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Maersk Tankers gets new advanced tool

Maersk Tankers gets new advanced tool

20-06-2018 10:35:00

After working together for less than a year, Maersk Tankers and technology partner CargoMetrics presented the first result of their collaboration. Maersk Tanker's Chief Strategy and Transformation Officer, Søren C. Meyer, perceives the new software tool to be a "big step" in Maersk Tanker's digital efforts.

The first result of the cooperation is a simulation tool that can evaluate both risk in the commercial sector such as potential losses and gains at different geographic locations of Maersk Tanker vessels under commercial management.

The project started out searching for an answer to whether Maersk Tankers would position their LR2 ships east or west of the Suez Channel, but the result is far beyond expectations, says Søren C. Meyer, according to TradeWinds.

The LR2 ships were chosen in the initial phase of the project, but the new tool is widely used for other segments in the product tanker market.

Maersk Tankers purchased a shareholding in CargoMetrics when the cooperation was initiated last year and has exclusive rights to work with the company within the product tanker market. But CargoMetric would like to work with digital specialized dry cargo companies.

Meyer says that working with a strategic partner has been critical to Maersk Tankers, as this amount of progress had not been possible if the company had worked alone.

Source: TradeWinds / Maritime Danmark

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