MOL Joins Blue Visby Consortium

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A recent news article published in the MOL states that MOL Joins Blue Visby Consortium Utilizing Digital Technology to Reduce CO2 Emissions from Vessels.

Blue Visby Consortium

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced its participation in the “Blue Visby Consortium”, which aims to reduce greenhouse gas (GHG) emissions from vessels by developing a digital technology-based platform “Blue Visby Solution” (Note 1) to optimize vessels’ arrival times at their destinations.

Led by NAPA (Headquarters: Helsinki, Finland) (Note 2), a provider of software solutions related to ship design and safe & efficient operation, and Stephenson Harwood (Headquarters: London, U.K.), an international law firm, the consortium comprises over 15 organizations from industry, government, academia, and NGOs, NPOs, including Nippon Kaiji Kyokai, Lloyd’s, Marubeni Corporation (Note 3).

The “Blue Visby Solution” aims to optimize and distribute arrival times of groups of vessels heading for the same destination port. The optimal target arrival time is provided for each vessel while maintaining the scheduled arrival order, by analyzing the performance of each vessel, conditions such as congestion at the destination, and weather conditions. The consortium also aims to reduce CO2 emissions by recommending the optimum sailing speed of each vessel for maximum efficiency.

Prove of Concept process

Upon verification, enforced in the Prove of Concept process, the consortium expects an average 15% GHG emissions reduction. Hence such an innovative approach has great potential to contribute to MOL’s efforts to reduce GHG emissions and boost operational efficiency.

MOL Group sets mid- to long-term targets

The MOL Group sets mid- to long-term targets to reduce GHG emissions intensity in marine transport by approximately 45% by 2035 (i.e. versus 2019) and achieve net zero GHG emissions by 2050 through five initiatives including boosting operational efficiency in “MOL Group Environmental Vision 2.1.” (Fig.1). Through its participation in the consortium, MOL will support the demonstration and practical implementation of the “Blue Visby Solution” and contribute to the realization of a low – and decarbonized society.

(Note 1) Blue Visby Solution
A platform that optimizes vessel destination arrival times using digital technology.
For details, please refer to the following URL: https://www.bluevisby.com.

(Note 2) About NAPA
NAPA offers software solutions and data analytics services for safety and efficiency in ship design and operations. It has a strong presence in the fields of shipbuilding engineering, maritime technology, and information technology, and its software is widely used by shipyards, shipowners, designers, classification societies, laboratories, and related government agencies around the world. To date, NAPA has 420 user organizations for its design solutions, nearly 3,000 installations onboard vessels and a growing number of subscribers for its cloud-based fleet services. Headquartered in Finland, with a Japan branch in Kobe. Wholly owned subsidiary of Nippon Kaiji Kyokai (ClassNK). MOL has installed NAPA’s voyage risk monitoring system. (*) For more information, visit www.napa.fi.

(*) Related MOL press release: NAPA and MOL have rolled out digital Navigational Risk Monitoring Solution on over MOL’s 700+ ships

(Note 3) Consortium members
Please refer to the following for the full members:
https://bluevisby.com/the-consortium/

[MOL Group 5 Sustainability Issues]
MOL Group will contribute to realizing a sustainable society by promoting responses to sustainability issues, which are identified as social issues that must be addressed as priorities through its business.
We anticipate this initiative to contribute especially to the realization of “Environment -Conservation for Marine and global environment-” and “Innovation -Innovation for development in marine technology-“.

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Source: Platts

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