Big data technology predicts realized vessel performance over five years

International Marine Coatings has published a new whitepaper which reveals the high degree of accuracy of its predictive Intertrac® Vision tool to real life vessel operations by correlating to the speed loss of a globally trading VLCC vessel over a five-year docking period, in line with the principles of the ISO 19030 standard.

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International used the forecasting tool to project a 1.4 percent speed loss over a 60-month in-service period which proved to be in line with actual vessel performance, notes a press release from the company.

In effect demonstrating that use of the tool through close partnership with International® can raise the certainty on vessel performance and provide greater confidence on economic and sustainable value achieved through the operational cycle - which is a key challenge for the industry whilst regulations are driving higher efficiency.

This was also highlighted by the vessel in the example case maintaining a Carbon Intensity Indicator (CII) 'A' grade rating throughout the study which resulted in the customer achieving both performance and decarbonization objectives.