ABS Simulation Simplifies Green Corridor Decisions

Key in advancing the hard-to-decarbonise shipping sector, Green Corridors are complex undertakings, involving the alignment of multiple stakeholders and a host of operational, technical, policy and regulatory considerations.

Commenting on the launch the new Green Shipping Corridor Simulation Service, ABS chairman, president and chief executive Christopher Wiernicki said, “Green shipping corridors will be at the heart of any successful movement to decarbonise our industry. But these initiatives require advanced analysis beginning at the pre-feasibility stage through the full lifecycle of corridor development.”

Explained Mr Wiernicki, “ABS’ simulation technology offers the fidelity of a digital twin, or digital sandbox if you prefer, shaping key decisions across the entire range of stakeholders by evaluating a range of transition path options and alternative future fuel scenarios to determine the best approach for a specific corridor. This includes macro-level corridor design issues with the stakeholder coalition and stakeholder-specific decisions by fuel suppliers, port authorities, terminal operations, vessel owners and operators, and cargo owners and shippers.”

Approach to Green Shipping Corridor Modeling and Optimization

Simultaneously with the launch of its new service, ABS released the publication, An Approach to Green Shipping Corridor Modeling and Optimization, which details two green shipping corridor case studies: the Singapore-Rotterdam container ship initiative and the Australia-Japan iron ore bulk carrier proposal.

“Computer-based modelling and simulation [are] the most effective methods to address system complexities, and ABS is leveraging our extensive capabilities in advanced optimisation and modelling to support clients and industry stakeholders to accurately evaluate the performance of potential green corridors,” said ABS vice president and head of the class society’s Global Simulation Center based in Singapore, Dr Gu Hai.

Riviera Maritime Media received an exclusive sneak peek of the ABS Green Shipping Corridor Simulation tools from Dr Gu Kai during a visit to Singapore in January.

The outcomes of the studies provide a common model for data-driven decision making. The model is capable of generating a broad range of rich data including fleet fuel mix, newbuilding and port investment needs, fuel demand and storage requirements at specific ports, and year-over-year fuel procurement for port bunkering stations.