VIP - Sustainability

Table of Contents

Introduction

There are a number of different features and data solutions you can use in the Veson IMOS Platform to understand and reduce carbon emissions.

• Sustainability Panel (VIP only)

• CO2 Values

• Carbon Expenses

• Emissions Data Table

These features are a part of Veson’s two-fold approach to sustainability, which consists of empowering our users to make more sustainable decisions on a daily basis and collaborating with stakeholders (both internal and external partners) to drive decarbonization in maritime shipping.

The Preliminary Workflow

The following areas and modules in the system either include or will include sustainability-related enhancements to accommodate multiple workflows and processes:

1. Data Setup in the Data Center

2. Vessel Valuation in Trading & Risk

3. Trade Hub GHG Rating Overview

4. Avoidance of Congested Areas in Oceanbolt

5. Voyage Estimation on CO2 Emissions and Cost

6. Operations Management of Fuel Consumption and Speed Analysis

7. Veslink Voyage Reporting

8. Sustainability Overview on a Voyage-by-Voyage Basis

9. Emissions Related Analytics

10. Reporting and Data Sharing

Data Setup in the Data Center

You can set up fuel information and carbon factor in Fuel/Lube Types and utilize the Fuel Zone functionality with the IMO 2020 checkbox to ensure a more flexible fuel consumption.

Vessel Valuation

We are currently looking to enhance Vessel Valuation features and Trading & Risk areas of the system, including Trade Hub, to provide emissions visibility into the pre-trade market analysis.

Trade Hub

With the newest Oceanbolt and PortLog integrations, we provide features that give visibility into port congestion statistics to help avoid long wait times and assist in decision-making process, thus reducing the CO2 emissions.

Voyage Estimator

We have also enhanced our Voyage Estimator tool to include the CO2 calculator, Speed Comparison Analysis, and the ability to calculate the optimal speed for the minimum CO2 emitted.

Voyage Manager

In the Operations module, we have enhanced the Voyage Manager to include the CO2 calculator, the Sustainability panel, and the ability to enter additional emissions data.

Veslink Voyage Reporting

Veslink Voyage Reporting remains unchanged, providing ship-to-shore bunker consumption information directly to VIP.

Report Designer

The Report Designer now has a new table the Voyage Emissions, where voyage emission data is accessible to be reported for a variety of purposes including sharing the data with counterparties.

Summary

The features outlined here represent Veson's ongoing commitment to helping users make more sustainable decisions. As part of that commitment, we will continue to add additional sustainability-related enhancements to various areas and modules in the Veson IMOS Platform.