Opsealog, a provider of data integration and performance management services for the offshore marine industry, has published a new report addressing data conversion instead of just data collection. This report, titled "The Conversion Gap: What Offshore Fleets Are Missing Between Data and Decision-Making," draws on over a decade of experience across more than 1,000 offshore support vessels and explains why fleets that have significantly invested in digital tools still face challenges in converting this data into faster and better decisions.
The Conversion Gap and Challenges
The central finding of this report refers to what Opsealog calls the "missing link." Most digital tools are deployed with the assumption that data will automatically convert into actionable decisions. In practice, conversion requires a person responsible for reading the data, a qualified individual to interpret it, and a mechanism for decision-making and executing actions that return to the fleet. When any of these three elements is absent, operators of support vessels are faced with dashboards that no one owns, reports that never return to the individuals who provided them, and limited actions to improve vessel performance.
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Case Studies and Their Results
The report also includes results from Opsealog's work. For example, in the case of the MV Flat Confidence, an AHTS (Anchor Handling Tug Supply) vessel registered in Ghana operating under a long-term contract with Tullow Ghana, a year of structured monitoring of fuel led to savings of 732.6 cubic meters of fuel and 1,984 tons of CO2, valued at nearly $850,000 at current fuel prices. In a mixed fleet of 24 vessels off the coast of Angola, the same method resulted in savings of 1,108 cubic meters of fuel and 3,055 tons of CO2 over six months, worth approximately $1.85 million.
The report examines how to improve operational decision-making so that crews and shore teams can enhance fuel efficiency and fleet performance. Aran du Diano, founder and CEO of Opsealog, noted, "We have spent a decade proving that offshore fleets can collect more data than ever before. The real test now is whether that data makes a difference in what happens on deck or not."
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