OrbitMI, a prominent provider of maritime software as a service (SaaS), has partnered with Istanbul-based Statu Shipping to enhance compliance and emissions management across its fleet of 20 bulk carriers. This new collaboration allows Statu Shipping to manage compliance proactively rather than treating it as a passive, post-voyage task. With this real-time monitoring capability, the company can optimize operational efficiency, reduce costs, and remain compliant with regulations throughout each voyage. Utilizing Orbit’s compliance tools, Statu Shipping can simulate potential voyages to better understand their impact on the Carbon Intensity Indicator (CII).
Additionally, they can estimate the necessary EU Allowances (EUAs) under the Emissions Trading System (ETS) and forecast related FuelEU costs. Operators can set up real-time alerts regarding significant deviations in speed, estimated time of arrival (ETA), and fuel consumption, enabling prompt adjustments to minimize fuel usage and emissions. Ercüment Ahmet Solakarı, Managing Director at Statu Shipping, emphasized the need for a comprehensive compliance solution, stating, “With regulatory requirements becoming more complex, we needed a solution that goes beyond simple reporting. Orbit allows us to actively manage compliance and emissions throughout a voyage.”
Ali Riaz, CEO of OrbitMI, also remarked on the transformative potential of compliance solutions. “Compliance shouldn’t be a burden—it should be a competitive advantage. By equipping Statu Shipping with real-time compliance intelligence, we empower them to confront regulatory challenges head-on.”
Further streamlining the compliance process, OrbitMI integrates with Bureau Veritas’ VeriSTAR Green platform. This integration facilitates the auditing of emissions reports prior to their submission to regulators, enhancing accuracy and reducing administrative burdens.
By adopting automation and predictive insights, Statu Shipping exemplifies a modern approach to efficient emissions management, setting new standards in the industry.