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09 FEBRUARY 2023 AL CIRCLE

Reygar and Penguin alliance utilises InnovateUK fund to build latest fleet of aluminium vessels

EDITED BY : MAYURAKSHI GANGULY 3MINS READ

Reygar, a widely acknowledged firm providing vessel monitoring and control mechanisms, has received the InnovateUK funding to create a set of the latest functions for its patented BareFLEET monitoring system in a close partnership with Singaporean innovator, designer and producer of high-speed aluminium vessels Penguin International Limited.

Reygar and Penguin alliance utilises InnovateUK fund to build latest fleet of aluminium vessels , Alcircle News

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Penguin has been creating blueprints for a series of aluminium workboats since its inception in 1995, which it envisions spearheading the company’s growth. Penguin has accomplished building over 200 aluminium vessels until now and can be deemed as the biggest manufacturer of multi-role crew boats globally.

This partnership between Reygar and Penguin will definitely yield intense results in the future, beneficial for the shipbuilding industry. This alliance has the potential to hoist a new regime for technological upgrades aimed at capturing a widespread market.

The project, also tagged as FleetVision, will be based on Reygar’s commercially approved BareFLEET technology to provide a live overview of different avenues of the vessel’s performance, banking on Penguin’s substantial knowledge of ship management and aluminium shipbuilding.

Penguin’s Managing Director, James Tham, measured the extensive opportunities in the application of data-driven performance monitoring technology and has claimed that it is the most dependable way of finalising the designs of commercial high-speed aluminium vessels.

Jame Tham went on to explain: “FleetVision represents the coming together of proven expertise and experience in real-time remote monitoring technology and the design, construction and operation of efficient, human-centric high-speed workboats. The outcome will be an intelligent performance analytics and decision support tool, developed by experienced practitioners, for sustainable high-speed vessel operations.”

Chris Huxley-Reynard and Felix Francis established Reygar in 2012 as they were geniuses in the field of maritime expertise and operations. Using real-time simulations and faced with the consequences at sea, the duo has successfully developed a cost-effective technology.

The CEO of Reygar, Chris Huxley-Reynard, notified: “We are passionate about helping fleet operators make better, more informed decisions to reduce fuel consumption and emissions. Live feedback on vessel performance means that a range of cost, fuel and emissions-saving opportunities can be seen and acted upon in real-time, optimising operations both onboard and from the shore. Leveraging machine learning to help identify trends in machinery health and vessel performance also improves availability and supports the achievement of operating efficiency goals.”

Global aluminium expo 2023

The process of manufacturing the FleetVision started in 2022 and has been scheduled to be perfected for the next two years. The research partnership has been sponsored by Innovate UK, a group under UK Research and Innovation, and its counterpart organisation, Enterprise Singapore.


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EDITED BY : MAYURAKSHI GANGULY 3MINS READ

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