Sail Into Tomorrow: AI’s Game-Changing Impact On Ship Management


  • BSM integrates AI, expanding from voyage performance to a comprehensive ship management rating.
  • Columbia pioneers AI for bunkering, training, and route planning with applications like Bunker Link and Arriva 360.
  • Nautilus Labs prioritizes voyage optimization with Fleet Essentials and Voyage Optimizer, offering predictive analytics.
  • Prime Marine focuses on data-driven energy efficiency in the spot market and explores opportunities in ammonia and CO2 carriers.

The International Tanker Shipping & Trade conference, held in Athens in November 2023, shed light on the transformative role of AI in ship management, offering surprising applications for increased operational efficiency in the tanker industry.

Bernhard Schulte Shipmanagement’s AI Integration

Frank Paleokrassas, BSM’s head of data governance and analytics, shared insights into BSM’s innovative approach. They blended AI with an established analytical function to create cross-functionality. The system originated as a voyage performance rating and expanded to encompass maintenance, crewing, safety, financials, and more, providing a holistic ship management rating.

AI-Powered Solutions at Columbia Shipmanagement

Pankaj Sharma, Columbia Shipmanagement’s group director, highlighted their remarkable journey integrating AI and IoT. Initiatives include Bunker Link for bunkering optimization, Arriva 360 for virtual reality training and digital twins, and Columbia Route Link for AI-based route planning. Emission Link, a blockchain-backed service, addresses emissions compliance, and Engine Link offers comprehensive health assessments for critical components.

Voyage Optimization by Nautilus Labs

Beenie Jacobs, Nautilus Labs’ vice president, stressed the importance of voyage optimization. Fleet Essentials and Voyage Optimizer provide user-friendly dashboards, emissions reduction insights, and predictive analytics. The Green Charter initiative introduces machine learning to address inefficiencies and reduce fuel consumption.

Prime Marine’s Sustainability and Optimization

Stavros Niotis, Prime Marine’s chief sustainability officer, discussed their unique approach as a spot market-focused company. Using high-frequency sensors and data analysis tools, Prime Marine focuses on energy efficiency, emissions reduction, and informed decision-making. They are exploring opportunities in ammonia and CO2 carriers, as well as developing carbon capture and sequestration supply chains.

In the Q&A session, the use of ChatGPT to enhance superintendent reports sparked interest, emphasizing the need for quality language control. Questions also touched on real-time emissions feedback for EU ETS and valuable data points for optimizing cargo operations, showcasing the industry’s dynamic evolution toward AI-driven efficiency.

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Source: Riviera


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