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VDRConnect: VDR-based vessel telematics solution

Objective

The problem: Maritime transport is currently the backbone of international trade, with approx. 90% of world cargo by volume transported by sea. The OECD anticipate that the maritime shipping industry will exceed 250 trillion tonne-km by 2050, which is four times the current trade activity. This increased seaborne traffic imposes several environmental, financial and logistical challenges that must be addressed by intelligent systems such as VDRConnect. Forecast scenarios for the medium term suggest that international shipping carbon emissions could increase 50–250% by 2050. Among the major goals for a competitive and resource efficient transport system is the reduction of the EU CO2 emissions from maritime bunker fuels by 40% by 2050. Furthermore, fuel costs correspond to 80% of large vessels’ OPEX.
The solution: VDRConnect is a vessel telematics solution, based on Danish SME Danelec Marine’s currently marketed VDR, which allows the selective push- and pull-trough of data sets from the ship’s VDR to shore. The solution will generate significant impact for end-users in terms of lowered fuel consumption through improved cost-efficiency in the operation of vessels, e.g. optimized service speed and trim. VDRConnect will also allow vessel managers and owners to implement positive and proactive risk management processes through remote monitoring of the entire fleet from a home office ashore – thereby contributing to safer, smarter and greener maritime transport.
The market: Cargo vessels will be the first target market because 50% of world’s fleet is the shipping industry, corresponding to a total of approx. 60,000 vessels. From this total, 50,000 vessels weigh more than 3000 gross tonnes, with this segment being obliged by law to carry a VDR onboard. This creates a total addressable market size for VDRConnect of €300 million/year. The implementation of the innovation project will place Danelec in a strong position to exploit a market potential over five years of € 39M.

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

DANELEC ELECTRONICS AS
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
BLOKKEN 44
3460 BIRKEROD
Denmark

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Danmark Hovedstaden Nordsjælland
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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