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The "Euronav Compass" refers to the strategic and operational framework utilized by Euronav (now part of the combined Frontline/Euronav entity) to navigate the energy transition and the complex landscape of the global tanker market. This framework is built upon four cardinal points:
: COMPAS tracks the specialized certifications (STCW) required for various ranks, automatically alerting administrators when a seafarer’s credentials are nearing expiration.
The shipping industry has historically been fragmented, with data often trapped in offline logs or isolated spreadsheets. By implementing a unified system like COMPAS, Euronav achieves several strategic advantages:
The legacy of the Compass strategy continues within the combined Frontline/Euronav entity, serving as a blueprint for how large-scale tanker operators can pursue aggressive decarbonization while maintaining shareholder value.
Ability to handle multi-source data records to provide a unified "common operating picture". Hardware and Integration
In 2023 and early 2024, Euronav underwent a transformational merger with .
If you need the , it is not public — but you can request a case study from Euronav directly or look for DNV or Lloyd’s List articles describing the tool.
"Decision support system for bunker fuel procurement and vessel routing in tanker shipping"