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How is connectivity and data exchange infrastructure supporting maritime decarbonisation?

Matt Stevens by Matt Stevens
September 21, 2023
in Free Content
0
How is connectivity and data exchange infrastructure supporting maritime decarbonisation?

Connectivity and data exchange infrastructure play a pivotal role in driving maritime decarbonisation efforts. In an era of digital transformation, satellite communications have become the linchpin, enabling a slew of innovative technologies that translate into tangible reductions in emissions. From optimising voyage routes to streamlining trade documentation and cargo management, robust and high-performance connectivity serves as the essential conduit for maritime enterprises to embark on a journey towards greener energy practices.

Connected digital technologies are a vital component in maritime decarbonisation. Providing the connective tissue between ship and shore, satellite communications have catalysed a wave of new technologies which are delivering tangible emission reductions. From voyage optimisation, to addressing efficiencies in trade documentation and cargo management, reliable and high performance connectivity secures the highway for maritime businesses to reach new heights in their energy transition.

In March 2023, ZeroNorth founder and CEO, Søren Christian Meyer, released details of the emissions savings made by the company’s customers throughout 2022. The ZeroNorth platform successfully prevented the release of 443,780 tonnes of CO2 into the atmosphere.

According to Meyer, if the industry fails to take action on decarbonisation, it will “be responsible for 11% of global emissions by 2050.” The company believes that data driven strategies can be very impactful, contributing up to 20% of the overall reductions needed to reach net zero. As Thetius highlighted in the 2022 Optimal Route Report, digital optimisation-based strategies deliver outsized returns for the magnitude of expenditure and greater connectivity and digital data processing creates margin gains too. That analysis found that profitability increases of between 4 and 17% have been demonstrated in trials, and uplifts of up to 50% are predicted in some cases.

The ZeroNorth platform brings together vast amounts of data and converts it into actionable insights aimed at reducing emissions and improving margins. According to Splash247, Meyer told Maritime CEO, “Just by cutting down the ‘inefficiency headroom’ in how the industry currently operates, and by connecting and more closely integrating the global trade ecosystem, we can cut fuel bills by a fifth in the near term.”

In the quest for maritime decarbonisation, the power of connected digital technologies cannot be overstated. As evidenced by the impressive emissions savings achieved by platforms like ZeroNorth, data-driven strategies are proving to be a potent force in the industry’s sustainability drive. The maritime sector stands at a critical juncture, with the potential to make significant contributions to global emissions reductions. With enhanced connectivity and digital data processing, not only can emissions be curbed, but profitability can also experience substantial growth. The path to a more sustainable maritime future is undeniably intertwined with the transformative capabilities of connectivity and data exchange infrastructure.

This article is an extract from the Thetius Decarbonisation Toolkit, commissioned by Inmarsat. To read the full 35+ page report, fill in the form below.

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