Singapore-based ship management company Eastern Pacific Shipping (EPS) has been using and assessing artificial intelligence (AI) technology to cut fuel consumption and overall environmental impact.

Greek AI-led maritime technology firm DeepSea Technologies revealed it has delivered weekly fuel consumption forecasts “accurate to within 1%” after a six-month project with EPS. Measured against a baseline of standard data inputs, improved data quality reduced the inaccuracy of weekly fuel consumption forecasts to 0.8%.