maersk tankers: Shipping groups tap algorithms to cut carbon emissions
Synopsis Last year Maersk Tankers launched standalone business ZeroNorth, which uses algorithms that factor in market rates, future weather conditions and bunker prices to guide operators on the optimal route and speed for their vessel. Reuters So far, 1,500 vessels are using ZeroNorth's Optimise platform including Maersk Tankers, commodities trader Cargill - another investor in the venture - and Danish shipping group UltraBulk. LONDON: Leading shipping group Maersk Tankers is investing tens of millions of dollars in digital technology to speed up cuts in carbon emissions across the industry,...