Nautilus Labs aims to boost fleet efficiency as IMO 2020 fuel costs loom over ocean freight

By Freight Waves

With new backing from Microsoft, start-up readies for technical and geographic expansion of optimization services for shipping assets. Deck officers on ships are trained in a number of skills, such as firefighting, emergency medicine, survival at sea and celestial navigation. Include in that meter reading. Every day, they help compile what’s called a “noon report,” the once-a-day report of a ship’s speed, position, fuel use and other data that is sent back to landside operations in order to monitor a voyage.