Sofar is thrilled to announce that global shipping leader Mitsui O.S.K. Lines, Ltd. (MOL) has deployed our Wayfinder dynamic voyage optimization platform across its fleet to significantly reduce emissions.
MOL Group’s diverse lineup of dry bulk ships, tankers, and car carriers use Wayfinder’s dynamic voyage optimization to save fuel, time, and emissions. Wayfinder leverages the most accurate marine weather forecasts — powered by Sofar's global network of ocean sensors — and data-driven vessel performance models that are continuously calibrated using the best available weather and vessel information.
“We expect that Wayfinder, which utilizes cutting-edge technologies such as Sofar's global network of ocean sensors and data-driven Vessel Performance Models, will greatly contribute to the efficient operation of MOL Group’s Fleet,” said Ryusuke Kimura, Chief Digital & Information Officer of MOL Group.
Wayfinder plays an important role in MOL Group’s push to improve operational efficiency, a key strategic pillar of its “MOL Group Environmental Vision 2.2.” In a trial with 40 of its vessels, MOL Group found that Wayfinder reduces fuel consumption and emissions by an average of 6% per voyage. Captains and key stakeholders identified Wayfinder as a sophisticated and impactful voyage optimization platform, highlighting its power to enhance safety at sea and overall efficiency.
”We are excited to partner with MOL Group to execute on their industry-leading maritime decarbonization strategy,” said Tim Janssen, co-founder and CEO of Sofar. “The broad deployment of Wayfinder across the global MOL fleet will drive immediate efficiency gains and emissions reductions.”
MOL Group will also use Wayfinder to accelerate its longer term decarbonization strategy, including its push to reach net zero greenhouse gas emissions by 2050. Wayfinder streamlines compliance with evolving environmental regulations, and helps measure and optimize the impact of new decarbonization technologies like wind propulsion on fleet performance.
“We believe that Wayfinder, which consists of Sofar's global network of ocean sensors, based on the Spotter buoy, and state-of-the-art modeling technologies, will greatly enhance our sustainability strategy, 'MOL Group Environmental Vision 2.2,'" said Tatsuro Watanabe, Chief Sustainability Officer of MOL Group. “We look forward to actively collaborating on various initiatives in the future.”
Wayfinder provides dynamic route and RPM guidance that accounts for variations in weather, market, and vessel performance. Wayfinder uses Sofar’s superior weather forecasts, powered by its proprietary global ocean sensor network. These data-driven weather models greatly reduce forecast uncertainty and increase vessel performance model accuracy, ensuring Wayfinder keeps vessels on the most efficient path to port.
“Wayfinder is powered by the best weather data and forecasts,” said Janssen. “This weather advantage produces more accurate vessel performance models and superior guidance, which translates to maximal gains voyage after voyage for MOL Group’s vessels. We are excited to realize Wayfinder’s impact across its fleet.”
Contact the Wayfinder sales team to learn more about our platform or schedule a demo.
