HD Hyundai Marine Solution announced on the 24th that it will supply the artificial intelligence (AI)-based optimal route solution OceanWise to ships operated by SK Shipping and Hyundai GLOVIS.
OceanWise is a decarbonization and economic navigation solution that utilizes big data and AI algorithms to suggest the optimal route from the current location of the ship, minimizing fuel consumption and greenhouse gas emissions. HD Hyundai Marine Solution reported that since April last year, OceanWise achieved an average fuel-saving effect of 5.3% during performance tests over a total of 13 sections covering 106,000 kilometers in navigation with HD Hyundai Oilbank. This means that a ship that uses 10,000 tons of fuel annually can save about 350 million won in fuel costs.
HD Hyundai Marine Solution noted, "Securing the trust of shippers and shipping companies in OceanWise through demonstrations was a decisive factor in this supply contract."