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Prediction of Sea Level

Simon Holgate developed new software that can predict sea levels up to 36 hours in advance within 20cm accuracy, compared to the 75% accuracy of traditional tides methods. His machine learning and real-time weather/sea level data software helps oil refineries and ships save millions by reducing demurrage costs from delays. Refineries typically pay $30,000-$100,000 in additional charter costs per day of delay, with worldwide annual delay costs to the industry estimated at $1.3 billion. The software's first product, Petro Planner, targets oil refineries' sea level needs to load and unload cargo more efficiently.

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Jeet Singh
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11 views

Prediction of Sea Level

Simon Holgate developed new software that can predict sea levels up to 36 hours in advance within 20cm accuracy, compared to the 75% accuracy of traditional tides methods. His machine learning and real-time weather/sea level data software helps oil refineries and ships save millions by reducing demurrage costs from delays. Refineries typically pay $30,000-$100,000 in additional charter costs per day of delay, with worldwide annual delay costs to the industry estimated at $1.3 billion. The software's first product, Petro Planner, targets oil refineries' sea level needs to load and unload cargo more efficiently.

Uploaded by

Jeet Singh
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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THE VOICE OF MARINE

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The Marine Professional
Predicting sea levels earlier could cut delays
Monday, 11 January 2016

Predicting sea levels earlier could cut delays


Written by Ines Nastali

VLCC Algarve unloading


crude oil in Antifer.

New software has been developed that could help oil refineries and the shipping industry to save
millions of pounds each year by reducing demurrage.
Simon Holgate, a former scientist with the National Oceanography Centre in Liverpool, founded
Sea Level Research and developed the software that can predict sea levels up to 36 hours in
advance to within 20cm, 95% of the time, compared to just 75% of the time using the traditional
tides.

He has spent two years developing his software, which combines machine learning algorithms with
real-time information on weather and sea levels.
Holgate said: The ability to predict the surge, that is the weather on top of the tide, enables us
to move vessels much more efficiently. These vast ships enter the river with only 60cm clearance
under their keel, so having an additional 20cm of water can make all the difference as to whether
a vessel can berth or not and between a profitable and an unprofitable voyage.
The code has recently secured a 200,00 investment by The North West Fund for Venture Capital
which makes it possible to bring the software to market.
The first product, Petro Planner, is targeted at oil refineries which rely on sea levels to be able to
load and unload cargo. These companies typically pay $30,000 to $100,000 in additional charter
costs to the ship owner for each days delay. It is estimated that such delays annually cost the
industry $1.3bn worldwide.

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