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Aventra Group launches AI-powered CII prediction tool

fiona by fiona
November 1, 2022
in Operations and Management
0

AG Carbondex

AG Carbondex

Aventra Group has launched AG Carbondex, an artificially intelligent (AI)-powered application that predicts carbon intensity indicator (CII) scores for every vessel, helping shipping companies to measure risks, increase ratings and make better-informed commercial decisions.

From 2023, the International Maritime Organisation (IMO) will require shipowners to report CII on an annual basis, a report systematically graded from A to E.

To trade internationally, vessels will need to bear a certificate of compliance. Additionally, shipowners and ship management companies are required to file multi-year plans to improve emissions on each of their ships. Vessels with better CII scores are expected to demand higher market rates, while those with lower scores will be forced to charge less.

To support the industry’s transition to decarbonisation, AG Carbondex enables users to access real-time monitoring activities of their fleets’ CII-related performance and simulate vessel CII ratings. The software allows an operator to reduce emissions and improve revenue with an interconnected carbon intensity indicator analysis to deliver a more distinct bird’s eye view of their fleet operations.

Using AG Carbondex, shipping companies can achieve the following:

  • Real-time benchmarking and monitoring of an individual vessel or the entire fleet
  • Accurately forecast vessel CII rating to improve regulatory compliance
  • Smarter fuel management with detailed visualisation
  • ISO 27001 – best-known standard for information security management systems

“The maritime industry is at the crossroads for compliant fuel and emission regulations, so it would be prudent for shipowners, operators, and managers to rethink their cost while helping them achieve the mandatory compliance. The application will also help them obtain that extra value for every dollar spent,” said Venkat, product manager.

“We have developed a rock-solid solution to meet the needs of shipowners and commercial & technical teams. When set up our minds to build AG Carbondex, we knew we wanted to create an edge for technical teams to improve the performance of their fleets by transforming Noon reports into insightful analytics for an optimised operation. We have a great vision for Technical Management Analytics. AG Carbondex is just the beginning of the Digital Transformation of Technical Management,” said Juan J. Gil – CEO Aventra Digital, Singapore.

Tags: AG CarbondexArtificial IntelligenceAventra GroupCarbon Intensity Indicator (CII)CertificationDecarbonisationIMOMaritime IndustryMaritime IntelligenceMonitoringRegulatory Compliance
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