The LOGBASED project is an acronym for ‘logistics based design’ – involving a new methodology and a toolbox of new analysis tools, developed in part by DNV’s research department, to support and manage a more effective fleet renewal process.
LOGBASED puts shipping business development, accelerated fleet renewal and flexible ship designs in a larger commercial context, saving time and resources. The multi million EURO research project is partially funded by the EC, with partners including DFDS, DNV, Wilson, Fresti, Flensburg Schifbau Gesellschaft, Navantia, Foreship and three universities in UK and Greece. The three-year project comes to an end this year.
DFDS has worked closely with DNV Research & Innovation on two specific shipping business development cases, involving the planning of possible new Tor Line routes in the Baltic and between Spain, England and Ireland.
The LOGBASED approach, a new methodology for effective fleet renewal work enables designers to play with different scenarios and quick prototypes that measure the performance of the entire transport system, including but not limited to ship performance. It takes into account expectations from shipowners, customers and other stakeholders. For example, while analysing the income of the ship, analysts can easily add or subtract a deck to a ship, immediately seeing how that will affect the profitability of the whole transport system. Also, the lead time to market for good business ideas has been reduced substantially.
Text: Kaia Means
Date: 2007-06-08