Swedish ship management company Marinvest has signed a contract with Kongsberg Digital to roll out Vessel Insight to optimise performance and reduce emissions on five of its 10 oil and chemical tankers. The installations have already commenced.

Marinvest have been using Kongsberg Maritime’s Autochief 600 propulsion control system for five years, leveraging its Fuel and Speed Pilot functions to aid fuel and speed optimisation. Vessel Insight will work in tandem with the Fuel and Speed Pilot applications to facilitate vessel performance optimisation by measuring emissions that are not currently monitored. This integrated approach is expected to deliver significant savings, in addition to giving Marinvest a common infrastructure for all critical data signals and making them ‘digital-ready’ for integration with future software applications.

Vessel Insight provides vessel-to-cloud data infrastructure, capturing and aggregating quality data in a cost effective and secure way for vessels and fleets. By providing instant and easy access to critical data from all data points on a vessel through one common infrastructure, the service reduces the complexity of data gathering from ships. Issues presented by having several vendor systems onboard, such as price and lack of data for contextualisation to gain optimal insight into processes, is thereby eliminated. In addition, Vessel Insight subscribers gain access to the Kognifai Marketplace, where they can download top-ranked software applications, already integrated with Vessel Insight.

“As the importance of cutting emissions and fuel consumption increases, we are happy to see that so many shipowners realise that digital transformation is a pathway to achieve this goal and to meet international standards put forward by the IMO. Our team will cooperate with Marinvest to implement the latest software technology available, ensuring that they remain in the competitive vanguard towards 2023, 2030 and beyond,” said Andreas Jagtøyen, EVP of Digital Ocean, Kongsberg Digital.

“To have intimate knowledge of the performance of our ships, over a wide range of speeds and conditions, lays a solid foundation for efficient day to day operations,” commented Fredrik Stubner, director ship management, Marinvest. “Marinvest has in the past conducted several speed and consumption related projects which has resulted in our fleet consistently improving and staying competitive, irrespective of market conditions and bunker prices. We believe that our new agreement with KONGSBERG will help us further improve our performance, and we look forward to this collaboration.”

The contract between Kongsberg Digital and Marinvest was signed on February 10, 2021, and Vessel Insight is expected to be installed on all five vessels by September 2021.