Q&A: Nautilus Labs on how tech can tackle fuel use and emissions

By Freight Waves

LNG, LNG fleet, LNG fleet performance optimization, LNG performance, LNG optimization, Generator Optimization, boil-off, CTMS, reliquification, Nautilus Labs; Vessel Performance; Machine Learning

Now more than ever, ship owners, operators and charterers crave higher fuel efficiency. And yes, there’s an app for that. One of the higher-profile software platforms is being developed by New York-based Nautilus Labs. In April 2019, it secured $11 million in Series A funding from M12, Microsoft’s venture fund, and Root Ventures. Together with other investors including Quiet Capital, Trail Mix Ventures and Amplifier, Nautilus Labs has raised a total of $14.5 million.