05 December 2023
METIS Cyberspace Technology and DTN collaborate to integrate Vessel Routing API into Augmented Routing Optimization for weather-optimized routing decisions, AI-based analytics, and ship performance gains.
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METIS Cyberspace Technology has signed a formal agreement with global data, analytics, and technology company DTN, to integrate its Vessel Routing API into METIS Augmented Routing Optimization, in a new demonstration of the way weather-enhanced decision-making and AI-based analytics deliver measurable gains to ship performance.
Augmented Routing Optimization by METIS integrates weather routing into AI-based voyage analytics and is changing what is possible in ship performance.
Weather plays a critical role in maritime operations, with unexpected weather events contributing significantly to disruptions in shipping schedules, loss of cargo, and in some cases, loss of life. To mitigate these risks, weather-optimized routing helps find the most efficient route available to plan and maintain safe navigation. Instead of aiming to avoid adverse weather entirely, METIS Augmented Routing Optimization, and DTN Vessel Routing API continuously optimize for speed, cost, fuel consumption, and emissions, based on the unique characteristics and specifications of individual ships and their cargoes.
Real-Time Analysis & Optimization of Ship Performance
The integration of weather-optimized decisions with Augmented Routing Optimization delivers a comprehensive analysis of ship performance in real-time, so that vessels can respond to the needs of ETA, contracted speeds, bunker consumption, or emissions reporting. Onshore, managers can calculate and recalculate routes to optimize schedules, propose route adjustments, and better evaluate voyage performance against charter party expectations. This comprehensive analysis of ship performance allows for weather-informed routing decisions that optimize vessel performance and reduce risk.
METIS’ AI-powered analytics cover not only the efficiency of the ship but its changing operating environment, and routing optimization can adapt to conditions and relationships between different performance parameters. Including all variables in a single interface to choose the ‘best route’ is highly beneficial to ship safety, efficiency, and emissions.
Formalizing the Agreement
“Formalizing the agreement with DTN is highly significant because integrating weather-optimized routing functionality with Augmented Routing Optimization changes what is achievable for ship performance. Just as METIS analytics optimize performance for machinery, hull fouling and damages, maintenance and repairs, fuel oil and crew skills on each and every vessel, Augmented Routing Optimization can now adapt to weather conditions.”Andreas Symeonidis, Marketing & Partner Relations Manager, METIS Cyberspace Technology
“Rather than simply avoiding ‘unwanted weather’ in a generalized way, this integration of weather-optimized routing from DTN means Augmented Routing Optimization helps ensure the safety of the ship, its crew, and its cargo while simultaneously basing routing decisions on optimized performance.”Eleni Polychronopoulou, CEO, METIS Cyberspace Technology
The Importance of Digital Transformation in the Maritime Industry
The COVID-19 pandemic has highlighted the need for digital transformation in the maritime industry. The adoption of digital solutions, including AI-powered analytics, and weather-optimized routing systems, has become more critical than ever before. Digital solutions improve operational efficiency, enhance decision-making, and provide real-time actionable insights to optimize vessel performance, reduce costs, and increase profitability.
The maritime industry has traditionally been slow to adopt new technologies, but this is changing rapidly. As technology continues to evolve, there are more opportunities than ever for companies to embrace digital transformation and gain a competitive advantage. Integrating advanced analytics and weather-optimized routing systems can help companies achieve these goals and provide safer and more efficient shipping.
In conclusion, the integration of weather-optimized routing with Augmented Routing Optimization is a significant step forward for the maritime industry. By leveraging AI-powered analytics and weather data, shipping companies can optimize vessel performance, reduce risk, and improve safety. As the industry continues to adopt digital solutions, weather-optimized routing systems, and AI-powered analytics will become increasingly important for companies looking to gain a competitive edge.
The maritime industry will expectedly invest $931 million in artificial intelligence (AI) solutions in 2022. This according to a recent report, published by Lloyd’s Register in cooperation with Thetius.