Tanker company Euronav has integrated Theyr’s T-VOS optimisation engine to its Fleet Automatic Statistics and Tracking (FAST) platform as part of an extended collaboration between the companies.
The integration of this optimisation engine tool together with improved and continuous updated dynamic performance models of the vessels will enable Euronav to optimise routing and improve sea passage time and fuel consumption across its fleet of vessels.
“Our FAST platform provides us with unique insights and opportunities to realise our commitments expressed in our decarbonisation strategy and to our shareholders. The integration of this API optimises and strengthens the collaboration between ship and shore and ensures that all parties involved work with one and the same source of truth around weather routing and voyage optimisation. Moreover, Theyr’s T-VOS engine actively contributes to the realisation of our decarbonisation targets,” said Patrick Declerk, operations manager at Euronav.
T-VOSTM, Theyr’s multi-objective voyage optimisation engine, optimises fuel consumption, time charter equivalent (TCE), just-in-time and best time arrivals, fixed speed and RPM. By integrating with Euronav’s FAST platform, T-VOSTM will help Euronav to improve efficiency and flexibility to meet increasing emissions regulations while enabling significant cost savings.
“Euronav is a recognised technology leader within the industry, and we are excited to be part of their journey to further establish and compound their sustainable objectives across their fleet,” said David Young, managing director, Theyr.
