CORDIS · 744716 · H2020
SEAHUB Real-time Fleet Performance Center (FPC) to optimize energy efficiency in Maritime Transport to reduce fuel consumption and harmful emissions
Coordinator: Marorka ehf (IS)
Marorka is an Icelandic Company founded in 2002 that has developed a set of Energy Management Solutions for Merchant Ships to help them reduce their fuel consumption by up to 10%. There are presently more than 50.000 Merchant Ships sailing across the world, transporting every year 90% of total world trade (9, 84 Billion tons). These Ships use 50 to 200 tons of fuel per day, costing Ship owners / Ship operators (SOW/SOP) 4.5 to 18 million euros a year (50% of their total operational costs). Using Marorka, SOW/SOP can save 450K€ to 2,3M€ a year for each 1% of achieved fuel consumption reduction…
About Horizon 2020 (2014–2020)
Horizon 2020 was the EU's flagship research and innovation programme for 2014–2020, with a budget of around €77 billion. It bundled FP7's strands with the EIT and the Competitiveness and Innovation Programme, introduced a stronger societal-challenge orientation, and pushed the funding logic toward closer-to-market innovation. New calls closed in 2020 but funded projects continued through 2024.
Co-funding: the European Union contributes €50k toward a total project budget of €71k — a funding rate of 70%, with the remainder covered by the consortium partners. The project runs over approximately 0.3 years from 2016-11-01 to 2017-02-28.
Full record on CORDIS — partners, deliverables, publications, news.
Open on cordis.europa.eu → Grant DOI ↗More from IS
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Frequently asked questions
- Who funds this research project?
- This project is funded by the European Union through the Horizon 2020 (2014–2020) programme, under the SME-1 funding scheme.
- What is the EU contribution?
- The European Commission contributes €50k toward a total project budget of €71k.
- Which EU programme funds it?
- The project is funded under Horizon 2020 (2014–2020), call H2020-SMEInst-2016-2017.
- Who coordinates the project?
- The project is coordinated by Marorka ehf (IS).
- What is the project timeline?
- The project runs from 2016-11-01 to 2017-02-28 — approximately 0.3 years.
- Where can I find the full project record?
- The complete record — partners, deliverables, publications and news — is published on CORDIS under project ID 744716.