The company is making available the software\u00a0Optimise (previously known as SimBunker)\u00a0to vessel owners and operators, to reduce bunker consumption by determining the optimal speed of each vessel using multiple data points, such as market rates, bunker prices, weather and individual vessel performance. <\/p>\n “This offers the twin benefit of reduced CO2<\/sub>\u00a0emissions and increased earnings,” ZeroNorth said.<\/p>\n<\/blockquote>\n \u201cThe tramp shipping industry is bound to be reshaped and become more sustainable \u2013 and ZeroNorth is being established with exactly this aim in mind. As an independent company, it will be able to accelerate its strategy of using digitalisation to reduce CO2<\/sub>\u00a0emissions to the benefit of the industry as a whole,\u201d <\/em>says Christian M. Ingerslev<\/strong>, Chairman of the Board at ZeroNorth and CEO at Maersk Tankers.<\/p>\n ZeroNorth currently has six customers and more than 300 vessels using\u00a0Optimise. The company believes the potential exists to become an industry-wide platform for the global tanker and dry bulk fleet, which consists of more than 33,000 vessels.\u00a0Optimise\u00a0has been used by Maersk Tankers\u2019 fleet since June 2019. In the first year of its use, it generated savings of $8 million.<\/p>\n \u201cSlashing CO2<\/sub>\u00a0emissions at the same time as making a positive impact on the bottom line is key to the industry\u2019s future prosperity,\u201d s<\/em>ays S\u00f8ren C. Meyer<\/strong>, CEO of ZeroNorth. <\/p>\n \u201cWe are going to market with a profound understanding of owners and operators\u2019 needs, stemming from our 90 years of shipping heritage, which we are combining with the expertise of a technology start-up. If the global fleet adopts our software, we see the potential to cut 50 million metric tonnes of CO2<\/sub>\u00a0emissions and increase the industry\u2019s revenue by $12 billion over the next five years.\u201d<\/em><\/p>\n The company employs 38 employees with backgrounds in mathematical modelling, software engineering, data science, data engineering and shipping. It is looking to increase the company\u2019s size to up to 100 employees in the coming years and will develop more software products over time.<\/p>\n Currently, Maersk Tankers owns ZeroNorth, but it is looking to attract strategic investors from the tramp shipping industry to develop the company and its products.<\/p>\n The post Maersk Tankers launches digital spin-off ZeroNorth<\/a> appeared first on Offshore Energy<\/a>.<\/p>\n world maritime news<\/p>\n","protected":false},"excerpt":{"rendered":" A new digital company named ZeroNorth, a spin-off from Maersk Tankers, has been established, aiming to accelerate digitalization of shipping to address CO2 emissions and boost earnings. The company is making available the software\u00a0Optimise (previously known as SimBunker)\u00a0to vessel owners and operators, to reduce bunker consumption by determining the optimal speed of each vessel using …<\/p>\n","protected":false},"author":1,"featured_media":11893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[1678,1586,93,7817,198,7818],"class_list":["post-11892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-digital","tag-launches","tag-maersk","tag-spinoff","tag-tankers","tag-zeronorth"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/11892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=11892"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/11892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/11893"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=11892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=11892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=11892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/cdn.offshorewind.biz\/file\/sites\/6\/2020\/06\/18151915\/Maersk_Tankers.png\")
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