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12 Apr 2024

Due Diligence Needed for Maritime Tech Adoption to Minimize Risk with Digital Transformation, Says OrbitMI

OrbitMI CEO Ali Riaz (Photo: OrbitMI)

Rapid technological change, complex regulation and competitive pressures are driving digital transformation in the shipping industry. But navigating a confusing software landscape can be difficult, and sound decision-making is essential to minimize innovation risk, according to OrbitMI.Industry spending has soared in recent years on intelligent process automation solutions geared to boosting efficiency, reducing costs, curbing emissions and improving safety for shipping companies…

15 Jan 2024

Xeneta Appoints Luykx as Chief Revenue Officer

Tonia Luykx (Photo: Xeneta)

Ocean and air freight rate benchmarking and intelligence platform Xeneta has appointed Tonia Luykx to spearhead its journey to drive revenues through an industry data revolution.Luykx, who has a track record for building and scaling SaaS and tech businesses including Sift, Google, Dropbox and Amazon, has now set her sights on global logistics in the position of Chief Revenue Officer at Oslo-based Xeneta.She said, “I have always worked in organizations that challenge the status quo…

01 Nov 2023

Maritime Safety Finds a Future in the Cloud

Image courtesy Orca AI

Orca AI, headquartered in Israel and founded in 2018, has a simple yet complex premise: develop and deliver an intelligent safety platform for the maritime industry to prevent collisions. To date it has attracted attention and business globally, working with SeaSpan, NYK, MSC, Shell Shipping and Marubeni amongst others. Maritime Reporter TV recently caught up Orca AI CEO and co-founder Yarden Gross for insights on the reality today, and the promising potential for AI in the maritime sector.Yarden…

13 Sep 2023

ABS Wavesight and Procureship Partner to Optimize Marine Procurement

© Alexander Limbach / Adobe Stock

ABS-affiliated maritime software as a service (SaaS) company ABS Wavesight announced it is partnering with e-procurement platform provider Procureship to streamline maritime procurement and purchasing.The agreement will aim to provide ship owners and operators with tools to optimize their fleet operations through digitalization, reducing costs and increasing efficiency, the companies said. By offering more options for automation, ABS Wavesight boosts operational and compliance…

28 Aug 2023

Lauritzen Bulkers to Test Decision-Making Tool

Michael Jørgensen, EVP and Head of Dry Bulk at Klaveness

Bulk shipping companies Torvald Klaveness and Lauritzen Bulkers are collaborating, with Lauritzen Bulkers testing Market Manager by Klaveness for better decision-making.The software-as-a-service (SaaS) platform developed by Klaveness Chartering enables customers to be better informed about shipping markets.Niels Josefsen, CEO at Lauritzen, said: “Over the past four years, Lauritzen Bulkers has transformed from a traditional shipowner and operator to a company with increasing focus on active portfolio management.

24 Aug 2023

Kongsberg Digital and Shell Marine Introduce LubeMonitor to Market

Source: Kongsberg Digital

Currently used by Shell Marine Lubricants customers, LubeMonitor will become available to shipowners and operators through Kongsberg Digital's marketplace for maritime applications, an ecosystem of numerous applications supported by Vessel Insight SaaS-based data infrastructure.LubeMonitor combines the data from onboard oil testing, engine operating conditions, Shell LubeAnalyst laboratory results, engine inspection photos and measurements. These are used to deliver insights based on OEM recommended guidance at a total fleet…

03 May 2023

Kongsberg Digital's 'Vessel Insight' Receives Double Certification from ABS

Credit; Kongsberg Digital

Kongsberg Digital's cloud infrastructure Vessel Insight has received the American Bureau of Shipping (ABS) Product Design Assessment Certificate for SMART (INF) for data infrastructure in accordance with the ABS Smart Functions Guide, in addition to ABS CyberSafety PDA certification. This is the first time ABS has awarded this combination of endorsements to a single product.According to Kongsberg Digital, Vessel Insight is a software-as-a-service (SaaS) solution that provides vessel-to-cloud data infrastructure…

13 Apr 2023

ABS Wavesight Partners with ActZero on Maritime Cybersecurity

© Dmitry Tonkopi / Adobe Stock

ABS Wavesight, an ABS-affiliated software-as-a-service (SaaS) company, today announced a new alliance with ActZero, a managed detection and response (MDR) service provider, to help safeguard fleets from the growing threat of cyberattacks.ActZero will provide cybersecurity protection to ABS Wavesight clients alongside ABS Wavesight’s portfolio of vessel and voyage management tools. “Offering ABS Wavesight users a cyber solution is not just a natural next step; it’s a necessary one,” said Paul Sells, CEO of ABS Wavesight.

