This open access book summarizes research being pursued within the FENIX project funded by the
EU community under the H2020 programme the goal of which is to design a new product service
paradigm able to promote innovative business models to open added value to the vessels and to
create new market segments. It experiments and validates its approach on three new concepts of
added-value specialized vessels able to run requested services for several maritime sectors in
the most effective efficient economic valuable and eco-friendly way. The three vessels share
the same lean design methodology IoT tools and HPC simulation strategy: a lean fact-based
design model approach which combines real operative data at sea with lean methodology to
support the development and implementation of the vessel concepts IT customized tools to
enable the acquisition processing and usage of on board and local weather data through an IoT
platform to provide business services to different stakeholders HPC simulation providing a
virtual towing tank environment for early vessel design improvement and testing. The book
demonstrates that an integrated LCC analysis and LCC strategy to guarantee sustainability to
vessels concepts and the proper environmental attention inside the maritime industry.