Why Is Vessel Performance Monitoring Crucial for Shipping Companies? Aug 2nd, 2021

Why Is Vessel Performance Monitoring Crucial for Shipping Companies?

Do you know that maritime transport causes a total of 4% of global man-made carbon emissions? The International Maritime Organization is determined to cut this whooping high amount of emission. There will be several changes in the maritime industry and cutting the emission amount is surely one of those. It is going to be a challenging task as it requires radical alterations. Right from the ship design to the way the maritime industry operates, there are changes going to be in all spheres.

Shipping Companies and Performance Monitoring: What is the Catch?

Let us ask ourselves a question, is there a way that shipping companies can cut down on the amount of emission? While a lot of people would argue to say no but here is the catch. Shipping companies can help in reducing the amount of air emission for a vessel, a ship, or even a fleet. You may ask how. The answer is Performance Monitoring.
With the help of performance monitoring data, shipowners and shipping companies can predict factors that can help in saving a lot of capital. With performance monitoring of a vessel, i.e. the ship condition assessment, the shipping companies can: 

  • Predicting maintenance costs
  • Turnaround time
  • Optimize the Fuel Consumption
  • Plot Shortest Route between Ports
  • Not only is vessel performance monitoring beneficial for the shipping companies it is also beneficial for the captain. It helps them to know how to optimize the vessel.

Can Shipping Companies Monitor Vessel Performance?

While this is extremely essential for shipping companies, extracting this data can be a little tricky and complex on its own. Gathering all the information and analyzing it is not something that a non-professional should or can do.
Accurate and regular monitoring of the ship, vessel, or fleet is imperative for ship owners and the only way one can be sure of the accuracy of this data is through an independent and professional maritime company. With the help of an impeccable maritime company catering to shipping companies, performance monitoring or ship condition assessment can become convenient.

Performance monitoring includes collecting data, analyzing it, and reporting it to the relevant stakeholders. The amalgamation of this information is utilized by owners, operators, and crew members for distinct purposes.

With the fleet-wide analysis, the shipping company is provided comparative performance indicators which gives them the information which helps them to determine whether the vessel has been used in a better way or not.
This is completely a framework for experts. It is with the help of marine inspectors, analysts, and chief engineers, that this task can be fulfilled. At Sinotech Marine, we undertake it all. With the help of our diligent professionals and maritime experts, we cover performance monitoring thoroughly.

We are currently serving over 75 countries in the world and have a base of over 300+ Ship Inspectors, Naval architects, superintendents with backgrounds of Chief engineers, and Master Mariner who are just the right fit for the distinct requirements of shipping companies. With regular coordination and ethical procedures, we are among the most trusted partners for shipping Clients across the globe.

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