Low-Carbon Shipping Data Dive for Laskaridis, CARES, and Metis

In Greece, Metis announced research with Laskaridis Shipping Co., and the Cambridge Centre for Advanced Research and Education in Singapore (CARES) will deploy data collection and modeling to chart a realistic course towards a low-carbon future for the maritime industry. This project aims to address the elusive real-world impacts of various low-carbon fuels, crucial for meeting the International Maritime Organization’s target of net-zero greenhouse gas emissions by 2050 and ensuring the adoption of near-zero GHG fuels by 2030.

The collaboration will leverage high-frequency data from Laskaridis Shipping’s in-service bulk carrier, ICARUS, captured by analytics specialist Metis. This data includes comprehensive fuel consumption, weather, and routing information. CARES will apply advanced modeling tools to analyze ship lifecycle pathways and fuel options. Their online calculator, lowcarbonship.com, allows users to compare vessel performance across different fuel types, including Heavy Fuel Oil and onboard carbon capture.

Professor Nondas Mastorakos from CARES highlighted the project’s significance, stating it will enable the development of effective decarbonization strategies based on realistic data. Panos Theodossopoulos, CEO of Metis, emphasized the role of digitalization and advanced analytics in navigating the path to carbon neutrality, noting that no single fuel option has emerged as a definitive solution.

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