Midstream Optimization
[wtm_use_case_cats]
Advanced analytics is increasingly being used to improve shipping performance by predicting the propulsion power that enhances the performances of ships and lowers greenhouse gas emissions.
Benefits for the company
Improve the Shipping performance and operational efficiency.
Feasability
High
Type of expertise/ AI domain
eXtreme Gradient Boosting(XGBoost) and Multi- Layer Perceptron(MLP), Neural Networks
Internal data required
Propulsion power data, shipping data, etc.
Anagnostopoulos, conducted a research to apply Big Data analytics in order to improve the shipping performance. The data gathered for this study were collected over period of three months from the sensors throughout a LCTC (Large Car Truck Carrier) M/V.