Euronav NV and Theyr Ltd. announce their extended collaboration with the implementation of Theyr’s T-VOS optimisation engine in Euronav’s Fleet Automatic Statistics and Tracking (“FAST”) platform. The integration of this multi-objective optimisation engine, together with improved and continuous updated dynamic performance models of the vessels, allows for better routing optimisation and – inherently, an improvement of sea passage time, and/or fuel consumption. This in turn supports Euronav in the realisation of its decarbonisation strategy in which the company emphasises the importance of shipping digitalisation to achieve decarbonisation.

T-VOSTM, Theyr’s unique multi-objective voyage optimisation engine, optimises simultaneously for minimum fuel consumption, TCE, just in time and best time arrivals, fixed speed and RPM. T-VOSTM provides the Euronav FAST platform with the evolving efficiencies and flexibilities required to meet the ever-increasing emission regulations in addition to realising the inherent, and significant cost savings.