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            march 25, 2019

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MOL chooses Finlands's NAPA performance monitoring and analysis


Finland's NAPA, the leading maritime software, services and data analysis provider has announced that it has signed an agreement with MOL (Mitsui OSK Lines Ltd) to provide performance analysis and reporting for 80 of MOL's time-chartered bulk carriers with NAPA Fleet Intelligence, according to Shipping Gazette.
NAPA Fleet Intelligence combines NAPA's naval architectural expertise and proprietary data modelling with open source data and MOL's own reports to produce industry-leading analytics and actionable insights with zero onboard installation.
Through its use of NAPA Fleet Intelligence, MOL will receive fleet-wide hull performance analysis, voyage-by-voyage performance reports, and voyage planning that's entirely cloud-based.
This will allow MOL to further enhance its business efficiency by planning its fleet operations with better understanding of individual ship performance, more accurate fuel consumption estimates, and greater clarity on arrival times and voyage duration.
NAPA's voyage reporting software is the first to use the data from noon-reports as well as remote analytics to precisely categorise fuel use into individual categories such as calm sea consumption. It can also identify the causes of increased fuel use, including environmental effects such as hull fouling.
The noon-reports are further combined with remote-sensed data such as AIS, chart data and environmental data. This is processed through algorithms and hydrodynamic calculations.
Said MOL managing executive officer Toshiaki Tanaka: "NAPA Fleet Intelligence provides us with the tools we need to accurately assess the technical and commercial performance of our fleet to a level of detail that was previously unattainable for chartered ships."
Said NAPA vice president Naoki Mizutani: "With current freight rates where they are, NAPA's Fleet Intelligence provides charterers with the opportunity to evaluate their fleet, fuel use, and prospective voyage routes and their relative profitability in a single platform with no disruption, or additional costs caused by sensor installations."
NAPA operates from 11 offices across Asia, Europe and the Americas supported by its Helsinki headquarters. To date, NAPA has over 400 user organisations for its design solutions and over 2,500 installations onboard vessels.

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