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MOL applies AI to estimate vessel performance
Japan’s Mitsui O.S.K. Lines has teamed up with Fujitsu Laboratories and Tokyo University of Marine Science and Technology to verify the accuracy of technology to estimate vessel performance at sea by applying Fujitsu’s artificial intelligence (AI) technology – Fujitsu Human Centric AI Zinrai.
The project is a part of MOL’s initiative to assess the effectiveness of AI technology, and aims to reduce fuel consumption and vessels’ environmental impact by using the AI technology.
MOL has been at the forefront in adopting and studying new technology. In August, the company joined a blockchain consortium to develop a trade data sharing platform and it has adopted virtual reality to improve seafarer safety in October.