Danish weather routeing specialist Optimum Voyage has been selected to deliver a monitoring module for Tata Steel. The module will monitor vessels carrying raw materials to Tata Steel and simulate all possible route variations with respect to weather factors. This way, Tata Steel is always aware of any potential changes or delays to its ongoing voyages.
Optimum Voyage will utilise its advanced optimisation algorithms to continuously simulate the upcoming voyages for the vessels carrying cargo for Tata Steel which will see an overview of the active fleet and the potential weather impact in real-time on the Optimum Voyages online platform.
As a part of the sustainability objectives and initiatives of Tata Steel to align itself and drive towards carbon emission reduction targets, access to such real time information will enable data driven decision making to optimise individual voyage route and vessel speed more quickly and efficiently.
Cem Ugur, Group Head Chartering and Operations of Tata Steel, said, “We are strongly committed to reducing our carbon footprint to help create a sustainable environment for future generations. As we take further concrete steps towards sustainability, partnering with Optimum Voyage will provide an essential tool to optimise transportation of raw materials thereby reducing our greenhouse gas emissions. We are excited to embark on this journey with Optimum Voyage.”
“We are all very excited to start this partnership with Tata Steel. The module will assist Tata Steel with real-time data on vessels carrying its materials and will provide the needed decision support in order to achieve better voyage results,” said Mathias Nyman, Commercial Director of Optimum Voyage.