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Veritas Petroleum Services and DNV GL kick off development of new ECO Insight module

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ECO Insight - Torsten Bussow
Dr. Torsten Büssow, Head of Fleet Performance Management at DNV GL – Maritime
Veritas Petroleum Services (VPS) and DNV GL signed a cooperation agreement to develop a new module for DNV GL’s ECO Insight fleet performance management solution at the Nor-Shipping trade fair recently. By tapping into the world’s largest fuel sampling database, this module will allow owners, operators and managers to determine how fuel quality can result in performance differences between similar vessels.
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“Fuel quality is a factor which is often overlooked in performance management, but it can have a significant impact. We recommend carrying out lab tests on bunkered fuel,” explains Bjørn Olav Odland of VPS Nordic Countries. “Together with DNV GL we can now tap into the wealth of data generated by these tests and make it available to customers aiming to improve their fleet’s performance.”

“DNV GL and VPS have started to work on the design of the new module in January, the second half of 2015 will be used to implement it into ECO Insight. Our web-based portal structures this vast amount of data, which would normally be difficult for individual owners and operators to analyse – enabling them to make more informed business decisions,” says Dr. Torsten Büssow, DNV GL’s Head of Fleet Performance Management.

DNV GL’s performance management portal ECO Insight provides a comprehensive and easily accessible way to manage the performance of a fleet, including voyage, hull & propeller, engine & systems performance. It enriches customers’ own fleet reports with industry data, such as Automatic Identification System (AIS) or satellite weather and provides unique benchmarking capabilities. Advanced engineering methods, for example hull fouling prediction based on computational fluid dynamics (CFD), are also included in the portal. In addition, the Navigator Insight software carries out smart plausibility checks against specific vessel particulars to examine ensure the quality of the data collected onboard. By adding more valuable industry data such as fuel sampling data from VPS to ECO Insight, shipping companies have the opportunity to use yet another performance indicator to evaluate improvement options for their fleet.

About Veritas Petroleum Services

Since its inception in 1981, Veritas Petroleum Services (VPS) has been a leader in fuel testing and bunker quantity surveys, raising the bar and setting standards for marine fuel management. Businesses today face mounting technological, financial, operational and regulatory challenges and risks. As our clients' partner of choice, VPS assists in addressing these issues and in enabling effective business decisions.

About DNV GL

Driven by its purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. Operating in more than 100 countries, the company’s 16,000 professionals are dedicated to helping their customers in the maritime, oil & gas, energy and other industries to make the world safer, smarter and greener. For more information visit www.dnvgl.com/maritime