04 October 2024
AI technology to measure and reduce the carbon footprint of vessels
The Montreal Port Authority (MPA) and Global Spatial Technology Solutions (GSTS), announced the launch of a new project to measure and reduce the carbon footprint of vessels using artificial intelligence – AI technology.
The Green Shipping Corridor capability enables vessels to establish an initially low and ultimately zero-carbon emissions route while matching their arrival with berth availability and maintaining compliance.
Table of Contents
Concept
The Montreal Port Authority (MPA) and Global Spatial Technology Solutions (GSTS), a company that specializes in applying artificial intelligence (AI) to shipping, announced the launch of a new project to measure and reduce the carbon footprint of vessels using the Port of Montreal that makes the most of artificial intelligence.
The Green Shipping Corridor capability enables vessels to establish an initially low and ultimately zero-carbon emissions route while matching their arrival with berth availability and maintaining compliance.
AI Technology
Based on the OCIANATM modular platform, the project provides real-time data on the route, speed, and position of vessels heading to Montreal. These data are then analyzed to obtain an accurate estimate of a vessel’s arrival time and adjust its route to coordinate with the availability of berths in the Port of Montreal.
This makes it possible for ships to optimize their sailing speed, which in turn reduces fuel consumption and GHG emissions, shortens the anchoring time before docking, and benefits operational planning and optimization. Moreover, supports decision-making related to the safe and efficient movement of people and goods on all of the world’s waterways.
Ultimately, the digital corridor concept will enable accurate, real-time communication between ports, terminal operators, and ocean carriers. As a result, it will improve operational efficiency and decrease GHG emissions.
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The maritime industry will expectedly invest $931 million in artificial intelligence (AI) solutions in 2022. This is according to a recent report, published by Lloyd’s Register in cooperation with Thetius.
Ship Nerd
Views from the Companies
“The Port of Montreal came to the table with a commitment to cut emissions and optimize efficiency for all vessels calling at Montreal. We have worked with GSTS to ensure that the capabilities they are developing meet the needs and objectives of ports and shipping lines,”
“We look forward to continuing our relationship with GSTS to showcase their innovations in the shipping sector, as we continue to drive innovative and environmental initiatives at the Port.”
Martin Imbleau, MPA President and Chief Executive Officer
“We are extremely pleased to be working with the Montreal Port Authority on this initiative. As an original OCIANATM consortium member, MPA has proven to be a leader in Innovation and Environmental stewardship. OCIANATM has been designed collaboratively with ports, shipping lines, and terminal operators to improve efficiency, minimize risk and reduce emissions on a global scale”.
“This proprietary capability will enhance end-to-end logistics management and enable the optimization of goods delivered by sea, which accounts for 90% of global trade.”
Richard Kolacz, GSTS CEO
Source: MPA
See Also
The Hong Kong-based blockchain platform Global Shipping Business Network (GSBN) has collaborated with COSCO, Orient Overseas Container Line (OOCL), and the Shanghai Research Institute of Chemical Industry Testing (SICIT) to improve the safe transportation of chemical cargoes, including lithium batteries.
Together, the four Chinese companies have leveraged blockchain technology to achieve an industry-first proof-of-concept that helps enhance transportation safety in the shipping industry. This breakthrough comes at a time when container shipping has been hit hard by a series of accidents relating to the carriage of hazardous chemical cargo.
Blockchain Tech for Safe Chemical Cargo Transport
GSBN partners with Chinese companies to enhance the transportation of chemical cargo safety using blockchain technology.