03 Jan 2023

Teledyne Acquires ChartWorld International

(Photo: Teledyne)

Teledyne Technologies Incorporated announced today that it has acquired ChartWorld International Limited and affiliates. ChartWorld, headquartered in Cyprus, with additional locations in Hamburg, Singapore, Vancouver and Tokyo, is a provider of digital marine navigation hardware and software provided through a subscription-based model. Terms of the transactions were not disclosed.Commercial maritime subscribers to ChartWorld’s software as a service (SaaS) receive free type-approved Electronic Chart Display and Information Systems (ECDIS), a lifetime warranty and global 24/7 support.

05 Dec 2022

ABS Launches Maritime Software Firm ABS Wavesight

Credit: Shinonome Studio

As digitalization in the maritime sector gains speed, the American Bureau of Shipping (ABS) has launched a new maritime software as a service (SaaS) company called ABS Wavesight, to effectively consolidate all digital products under one roof, offering ship owners a one-stop-shop for it’s A-to-Z digital solutions.In an interview with Maritime Reporter's Greg Trauthwein, Paul Sells, the CEO and the president of the newly formed ABS Wavesight provided the rationale behind the ABS decision to launch the new company.He said: "...ABS has been for over 160 years…

29 Nov 2022

UAB-Online: Digitizing Vessel Handling Workflow

(Photo: UAB-Online)

UAB-Online, creator of a digital platform for optimizing liquid bulk shipping, said it is offering a freemium model for deep sea and inland terminals to give operators rapid access to its software-as-a-service (SaaS) platform.With the freemium model, deep sea and inland terminal stakeholders can rapidly experience firsthand the platform’s benefits, which include making vessel handling operations more efficient, safer and more sustainable, and ensuring compliance with national…

07 Sep 2022

New Maritime Simulator for Port Engineering Studies

(Image: FORCE Technology)

FORCE Technology has expanded its engineering design and testing services portfolio to provide remote access to high fidelity maritime navigation simulation for the purpose of testing planned port and harbor construction projects. The new SimFlex Cloud for engineering studies unlocks time and cost savings during the planning and design phase of maritime infrastructure projects as proposed developments can be evaluated in real-time and under highly realistic conditions without…

04 May 2022

Kongsberg Digital to Digitalize Over 100 Ships for Tanker Operator

Photo credit: Adobe Stock/KDI

Kongsberg Digital (KDI) said Wednesday recently signed a fleet agreement to provide its vessel-to-cloud infrastructure, Vessel Insight to over 100 vessels. Kongsberg did not say who the client was exactly, apart from saying it was a large industrial shipowner in the tanker segment."We are very proud to announce that we recently signed a major deal to digitalize a large industrial shipowner in the tanker segment, with a  fleet agreement exceeding one hundred vessels. This is a good example of digitalization as a crucial step on the journey towards greener…

28 Feb 2022

SAYFR Gets $3m Backing from Nordic Venture Fund

SAYFR CEO Johan Rostoft. Photo courtesy SAYFR

The unique mix of data and digital solutions approach developed by safety culture specialist SAYFR has been given added momentum from the Nordic venture fund Corinthian Venture Partners (CVP).CVP has invested nearly $3m in SAYFR’s share issue to scale up SAYFR’s SaaS offering. This solution comprises unique data insights and a set of digital products which improve organizational safety culture, improvements that can help to save lives and reduce accidents and environmental pollution.

25 Jan 2022

Q88 Unveils Styrene Monomer Temperature Log and Inhibitor Depletion Tool

© newroadboy / Adobe Stock

Q88 LLC, a provider of software as a service (SaaS) technology to the maritime industry, has launched a new Styrene Monomer Temperature Log and Inhibitor Depletion Tool, available to Milbros Premium Subscribers with ships having Milbros Onboard subscriptions.Styrene Monomer needs to be stowed away from sources of heat during voyages to prevent it from polymerizing. However, during transport on chemical tankers, cooling facilities are not usually available, and there has been an…

17 Dec 2021

DNV Certifies SimFlex Cloud Simulator Platform

SimFlex Cloud also provides for navigation training using an Augmented Reality headset. Image courtesy Force Technology

DNV has certified Force Technology’s SimFlex Cloud navigation simulator platform according to DNV’s ST-0033 Maritime Simulator Systems Class D standard requirements, for the approval of simulators used for mandatory simulator-based training or as a means to demonstrate competence. DNV requires that all simulators are DNV certified when used as tools for training and examination in accordance with STCW Regulations I/12, in order to issue a DNV SeaSkill Learning Program Certificate to training providers.SimFlex Cloud is the latest development from Denmark's Force Technology.

