NAVTOR cuts through FuelEU Maritime confusion with NavFleet

NAVTOR believes it has “simplified the complexity” of FuelEU Maritime with a major update to its NavFleet ship operations platform.

Released today, NavFleet 2.1 boasts the ability to automate extensive “well-to-wake” calculations, delivering a front-end user experience that is both easy to understand, and rich in regulatory and business insights. The solution, featuring enhanced visual upgrades and fully integrated digital logbooks, provides seamless data validation and verification. It empowers owners to accurately calculate penalty costs and generate comprehensive EU Statements that summarize compliance with CII, EU ETS, and FuelEU Maritime requirements, including penalties and balances.

It is, says NavFleet Product Manager Tor Håkon Svanes, “an intuitive, easy pathway” for achieving compliance under the new regulatory framework.

Setting standards

“We have been working exceptionally hard, so our customers don’t have to,” comments Svanes. “FuelEU Maritime is a complex regulation that demands the kind of calculations, and a wealth of data, that is completely new for the industry. It sets a standard for future regulations, creating transparency and accountability around GHG intensity and emissions, but also heralds a headache for owners and operators that aren’t prepared.

“The costs involved – for both non-compliance and errors in calculations – could be huge, and will get bigger as time progresses, so intelligent solutions that capture, utilise and quality check data are essential. NavFleet 2.1 is as intelligent as smart shipping gets.”

Automated advantages

The new solution does all the “heavy lifting” in the back end, presenting simple to understand insights on two main dashboards. These show fleet overviews, individual vessels, fuel consumption (both within and outside the EU), GHG intensity KPIs, emissions in relation to EU voyage statements, penalty costs, and much more, in addition to EU ETS information.

Compliance data is validated both automatically and by individual domain experts, for complete peace of mind, before being sent through the system to verifiers, such as DNV Veracity. Reports can be produced at the touch of a button, with detailed evidence to create understanding of GHG Intensity balance and penalty costs at the end of the voyage. This provides a vital tool for passing on penalty costs to charterers under FuelEU Maritime, in addition to the existing capability to allocate EU ETS allowance costs already in place.

Voyage of improvement

“We see this as the pill that cures those potential regulatory headaches,” Svanes states, “while also providing the understanding shipping companies need to evaluate compliance options – today and far into the future.”

Alongside the FuelEU Maritime innovations, NavFleet 2.1 provides the first seamless integration of digital logbooks, allowing onshore teams to access a wealth of real-time data and unlock further levels of monitoring, insight and optimisation right across fleets. Svanes calls it “a milestone of integration in NavFleet’s continual evolution.”

Further improvements include fresh notifications, enhanced vessel monitoring parameters, and a new style of visual presentation where fleet activity and data can be shown on an interactive globe. This can be used by management teams, but also as a “big screen” feature for offices, lobbies and reception areas to showcase global operations.

Continual evolution

“In totality, we see this release as a major step forward for ourselves, but also for onshore teams that want a new level of understanding, situational awareness and control,” Svanes concludes. “Next year will see us continue the evolution of NavFleet, refining it to meet industry demand and solve our customers’ most pressing fleet management pain points.”

NAVTOR, which is headquartered in Egersund, Norway, is the world’s leading smart shipping and maritime technology provider, with products and services on over 18,000 vessels. Alongside NavFleet, the team deliver planning and voyage platform NavStation, as well as a connected ecosystem of digital solutions.