Bearing AI launches EU ETS compliance capability

Mar 6, 2024 · Product Launch · Bearing AI · Maritime

Bearing AI launched an EU Allowance forecasting and simulation update for its Fleet Deployment Optimizer to help shipping operators plan for EU ETS obligations.

Bearing AI company media
Company media · Bearing AI
  • The update projects EU Allowance obligations for a voyage or a fleet deployment plan before vessels leave the dock.
  • Operators can simulate alternative vessel deployments and distributions to compare economic and emissions outcomes.
  • The platform presents allowance projections alongside voyage emissions forecasts and projected Carbon Intensity Indicator ratings.

Bearing AI develops maritime decision software for voyage planning, fuel and emissions optimisation and fleet operations. Its models combine vessel characteristics, weather, routing constraints and proprietary operating data to simulate alternatives and recommend actions for large commercial ships. Founded in Palo Alto in 2019, the company works with global carriers to reduce fuel consumption and improve schedule, safety and emissions performance.