Ship Fleet Management System Market Outlook FMS Adoption in Ships Likely to Accelerate by 2018 with New-generation Ships Creating Opportunities
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1 Ship Fleet Management System Market Outlook FMS Adoption in Ships Likely to Accelerate by 2018 with New-generation Ships Creating Opportunities October 2014
2 Contents Section Slide Number Executive Summary 4 Ship FMS An Overview 6 Definitions and Segmentations 9 Ship FMS Total Ship FMS Market 11 Service Packages and Features Analysis 16 Ship FMS Key Players 19 Conclusions 21 Appendix 24 The Frost & Sullivan Story 26 3
3 Key Findings 1 Government regulations and international maritime organization (IMO) compliance are key drivers leading the ship fleet management system (FMS) developments and adoption rate. 2 Technology advancements have been a huge part in making the shipping industry increasingly efficient and swift. 3 FMSs are a major factor in fuelling maritime traffic, and along with recent technological revolutions, have reduced mobility and accessibility costs. 4 Despite significant penetration (more than %) within the shipping industry segments, the adoption scenario is still considered to be between the introduction and development stage. 5 Ship FMS packages are segregated into basic tracking, reporting, and analysis. 5
4 Ship FMS An Overview What How For Why A solution to track real-time movements of ships online, 24/7, across continents and over countries A system enabling ship owners to monitor and locate fleets accurately through integrated fleet tracking solutions A Web-based application that can be accessed, installed, and downloaded to collect satellite data accurately, along with mapping and weather information Hardware and software solutions generate global position system (GPS) data gathered using an Inmarsat C transceiver and generate position reports Hardware solutions installed on ships and information is viewed on the Web Software solutions configured software reads the GPS data report through , SMS, fax, or telex Ship owners to track, locate, and monitor vessels remotely 24/7 Ship operators to be informed about fleet activities in order to improve fuel efficiency and performance Charterers to monitor a ship s course and speed, idle time, and monitor weather forecasts To monitor and improve overall fleet performance To improve fuel efficiency and save fuel cost To increase operational efficiency and improve risk management To adhere to compliances and regulations in each regional zone To increase safety and fleet security 7
5 Ship FMS Key Benefits Key Benefits 1 2 Provides 24/7 monitoring and management of a global fleet with complete data in a single system and single view Tracking and locating position of the fleet with interactive browser-based map (updates vessel s position and route through SMS and ) Facility to customize geozones with respect to a customer s area/regions of interest Ability to automatically increase position reporting frequency and indicate regulatory requirements in various zones, depending on areas of high security risk 24/7 access to latest global pirate attacks and activity/location of the mother ship Integration of global weather forecasting, along with cyclones and other major catastrophes 8
6 Ship FMS Definitions and Segmentations Segmentation Container ships Bulk carriers Tankers Passenger ships Specialized ships Definition Carry manufactured goods and products Loads are carried in truck-size intermodal containers Goods are usually carried through scheduled and planned routes known as liner services Transport raw materials (coal, iron ore, and bauxite) and other items such as cement and grains Considered to be work-horse of the fleet, and recognized by hatches raised above deck level Used to transport the bulk of liquids (chemicals, petroleum products, crude oil, vegetable oil, and liquefied natural gas) Mainly used for transport involving short journeys for passengers, cars, and commercial vehicles (roll-on/roll-off ferries) Include cruise ships, a major part of the tourism industry used to carry passengers for pleasure voyages as luxurious floating hotels Carry heavy lift goods and vehicles with wheeled machinery Include cable ships and deep-sea vessels Note: Segmentations are based on types of world merchant fleet ships. Passenger ships include ferries and cruise ships and container ships include general cargo ships. 10
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