Advanced data management is key to optimising fuel consumption
Extracting accurate insights from data is fundamental to enhancing decision-making in the shipping industry. Doing so effectively enables operators and charterers to optimize fuel consumption by adjusting operational factors such as speed and trim to reflect different voyage conditions in real time. However, as beneficial and accurate as complete data sets and advanced modelling can be, the reverse also holds true, patchy data sets or inaccurate models can result in sub-optimal decisions.
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