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Major funding from INTENS and Business Finland to enhance NAPA’s voyage planning services

Helsinki, Finland – 9 May 2018

Leading maritime software, services and data analysis provider NAPA today announced that it has received major funding from INTENS, a VTT-coordinated Finnish research-industry collaborative consortium, to further enhance its work improving technical and operational performance and lowering ships’ emissions.

The work enabled by this funding has already begun, the initial trial customers have been agreed, and NAPA expects to be able to publicly discuss the first delivered benefits by the end of 2018.

Shipping’s share of global carbon emissions is currently 2-3%, a similar level to major developed countries like Japan and Germany. Under a business-as-usual scenario, the IMO estimates that carbon emissions from shipping could increase by 50%-250%in the coming decades. The INTENS research consortium has committed more than €13 million over the next three years to proactively help advance, promote and digitalize the work of Finnish maritime leaders, with a specific emphasis on energy efficiency improvement and emissions reduction of ships.

Voyage Optimisation Concept

NAPA’s Cloud-based voyage optimization concept

Pekka Pakkanen, Director, Development, NAPA Shipping Solutions commented, “Shipping remains the most environmentally friendly way to move cargoes globally, but it will be difficult to achieve significant emissions reductions without fundamental, practical changes to how it operates on a global basis.” Pakkanen continued, “Optimizing operations of existing vessels is the fastest way to reduce carbon emissions and lower operating expenditure immediately.”

Ships’ fuel comprises between 30% and 60% of all operating expenses, and the total value of bunkers consumed each year is approximately $130 billion. Numerous studies have shown that the vast majority of sea voyages are not optimally sailed in terms of fuel consumption. According to NAPA estimates, shipowners may be wasting nearly $30 billion each year of unnecessary expenditure on bunkers.

Captain Risto Kariranta, Director, Services, NAPA Shipping Solutions continued, “The collaboration and funding from INTENS will further enhance our market-leading voyage planning services, such as NAPA Fleet Intelligence, that provide a rounded appraisal of a vessel’s performance characteristics and achieve better results. Through these services, we can help mitigate voyage inefficiencies such as ‘rush to wait’ or those caused by rough sea and weather conditions, and take practical and profitable steps to save both fuel and carbon emissions.”

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About NAPA

In its nearly 30 years of operation, NAPA has become a global leader in software, services and data analysis for the maritime industry; providing best in class data-led solutions for safety, efficiency and productivity in both ship design and operations.

NAPA operates globally, with 11 offices across Asia, Europe and the Americas supported by its Helsinki headquarters. To date, NAPA has nearly 400 user organizations for its design solutions and over 2,500 installations onboard vessels. For more information, visit www.napa.fi

About INTENS

The INTENS (Integrated Energy Solutions to Smart and Green Shipping, http://intens.vtt.fi) consortium consists of 14 Finnish marine companies (Wärtsilä Finland Oy, NAPA Oy, Meyer Turku Oy, Dinex Ecocat Oy, Deltamarin Oy, Vahterus Oy, Protacon Technologies Oy, Parker Hannifin Oy, JTK Power Oy, 3D Studio Blomberg Ab, Jeppo Biogas Ab, Visorc Oy, Tallink Silja Oy and NLC Ferry Ab Oy) and 5 renowned research organizations (Aalto University, Lappeenranta University of Technology, University of Vaasa, Åbo Akademi University and VTT Technical Research Centre of Finland Ltd).

Media enquiries

Nick Arthur
BLUE Communications
T: +44 1865 514 214
E: nick.arthur@blue-comms.com

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