Periodic Reporting for period 1 - OPTILIFT (OPTILIFT offshore lifting and logistics)
Reporting period: 2015-05-01 to 2015-09-30
The main objectives are to (1) extend the weather window for offshore lifting operations, (2) increase safety for offshore personnel and cargo, (3) improve the logistics planning and tracking, (4) reduce the need for ""floating warehouses"" and (5) improve the efficiency for offshore transportation.
One of the most prominent advantages of the OptiLift framework is that it does not require instrumentation of vessels or cargo to be tracked. It only requires installation of sensor unit on the cranes involved."
Market feasibility study was executed for offshore oil & gas, and offshore wind energy markets. Financial feasibility study shows the potential of the business model for OptiLift as well as the economies of scale. IPR assessments were performed with an updated search on the prior art. Through the technical feasibility study, FMECAs were executed for the modules of the technology platform, defining risks and mitigating actions.
Conclusion is that the project is viable and has a great potential to succeed.