Interview: Shipping Firms Wasting Money on Paper in Digitalization Era(marine crane manufacturer;offshore crane manufacturer)

- Nov 19, 2018-

DigitalizationThe sheer volume of data that is potentially available can be overwhelming and companies from shipping, as well as many other sectors, are still working out how to really seize the full potential of everything digitalization can offer.

An analysis of shipping companies’ purchasing habits has identified that shipowners are very far from realizing many of the benefits of digital technology and Big Data. In the majority of cases, the potential savings remained untouched, Hayley van Leeuwen, Head of Product, Global Navigation Solutions, said in an interview with World Maritime News.

“This is because shipping companies are still buying charts and publications in the way they did before digital navigation. In other words, vessels are carrying large numbers of both paper and electronic navigational charts (ENC) and digital publications on board just in case they may need them.

“Buying just-in-case in this way involves wasting lots of money on large numbers of digital charts and publications that vessels never actually use.”

Van Leeuwen explained that this is despite charts and publications being easily accessed via permit keys that can be emailed to ships within 10 minutes and the widespread availability of pay as you sail (PAYS) services that provide always-on access to charts.

“As a result, inefficiencies, which equate to many thousands of wasted dollars every year, are commonplace and there is a massive opportunity for shipping companies to generate significant savings simply by using our tools to help them buy the right products for each voyage and avoid overspending.”

The company created Voyager FLEET INSIGHT, as a completely transparent and efficient way for marine, HSEQ and purchasing managers to manage navigation compliance and cost online.

GNS explained that the company first started collecting AIS and other data like port state control histories for SOLAS vessels in 2015. Since then they have captured over 1.2 billion AIS positions for 75,000 vessels above 400 GRT and have been using that data to identify which navigational products are needed aboard vessels.

“It was through this data that we were able to see just how many shipping companies were overspending,” van Leeuwen said, adding that this drove GNS to get out in the market and show how this data could make a massive difference to what is purchased and how much is spent.(marine crane manufacturer;offshore crane manufacturer)

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