Posted on: 6 December 2016
Maritime London member Moore Stephens won the Big Data award for its ship operating costs benchmarking tool, ‘OpCost’ at the Lloyd’s List Greek Shipping Awards, held on Friday 2 December.
The award was presented jointly to to Costas Constantinou, managing partner, Moore Stephens Greece and Richard Greiner, partner, shipping, Moore Stephens London.
The award recognises the significant potential that big data has to transform shipping, from timely insights drawn from real-time monitoring and forecasting of events, to improved management of performance and risk. Candidates were required to demonstrate measurable results in areas such as strategic business/investment planning, performance monitoring and optimisation, condition-based and predictive maintenance, optimisation across systems and system overview of operations.
Richard Greiner, global project leader for OpCost, said: “With operating costs continuing to rise, owners and operators need accurate and reliable information on cost movements to help plan their budgets and business strategies accurately. OpCost can also be used for business and budget planning, and transfer pricing studies. The most widely respected barometer of ship operating costs in the industry, it is available in a user-friendly online format, and is continually supplemented with new data to provide the shipping industry with the information it needs to monitor and plan its expenditure.”
Maritime London member RightShip sponsored the Ship of the Year award, that was won by LNG carrier Maria Energy, newly delivered to the Tsakos Group.
