Netherlands-based Mainport Innovation Fund II, comprising KLM, Schiphol Group, Delft University of Technology, Port of Amsterdam and NS Dutch Railways, is investing €400,000 in We4Sea, a maritime technology start-up focused on increasing the fuel efficiency of seagoing ships. With the investment, We4Sea wants to accelerate its growth in the maritime transport sector
We4Sea has developed a cloud platform that offers advanced solutions to optimize the performance and reduce fuel consumption and emissions of seagoing ships. We4Sea collects vast amounts of
a ship’s operational data, such as position, speed, heading and engine data. This data is sent to shore, where it is enriched with other data sources, such as weather conditions, wave heights, currents and wind.
The proprietary algorithms and energy models of We4Sea transform this big data pool into actionable management information on how
to optimize the use and configuration of a ship.
In pilot projects, We4Sea says it has proven that using data analysis can substantially cut fuel costs, up to 20%. Using the technology is easy, as it requires no additional hardware on board of the ship.
Michiel Katgert, CTO of We4Sea:
“We offer the shipowner tools to cut his fuel bill substantially.
This will not only have a direct impact on their financial results,
but it will also improve the sustainability of their operations
and lead to a reduction of CO2.”