DNV & SDST Establish ‘Smart’ Shipping Platform

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DNV and Shandong Shipping Tanker Co. (SDST) have launched a new Joint Innovation Studio focused on decarbonisation and digitalisation technologies – kicking off with projects focused on emission trading, GHG management and fuel strategies.

Joint Innovation Studio

Co-managed by SDST and the DNV Maritime Smart Center, the Joint Innovation Studio will be based at SDST’s Qingdao headquarters.

In a statement issued, DNV said the Studio’s activities will kick off with a joint innovation project which will cover:

  • an analysis of business scenarios, key use cases, implementation processes, and the required support system, relating to the GHG management of SDST’s fleet and stakeholders across the value chain;
  • an emissions trading system (ETS) management module for SDST’s fleet technical and commercial operation systems;
  • a fuel strategy operational support module to enable a compliant and cost-effective transition to greener fuels for the SDST fleet;
  • the exploration and support of GHG co-management along the value chain, in cooperation with cargo owners, charterers, financiers, insurers, and other stakeholders.

Norbert Kray, Regional Manager Greater China at DNV Maritime, commented: ‘The complexity of the challenges facing our industry means that we need a new level of collaboration, over the long-term, that sets aside competitive instincts for a more sustainable future. DNV is proud to be working with future-focused partners like SDST because they recognise that we need to activate the entire value chain, act now, and work towards a new golden age of maritime innovation.’

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Source: DNV