10 Dec 2021

Danelec Marine acquires KYMA

Danelec Marine A/S signed an agreement to acquire KYMA A.S., the Norway-based specialist in digital ship performance monitoring. The combined company will be a sizeable data collection solutions provider to the maritime industry with more than 10,000 ships using its solutions globally to optimize travel routes and vessel performance, as well as reducing CO2 emissions. The company’s SaaS platform allows for automatic and digitalized data collection.

13 Oct 2021

Force Technology Debuts SimFlex Cloud Navigation Simulator Platform

SimFlex Cloud can also be used in Augmented and Virtual reality with headsets supplied by Force Technology. Photo courtesy Force Technology

Denmark's Force Technology launched SimFlex Cloud, a dedicated SaaS (Software as a Service) solution designed to offer realistic navigation training by providing global access to Force’s SimFlex simulator and the Den-Mark simulator engine and model library.Developed in-house with 25 years of navigation simulator innovation and experience at its core, SimFlex Cloud builds on the teaching value of Force Technology’s high-fidelity navigation simulators. As a cloud-based training solution…

13 Jul 2021

Tech File: ABB Ability Marine Fleet Intelligence – Advisory

ABB Ability Marine Fleet Intelligence – Advisory combines the power of cloud-based analytics and reporting with user-friendly visualizations to help shipowners, managers and charterers optimize ship performance fleet-wide.ABB Ability Marine Fleet Intelligence – Advisory is offered as a SaaS (Software as a Service), providing a complete overview of all data collected from shipboard systems, enabling a comparison of a a ship’s operational performance with another vessel, with ships built to the same specifications…

24 Jun 2021

15 Companies make the cut in PortXL Maritime Acceleration Program

Fifteen companies from 11 countries were selected by a panel of industry experts, investors and entrepreneurs for the 6th PortXL acceleration program in Rotterdam. Starting in September, they will spend three months in Rotterdam. The PortXL team and its large network of expert mentors and partners will support them in validating their technologies and scaling their businesses. The program will end on December 2, when the signed contracts between innovators and corporate partners, such as Port of Rotterdam and Van Oord, will be announced at the Shakedown event.

17 Jun 2020

Oceaneering Launches Maritime Data and Tracking Service

© kosssmosss / Adobe Stock

Oceaneering International launched a new business aiming to eliminate waste and increase transparency within the bulk commodity cargo logistics industry, the Houston-based company announced Wednesday.OceanSMART Cargo Logistics and Maritime Technology will be led by Managing Director Bryan Phillips, who comes to the team with over 25 years’ experience in the marine shipping and cargo logistics industry, most recently as chief innovation officer at Inchcape Shipping Services. He is joined by another maritime industry stalwart with over 30 years’ experience…

09 Mar 2021

Q88 and Danaos Announce Cargo History Data Integration

© aerial-drone / Adobe Stock

Q88 LLC, a provider of SaaS technology to the maritime industry, and Danaos, a provider of specialized software for shipping, announced the automated integrations to questionnaire management data for shipowners, charterers and operators.This new data-driven integration combines Danaos software's power with the efficiency of the Q88 tanker information management platform to support commercial and operational decisions that positively impact shipping digitalization. By automating routine tasks and centralizing previously distributed information…

01 Mar 2021

Satellite Data Company Spire to Go Public in Latest SPAC Space Deal

© GreenOak / Adobe Stock

Satellite data company Spire Global Inc said on Monday it has agreed to go public through a merger with blank-check acquisition firm NavSight Holdings Inc at a $1.6 billion valuation.It is the latest example of a special purpose acquisition company (SPAC) merging with a company in the space industry, following deals for the likes of space tourism company Virgin Galactic and rocket startup Astra.Spire said it expects the deal will provide it with up to $475 million in proceeds.