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Eco-friendly and customer-driven Sail plan optimisation service

Objective

The overall vision is to bring our patented EcoSail technology to full market maturation, to pilot the system and to arrive at its commercialisation as a new energy efficiency and cost-effective solution for the global maritime transport market. Our innovative route planning service will be a disruptive new market entry, reducing fuel consumption by at least 7%. EcoSail is rooted in the clear market-pull caused by the industry need to increase its cost efficiency and decrease environmental impacts. It is the result of several EU-funded R&D projects (SpaceNav, Navtronic & Sectronic) leading to a verified and demonstrated prototype (at TRL7) and confirming the commercial and economic viability. In these projects, the SMEs (OSM, GMS, ONL) developed a roadmap for technical improvements and a strategic business plan on entering the global maritime transport market. The EcoSail project approach is to execute these plans; technically advance EcoSail to TRL8 (WP1) and qualify the service in real-life operations to reach TRL9 (WP3). To support commercial viability, we will conduct a range of market maturation activities in WP4-5 and secure a dedicated EcoSail 'Training Academy' for future maritime masters, users and commercial staff (WP2). We bring together a strong consortium, the three lead SMEs with deep industry knowledge have teamed up with the world-class RTO, CHA, specialising in EO data and maritime training simulations, and a large offshore industrial target user (LAM), to successfully market launch and scale the ground-breaking EcoSail service platform. EcoSail will create a measurable consortium impact - as accumulated revenues of €87.1m for the 5-year post-project (2020-24), with accumulated gross profit of €44m and employment growth of 95 FTEs, and 80 FTEs in our value chain. Further, we will enable between €1.4bn to 2.7bn in reduced costs for our clients and decrease their CO2 emissions by 11m tonnes and their SOx emission by 0.3m tons.

Field of science

  • /social sciences/economics and business/business and management/commerce
  • /social sciences/economics and business
  • /social sciences/economics and business/business and management/employment
  • /social sciences/social and economic geography/transport
  • /engineering and technology/environmental engineering/waste management/energy efficiency

Call for proposal

H2020-EIC-FTI-2018-2020
See other projects for this call

Funding Scheme

IA - Innovation action

Coordinator

O.M. OFFSHORE MONITORING LIMITED
Address
Nikou Pattichi 26
3071 Limassol
Cyprus
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 784 175

Participants (5)

G.M.S. GLOBAL MARITIME SERVICES LIMITED
United Kingdom
EU contribution
€ 773 074,75
Address
85 Great Portland Street
W1W 7LT London
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
OFFSHORE NAVIGATION LIMITED
Anguilla
EU contribution
€ 346 062,50
Address
201 Rogers Office Building-edwin Wallace Rey Drive
2640 The Valley
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
CHALMERS TEKNISKA HOEGSKOLA AB
Sweden
EU contribution
€ 849 125
Address
-
41296 Goeteborg
Activity type
Higher or Secondary Education Establishments
LAURIN MARITIME AB

Participation ended

Sweden
EU contribution
€ 0
Address
Jarnbrotts Prastvag 2
42147 Vastra Frolunda
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
TEAM TANKERS MANAGEMENT A/S
Denmark
EU contribution
€ 234 500
Address
Strandvejen 58, 3
2900 Hellerup
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)