Vessel Performance Optimization

Voyage Optimization is sometimes restricted to weather routing, which does work well in the short term, but needs to be coupled with vessel performance to stay a step ahead and achieve savings. While the CP Performance follows a very binary approach – laden and ballast, vessels complete voyages under various dynamics – partial laden, different conditions of weather and sea, and varying engine loads/slip or even bunker mismanagement. Although ship-reported data is the primary source for understanding performance, relying solely on this data may result in inaccurate results due to its proneness to error. Some of the salient features of our service are as below:

• Digital Twin – statistical model based on ISO 19030 principles.
• ship specific characteristics to replicate sea performance.
• Analytical approach through dashboards which flag any outliers.
• 45-day extensive health check report.