Fuel Consumption Monitoring provides granularity and detailed insight on how fuel is consumed on vessels, delivered to you onboard or onshore. Achieve maximised fuel savings with lower fuel consumption across vessels and fleets.
Fuel costs is the most expensive factor in operating a vessel, accounting for up to 70% of total ship operating costs and ship owners, managers and charterers do not want to spend more than necessary on fuel.
Therefore, accurate and reliable data is needed to know how much fuel is being consumed and how much is remaining onboard. More importantly, which vessel activities has the most impact on vessel fuel consumption and how much fuel could be saved. An electronic fuel monitoring system (EFMS) in place makes sure fuel is carefully monitored during vessel operations for fuel-efficient voyages.
EFMS gives the crew and ship owners a clearer understanding of how well the vessel is using its fuel, identify areas of inefficiencies, and develop a robust fuel management plan to reduce fuel consumption. Reporting and data record keeping is also much easier with the system integrated across vessel hardware and software for effective monitoring, along with other vessel operational efficiency benefits. Ship owners are always in the loop with real-time data and fuel pilferage is prevented and kept in check.
A good strategy to achieve optimal fleet operating costs and save on fuel expenditure is to use a fuel consumption monitoring system that shows granular insights on how, when and on which vessel activity fuel is used (learn more about monitoring OSV activities here). This is done by fitting the vessel with a mass flow meter like Flowmet, which is then wired to the Shipulse DAS (Data Acquisition System) – a device that transmits fuel consumption data back to shore via satellite network or GSM network to be viewed online on the Shipulse Portal. With this information, ship owners and managers can monitor fuel usage remotely in their offices and take corrective action to optimise vessel and fleet performance, should fuel usage results be less than desirable.
In addition, through the Shipulse Dashboard, users onboard vessels can live monitor:
It also highlights readings if there are sudden changes in fuel levels. The application also provides an overview that allows users to track and record fuel consumption across a fleet and supports daily, weekly and monthly comparisons across vessels.
Users and fleet owners can improve fuel efficiency and control, reducing costs and providing insights, allowing for better planning and improved operations.
A major benefit of the fuel monitoring system is that it is done entirely remote – which means no human interface is needed, saving the hassle of noon reports and avoiding the cost involved for ship owners and operators to send personnel onboard the ship to check fuel usage. The data received by ship owners and operators through the cloud is as accurate as what has been captured on shipboard equipment, no matter which part of the world the vessel may be.
Let the smart shipping system break down fuel consumption into granular vessel insights for you – turn data into fuel savings now.
Real-time fuel consumption insights to optimise fuel savings