Project description DEENESFRITPL New system increases efficiency of overall ship management operations Rising fuel prices and environmental restrictions are putting pressures on the profitability of commercial shipping and the affordability of the import and export sector. In this context, the EU-funded EcoSail project will market launch and scale new energy-efficient and cost-effective technology aimed at reducing fuel consumption by at least 7 %. This solution is the result of several EU-funded R&D projects (SpaceNav, Navtronic and Sectronic) leading to a verified and demonstrated prototype. The EcoSail system combines weather routing and voyage optimisation. Specifically, its sustainable sail plan service incorporates smart features like self-learning ship performance and advanced decision support systems, allowing end-users to optimise ships’ sailing routes and time schedules to obtain the lowest possible fuel consumption and air emissions. Show the project objective Hide the project objective 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. Fields of science social sciencessocial geographytransportsocial scienceseconomics and businessbusiness and managementemploymentengineering and technologyenvironmental engineeringenergy and fuels Programme(s) H2020-EC - Horizon 2020 Framework Programme Main Programme H2020-EU.3. - PRIORITY 'Societal challenges H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies Topic(s) EIC-FTI-2018-2020 - Fast Track to Innovation (FTI) 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 Net EU contribution € 784 175,00 Address NIKOU PATTICHI 26 3071 Limassol Cyprus See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Κύπρος Κύπρος Κύπρος Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 1 120 250,00 Participants (5) Sort alphabetically Sort by Net EU contribution Expand all Collapse all G.M.S. GLOBAL MARITIME SERVICES LIMITED United Kingdom Net EU contribution € 773 074,75 Address 85 GREAT PORTLAND STREET W1W 7LT London See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region London Inner London — West Westminster Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 1 104 392,50 OFFSHORE NAVIGATION LIMITED Anguilla Net EU contribution € 346 062,50 Address 201 ROGERS OFFICE BUILDING-EDWIN WALLACE REY DRIVE 2640 THE VALLEY See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 494 375,00 CHALMERS TEKNISKA HOGSKOLA AB Sweden Net EU contribution € 849 125,00 Address - 412 96 GOTEBORG See on map Region Södra Sverige Västsverige Västra Götalands län Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 849 125,00 LAURIN MARITIME AB Participation ended Sweden Net EU contribution € 0,00 Address JARNBROTTS PRASTVAG 2 42147 VASTRA FROLUNDA See on map Region Södra Sverige Västsverige Västra Götalands län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost No data TEAM TANKERS MANAGEMENT A/S Denmark Net EU contribution € 234 500,00 Address STRANDVEJEN 58, 3 2900 HELLERUP See on map Region Danmark Hovedstaden Københavns omegn Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 335 000,00