Sea Technology

DEC 2018

The industry's recognized authority for design, engineering and application of equipment and services in the global ocean community

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Page 7 of 52 December 2018 | ST 7 SEA TECHNOLOGY® I N C L U D I N G U N D E RS EA TEC H N O L O G Y The Industry's Recognized Authority for Design, Engineering and Application of Equipment and Services in the Global Ocean Community Charles H. Bussmann Founder and Publisher 1924-1999 publisher C. Amos Bussmann managing editor Aileen Torres-Bennett assistant editor/ Amelia Jaycen online news producer production manager Russell S. Conward assistant design/ Joshua Ortega website manager advertising Susan M. Ingle Owen service manager ADVERTISING REPRESENTATIVES: HEADQUARTERS C. Amos Bussmann 4600 N. Fairfax Dr., Suite 304 Arlington, VA 22203-1553 Tel: (703) 524-3136 • FAX: (703) 841-0852 NORTH AMERICA, EAST COAST Sue Ingle Owen Advertising Service Manager Tel: 703-524-3136 NORTH AMERICA, WEST COAST John Sabo Barbara Sabo Gregory Sabo John Sabo Associates 447 Herondo St. #305 Hermosa Beach, CA 90254 Tel: (310) 374-2301 EUROPE John Gold John F. Gold & Associates "Highview" 18a Aultone Way Sutton, Surrey, SM1 3LE, England Phone/FAX Nat'l: 020-8641-7717 Int'l: +44-20-8641-7717 Sea Technology back issues available on microform. Contact: NA Publishing, Inc. P.O. Box 998, Ann Arbor, MI 48106-0998 1-800-420-6272 COMPASS PUBLICATIONS, INC. 4600 N. Fairfax Dr., Suite 304 Arlington, VA 22203-1553 Tel: (703) 524-3136 FAX: (703) 841-0852 publishers of: Sea Technology Commercial Fisheries News Fish Farming News Commercial Marine Directory Fish Farmers Phone Book/Directory Sea Technology Buyers Guide/Directory Sea Tech e-News Celebrating more than 55 years of serving the global ocean community - Since 1963 - editorial Pekka Pakkanen, Development Director, NAPA Group IoT: Charting the Value Beyond the Hype M any of the same questions that were asked about coal-powered propul- sion are being asked of the Internet of Things (IoT) today: What's wrong with the traditional way; how will this benefit my fleet; why do we need to make this change? They're all good questions, and they show a very natural human interest in the three areas that should matter most in deciding whether to use any mari- time technology: safety, effectiveness and cost. The biggest challenges to IoT adoption have already been overcome. In large part, this is due to the ready availability of high-performance data col- lection. This is a bottleneck that has only been recently resolved, and there's still a lack of understanding in some quarters about the cost and availability of the tools required to achieve it. As I heard Hans Ottosen, CEO of Danelec Marine, say in July this year, "IoT installation is the simple part. For the basic IoT you'll use existing sensors, and sometimes you'll install additional ones, such as a flow meter, to get to the next level. But at the beginning, it's about connecting the pre-existing sensors, and that usually only takes about a day." It should be noted, however, that there's a substantial distance between the leaders and laggards at the imple- mentation stage. Value creation, whether it's improving business processes or introducing new services, can be accelerated by harnessing the power of data collected through IoT. Ships have a wealth of information available to them already, but much of it is fragmented or siloed. Almost none of it is entirely new, and most is immediately familiar to even an inexperienced mariner: engine data, charts and oceanographic information, meteorological updates, hydrodynamic per- formance, port data, traffic updates…the list is huge. The next step is trans- forming these disjointed sources into a holistic understanding of the ship and its performance and using that to improve operations. In my experience, the uptake is being driven mostly by owners' and operators' increasing awareness of what they've been missing out on. In the last few years there has been no shortage of challenges for shipown- ers and charterers. For many of them, it has been an ongoing battle to ensure their assets remain competitive, and with IoT they're now seeing measurable gains from optimizing route planning, fuel saving and performing mainte- nance when it makes sense and in a way that limits downtime and off-hire periods. We're still many years from a world in which all ships are connected and operators are aware of their circumstances 24/7. But the pace of technology development and adoption rate is accelerating so fast that I'm certain that within my lifetime we will see every ship connected. While that is not yet a fully realized scenario, we're already seeing IoT con- necting people in more relevant and valuable ways. It does this by delivering the right information to the right person or machine in time to turn data into actionable insights that measurably improve decision making and profitabili- ty. As just one example, our collaboration with Danelec Marine offers a com- prehensive turnkey IoT package that encompasses elements from onboard data collection to actionable ship and fleet performance analysis and delivers a truly integrated IoT experience to shipowners, operators and charterers. Like any successful voyage, the implementation of IoT will be a team effort between the owner, the charterer and the crew. The obstacles that once hin- dered implementing IoT in shipping have been overcome, and superconnect- ed assets will soon be the norm in our industry. ST

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