Periodic Reporting for period 1 - SafePort (A Novel Smart System for the safe Management of Nautical operations)
Periodo di rendicontazione: 2019-12-01 al 2020-04-30
Shipping is the lifeblood of the global economy, transporting approximately 90% of global trade. However, as the port traffic increases, the interaction between ships and port infrastructure (navigation channels, manoeuvring areas, docks, rivers, locks, etc.) gets more complicated, resulting in system saturation, and hence a greater likelihood of marine accidents occurring. There are very powerful meteorological forecast tools, which provide very valuable information for marine traffic management but they are incomplete and have not even been applied in the clear majority of ports. In this context, Siport21 has developed SafePort, a technology for providing port managers with the most complete and reliable decision tools to manage the operations of the vessels. This technology collects real-time information about the ship approaching the port, as well as meteorological and maritime data, determines whether the operation is viable or not and the requirements to perform the operation in the safest manner. Regarding the overall objectives of SafePort project, we will complete the final design and the large-scale testing stages of our technology required before we are able to offer our solution to companies of the marine sector at international level.
We carried out an assessment of the feasibility of SafePort. A summary of the main achievements is detailed below:
We have identified the main technical issues to be developed for our product to reach market launch and prepared a detailed work plan for the technical execution, including the final design of SafePort, the potential collaborating ports and its infrastructure as well as the trials to be performed on them.
Our in-depth market analysis has allowed us to get better insights about the current market, determining the commercial risks and even potential opportunities for SafePort, and establishing a dissemination strategy to create awareness. Here, we have also identified the key players within the value chain, including potential customers.
We have analysed our Freedom To Operate to identify the existent technologies, which could represent a risk for our project as well as to evaluate the right protection of our technology.
We have developed our business model based on a cash flow and revenues financial analysis for the first 3 years of commercialization (after 24-months project completion), in alignment with our commercial strategy and our revenue model. After the verification of the budget required to complete SafePort, we expect a cumulative ROI of 350%.
We have identified the main technical issues to be developed for our product to reach market launch and prepared a detailed work plan for the technical execution, including the final design of SafePort, the potential collaborating ports and its infrastructure as well as the trials to be performed on them.
Our in-depth market analysis has allowed us to get better insights about the current market, determining the commercial risks and even potential opportunities for SafePort, and establishing a dissemination strategy to create awareness. Here, we have also identified the key players within the value chain, including potential customers.
We have analysed our Freedom To Operate to identify the existent technologies, which could represent a risk for our project as well as to evaluate the right protection of our technology.
We have developed our business model based on a cash flow and revenues financial analysis for the first 3 years of commercialization (after 24-months project completion), in alignment with our commercial strategy and our revenue model. After the verification of the budget required to complete SafePort, we expect a cumulative ROI of 350%.
Aware of the limitations of current port systems for traffic management and the problems pointing towards vessel safety, Siport21 has developed SafePort, which is the first tool that provides a decision platform to manage vessels operations based on machine learning & artificial intelligence algorithms that enables Port Authorities and Terminal Operators to have real-time information and prediction of reliable and accurate 48-hour forecast of ship operating conditions. The platform integrates data from various sources (servers, storage and communication systems) and functionalities such as complex simulations widely used in the Internet of Things (IoT) field to provide a virtual reality environment aimed at analysing both access to the terminal and the operations carried out in it. SafePort builds up a significant step towards a Digital Twin of the port facility regarding nautical operations, to be integrated in global Management Systems. In order to analyse the safety of the operations, the tool integrates environmental information (waves, current/tide, ocean-meteorological forecast, wind), ship stopover planning (terminal, ships, loading/unloading, equipment) and technical predictions based on execution of navigation, manoeuvring and moored ship simulations. The outcome obtained from these simulations are multiple potential scenarios, which allow to manage and respond to emergency situations, detecting them in advance through a preanalysis of a great variety of scenarios, which in turn allow to establish contingency and response plans to emergency situations that provide preventive or corrective measures to avert such situations from occurring. It will allow a substantial improvement in port services, since they will be able to plan and carry out their activity in a safer, more efficient and sustainable way, thereby ensuring the future competitiveness of ports.