Precision unlocks optimisation; achieving 99% accurate vessel performance models with EPS
2 days ago
1 min read
Optimisation can drive a huge, rapid impact in shipping companies. Most operators can decrease fuel consumption by at least 10% through operational optimisation alone. But this can't be done without a hyper-accurate understanding of how each vessel behaves.
The key to successful optimisation
Following a transformative 6-month project with Eastern Pacific Shipping (EPS) we're pleased to announce a new 'gold standard' for vessel behaviour modelling, having delivered weekly fuel consumption forecasts accurate to within 1% through our Cassandra platform.
This high-definition insight will support EPS' teams across the business: improving vessel operations and maintenance scheduling, and enabling chartering teams to provide more reliable speed and consumption warranties to customers across their 300-vessel fleet.
Read the case study to understand:
How your organisation can achieve this level of accuracy
The impact on EPS' organisation
What "model accuracy" really means, and how it's measured