Through various trials and intensive discussions concerning ship modelling, a range of products including a newly announced AI-powered Smart Routing Engine, has been developed by combining MOL's maritime expertise and Bearing's AI technology infrastructure. This routing engine automatically analyses multiple potential routes for a given voyage and recommends prudent, efficient routing through use of optimal main engine output and propeller RPM profiles.
At the core of Bearing's technology are highly-accurate ship performance models built off of a diverse set of real-world data points. These AI-powered models with some historical voyage data for certain vessels such as vessel speed, trim, main engine operation, weather and sea condition allow Bearing to predict metrics like fuel consumption with state-of-the-art accuracy even without vessels' design parameters.
The extended partnership was driven by Bearing's desire to partner with MOL as a technology leader in the shipping industry and MOL’s understanding of the transformative potential of AI. MOL reportedly appreciates Bearing's profound AI expertise and background in building scalable AI technology products.