BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Bunker savings drive demand for next-gen weather data: Tidetech

More requests for high-res data where tides can have a bigger impact on fuel use, says Australian firm.



Tidetech promotional material. Image credit: Tidetech


Updated on 01 Feb 2018 17:18 GMT

Metocean data provider Tidetech reports that owners are increasingly requesting high-resolution data for regional trading patterns and coastal waters where tides and currents can have a greater impact on bunker consumption than on an ocean voyage.

According to Tidetech, the renewed take-up of interest in weather routeing is being driven by a combination of related factors. A combination of EU MRV, the 2020 sulphur cap and IMO DCS regulations means owners are seeking cost-efficient ways to save fuel, lower emissions and improve schedule performance on existing vessels.

"There is a long-standing misconception that weather services can only have a benefit when sailing in blue water and that once ships are in coastal waters or traffic separation schemes that this part of the voyage cannot be optimised," explained Tidetech founder and managing director Penny Haire.

"We have proven definitively that there are more potential cost savings from optimising against currents in UK coastal and Northern European waters than there are across the whole North Atlantic and customers are already taking advantage of this in speed optimisation and performance analysis."

Tidetech claims to be the only provider high resolution modelling of coastal tides and currents, including in critical locations such as the Malacca Strait and English Channel and also delivers combined ocean current and tide data on a global basis.

The trend is being pushed along by the exponential growth in competitively priced satellite bandwidth and by the greater use of fleet management systems that can combine layers of information to display a complete operation on a single dashboard, Tidetech says.

"For owners and operators, better data and information can feed directly into enhanced fleet and voyage management, whether this is driven by compliance or commercial reasons," remarked Haire. "Not limiting one's thinking to the idea that voyage optimisation is only about deepsea shipping also means there are completely new classes of vessel that could benefit, including coastal and short sea vessels, ferries, workboats and OSVs."

Using enterprise-grade cloud-based servers means Tidetech can generate tidal models in minutes which would have previously taken a day on a supercomputer and deliver group files for ingestion into onboard systems with minimal satellite bandwidth consumption.






Related Links:

Australia

Latest News:

KC LNG unveils 'game-changer' Y-piece that slashes bunker delivery times
Maersk COO explains unit cost at fixed bunker price, outlines fuel efficiency plan
Brent remains near $80
Oil and fuel oil hedging market update
MAN Diesel & Turbo joins SEA\LNG
Crew member files lawsuit against Vane Line Bunkering
GoodFuels secures funding from Dutch investment firm
Maersk Ocean profit impacted by higher bunker costs... which surge to almost $1.2bn
Oil and fuel oil hedging market update
Oil at three-and-a-half-year high on inventory deviations, geopolitical uncertainty
KPI Bridge Oil announces Group Marketing Manager promotion
Praxis looking to hire bunker trader in Singapore




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events