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Star and Eagle Bulk enhance voyage optimisation capabilities with Sofar

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Sofar Ocean has announced that Star Bulk and Eagle Bulk, two of the largest and best performing dry bulk carriers in the world, will use its Wayfinder platform to optimise voyages and reduce emissions across their fleets.

Star and Eagle Bulk enhance voyage optimisation capabilities with Sofar

Both shipowners have chosen to partner with Sofar after a comprehensive technical evaluation of multiple competitive products, identifying Wayfinder’s weather forecasts, AdaptiveVPM™, and continuously optimised voyage guidance as key differentiators.

Wayfinder customers, and others across the maritime shipping industry, are more eager than ever to operationalise strategies that drive decarbonisation in the immediate term. This sense of urgency is in part driven by new regulations issued by the International Maritime Organization – namely, the Carbon Intensity Indicator (CII) – that aim to decrease the shipping industry’s emissions by as much as 70% by 2050.

Star Bulk and Eagle Bulk are long-standing proponents of voyage optimisation as a strategy to reduce emissions today. This is characteristic of each carrier’s forward-thinking approach to operationalising sustainability practices. Both companies are established leaders within the maritime shipping industry and have put emissions reductions at the core of their Environmental, Social, and Governance (ESG) roadmaps.

Wayfinder will catalyse Star Bulk and Eagle Bulk’s efforts by continuously searching for the most efficient route for all of their vessels using the platform. An optimised route can decrease a vessel’s exposure to inclement weather, reduce its fuel consumption, and lower its emissions output. Wayfinder customers see an average of 3 – 5% fuel and time savings per voyage and annual fleetwide emissions reductions of tens of thousands of metric tonnes of CO2.

George Mantalos, Energy Efficiency Director at Star Bulk, comments:

“Star Bulk has been focusing on voyage optimisation for several years to minimise our costs and reduce emissions, and we are always on the look-out for new products that use advanced technologies.

“What we like about Sofar’s services is that they use a large network of ocean weather sensors to improve the accuracy of weather forecasting. We expect that this should allow us to further optimise our fleet’s routes and speeds.”

Jonathan Dowsett, Director of Fleet Performance at Eagle Bulk, comments:

“Eagle Bulk has a track record for leveraging data to make the best decisions. Sofar Ocean’s real-time sensor-derived ocean data allows our onboard and shoreside teams to dynamically optimise speed and routing decisions with safety, cost, and emissions benefits.”

Tim Janssen, Sofar Ocean co-founder and CEO, comments:

“For this massive sector of the world economy to decarbonise, shipping companies will need access to reliable ocean information. This is our focus at Sofar Ocean. We collect ocean data at a planetary scale and use it to produce the most accurate weather forecasts to catalyse maritime solutions that preserve ocean health. Our partnerships with Star Bulk and Eagle Bulk further this mission and we look forward to empowering them, and the shipping industry at-large, to reduce emissions using our Wayfinder platform.”

Read the article online at: https://www.drybulkmagazine.com/environment-sustainability/19042023/star-and-eagle-bulk-enhance-voyage-optimisation-capabilities-with-sofar/

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Dry cargo shipping news Decarbonisation news