Pythia Light: A collaborative pathway towards decarbonizing Shipping operations through AI-voyage optimisation

Project facts

Project promoter:
DeepSea Technologies M.I.K.E(GR)
Project Number:
GR-INNOVATION-0038
Status:
In implementation
Initial project cost:
€375,841
Donor Project Partners:
G2 OCEAN AS(NO)
SINTEF AS(NO)

Description

The R&D project consists in the development of an innovative AI driven software solution to optimise vessels’ voyages for bulk carriers, based on low-frequency vessel data to decrease fuel consumption and emissions. It will comprise of a cloud software platform relating to voyage optimisation, by way of suggested voyage routes taking into consideration weather forecasts, the vessel''s specifications, and the results of artificial intelligence algorithms and accepting low-frequency data (noon- reports generated by the vessel''s crew and AIS data) utilising it to provide optimised voyage planning, as well as voyage monitoring and post voyage reporting. The project aims to make tangible steps towards the ambitious decarbonization goals set for the shipping industry. The promoter will collaborate with 2 partners from Norway, one research institute (SINTEF) and one commercial partner (G2Ocean), in order to bring to the market a well-rounded and tested product, ready for adoption. The project will lead to an increase in the profitability of the company, as well as contribute to obtaining a distinct competitive advantage.

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.