At Danaos Shipping, we place a strong emphasis on innovation as a core component of our operations. Our Research & Development (R&D) Department, established in 2011 and operating independently since 2023, plays a pivotal role in advancing shipping technology and sustainability.
Our R&D Department is composed of highly skilled research engineers with expertise in mechanical, electrical, and naval engineering, complemented by a digital transformation team including a Digital Transformation Manager, a Data Analyst, and a Full Stack Developer. This team is dedicated to enhancing our technical capabilities and addressing the evolving needs of both our clients and the industry.
In response to the urgent need for emissions reduction, our R&D focus is on improving fuel efficiency and environmental performance, thereby reinforcing our leadership position in the shipping sector. Our extensive efforts include various initiatives such as engine derating, propeller retrofits, bulbous bow optimization, engine tuning, and container stowage improvements. We also conduct technical and economic feasibility studies to ensure compliance with regulatory requirements for onboard modifications.
We are actively engaged in the development and application of alternative fuels across the entire supply chain. Our newbuilds are equipped with alternative fuel-related notations, positioning us to adapt to future demands and industry changes.
Key R&D Focus Areas:
- Newbuildings (Design Approval Phase)
- Company’s Digital Transformation
- Retrofits and Optimization Projects
- Carbon Neutrality Initiatives (ESG, CDP, CSA, Poseidon Principles, etc.)
- Emissions Compliance, Monitoring & Reporting (MRV, FuelEU, SEEMP PI, II & III, CII)
- EU ETS Reporting & Voluntary Carbon Markets
- Client Performance-Emissions Requests
- In-house Performance Monitoring Software
- Regulatory Impact Analysis
- Investigation of Decarbonization Pathways
Our expertise encompasses advanced systems, performance enhancements, and reduction of environmental impact, all while maintaining operational efficiency. We utilize a state-of-the-art online data acquisition system to collect real-time data from our fleet, enabling us to monitor and optimize performance using proprietary algorithms.
Transparency and data sharing are integral to our digital transformation strategy. We are committed to fully digitalizing key company operations, with numerous processes already updated to align with our innovative and efficient operational model. We have built a communication channel with our clients entailing on-line data sharing through APIs or data exchange via on-line platforms. Within 2023, we provided online data and responded to online data requests to 13% of our clients representing almost 20% of our fleet.
By leading in technological advancements and embracing research, Danaos Shipping ensures operational excellence and reinforces our commitment to sustainable innovation.