can be used to create value for vessel owners and operators.
It highlights how analytics and connectivity are beginning to have a significant impact on the marine industry. Caterpillar lists the potential value that comes from data analytics as:
It estimates the combined value from better use of analytics across the marine industry is around US$20Bn and could increase to about US$50Bn by 2030.
In this white paper, Caterpillar focuses on value from using data analytics in the dredging industry, which it estimates to be between US$1Bn and US$1.5Bn. It uses experience from its marine asset intelligence division that has assisted vessel operators to predict and avoid equipment failures for more than 15 years.
Caterpillar said data analytics and the internet of things present an opportunity to increase profitability, provide greater customer value and create differentiation in the maritime market. Owners can be proactive by incorporating data analytics into their decision making and operations to become more competitive in an increasingly challenging market.
Unprecedented increases in data transparency enables the marine industry to track and benchmark performance across the fleet in real-time. With the introduction of the European Union’s Monitoring, Reporting, Verification (MRV) regulation, shipping has the opportunity to invest in digitalisation technology to improve efficiency and reduce the compliance reporting burden. Eniram said such insights provide a crucial competitive advantage by helping to reduce fuel use and increase efficiency and asset reliability.
Eniram said MRV regulation should not be viewed as a burden by shipowners. MRV was brought into force this year to monitor CO2 emissions from ships of more than 5,000 gt on voyages to, from and between EU ports. Owners are expected to report these emissions and have them verified by an approved third party.
From a technology standpoint, Eniram thinks it is the right time for owners to harness the significant benefits of digitalisation due to growth in network access, automated data collection, and smart analytics. Shipowners can use technology to find new ways to improve efficiency and lower costs in asset management, operations, commercial management and increase transparency of operations.
Reductions in CO2 emissions are enabled by digitalisation which also allows companies to improve their environmental credentials and better prepare themselves for future changes to environmental regulations.
It is time for the maritime industry to start enhancing cyber security to counter criminals and others constantly looking for new and more effective ways to exploit vulnerabilities and attack enterprise systems and networks.
Investment in digitalisation is enabling shipping companies to invest in data centres for analytics and diagnostics across their fleets. However, data centres can be vulnerable from hackers, foreign governments, hacktivists and cyber criminals if not well secured.
Datalink said shipping companies need to effectively address the cyber challenges many of them face using the latest in security technology. Its white paper examines some of the key challenges IT and security executives face as they look to bolster their cyber security programmes.
As organisations are transforming their data centres and introducing hybrid cloud infrastructures, Datalink thinks they need to proactively create a cyber security strategy that ﬁts with these technologies and IT delivery models. It offers best practice advice for building a security strategy that will prepare companies to protect their most valuable information assets as increasingly sophisticated threats loom.
• Protecting networks from online threats will be one of the key subjects discussed at this year’s Riviera Maritime Media’s European Maritime Cyber Risk Management Summit, in London on 15 June.
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