Ardmore Shipping, an Irish tanker owner, has announced its decision to deploy an AI voyage optimization tool across its entire fleet. This strategic initiative aims to support Ardmore’s energy transition plan within its tramp business operations.
Partnering with maritime AI specialist Deepsea Technologies, Ardmore Shipping will integrate Pythia, Deepsea’s advanced voyage optimization tool, into its fleet management systems. The decision comes after Ardmore successfully conducted a comprehensive trial of the technology on its vessels, which yielded promising results in terms of fuel consumption reduction and subsequent emissions decrease over a 12-month period.
Ardmore Shipping has been proactively investing in various fuel-saving technologies, including fuel-efficient engines and innovative hull designs, as part of its commitment to sustainability. The integration of Deepsea’s voyage optimization services is expected to complement these existing initiatives, further enhancing the fleet’s operational efficiency.
Ha Eun Ruppelt, Ardmore Shipping’s commercial project manager, emphasized the company’s dedication to innovation and sustainability through this collaboration. Ruppelt stated, “Through this collaboration with DeepSea, we’re further upgrading and future-proofing our fleet for operation in today’s dynamic tanker market, aligning with our commitment to innovation and sustainability.”
Deepsea Technologies’ CEO, Konstantinos Kyriakopoulos, expressed enthusiasm about the partnership, highlighting the adaptability of their AI-powered solution in addressing the specific challenges faced by the tanker sector. Kyriakopoulos remarked, “We’re excited to be expanding our collaboration with a visionary leader in the tanker space, known for its focus on quality and its successful adoption of new technologies.”
He further added, “Together with the Ardmore team, we’ve shown how AI-powered voyage optimization can be adapted to address the unique challenges of the tanker sector, leveraging hyper-accurate modeling of each vessel’s unique fuel profile to deliver demonstrable reductions in emissions and optimally balance fuel cost and revenue opportunity to increase commercial efficiency.”
This strategic partnership between Ardmore Shipping and Deepsea Technologies underscores the maritime industry’s ongoing efforts to embrace technological advancements and enhance environmental sustainability. By harnessing the power of AI-driven solutions, companies like Ardmore Shipping are not only optimizing their operational efficiency but also contributing to the global imperative of reducing emissions and mitigating climate change.