Software Market News

Maritime software brands Ripple and Marine Learning Systems are joining forces, coming together under a single brand focused on crew training and marine operations.The firms, both acquired by technology holding company Bleecker Street Group in 2023, have merged to become Ripple Operations.Post-merger, the new entity will provide human capital management, crew operations, training, learning and development solutions to maritime operators, supporting hundreds of thousands of mariners and operators across the ferry, cruise, offshore, fishery and tug, tow and barge industries.

Singapore-based offshore marine services provider PACC Offshore Services Holdings Ltd (POSH) and the maritime logistics solutions provider Pacific Carriers Limited (PCL) have selected ABS Nautical Systems  (NS) fleet management software to support their digitalization strategy.Both PCL and POSH are part of Kuok Singapore Limited (KSL) Maritime Group of companies, with competencies extending across offshore marine services, commercial shipping and marine engineering. Both POSH and PCL operate a combined fleet of 245 vessels including tankers, bulkers as well as offshore support vessels.The deal is for multiple NS modules to support the digitalization of workflows including fleet maintenance, purchasing and compliance.

The global Shipping Software market is valued at 1160 million in 2018 and is expected to reach 1880 million by the end of 2024, growing at a CAGR of 8.3% between 2019 and 2024.The shipping software market stands tall as one of the most proactive industry verticals, claims a study by Market Study Report LLC. The study forecasts this space to accrue substantial proceeds by the end of the projected period, aided by a plethora of driving forces that will fuel the industry trends over the forecast duration.A gist of these driving factors, in tandem with myriad other dynamics pertaining to the shipping software market, such as the risks that are prevalent across this industry as well as the growth opportunities existing in Shipping Software market…

UniSea AS, a software developer and consultancy specializing in solutions for the shipping industry, has been selected by Tidewater Inc. as its partner in the digitalizing and standardizing of Tidewater’s business processes related to health, safety, environment and quality (HSEQ) and operations. The UniSea software suite will be implemented on all Tidewater vessels and in all offices in one of the largest contract’s in UniSea’s 21-year history.Tidewater Inc., headquartered in Houston…

These are difficult times for the shipbuilding industry, in particular that of Korea, which faces its worst-ever order drought. Big, medium-sized and small shipbuilders are undergoing deep restructuring as a consequence of the workload downturn. However, despite the crisis Korea is still the global leader in newbuilding deliveries, and its shipyards continue to demand, and now more than ever appreciate, improvements in all areas of management, design and production. At a time of difficulty…

The USCG has poised e-logs and SaaS to transform U.S.-flagged shipboard recordkeeping. The United States Coast Guard frequently appears behind the times when it comes to rulemaking involving shipboard technological advances. Often, by the time the USCG has a Final Rule approved for publication in the Code of Federal Regulations, the technology which that Final Rule was expected to address has been superseded by a newer form of technology. Not so, however, with electronic recordkeeping (e-logbooks) and Software as a Service (SaaS). Currently the USCG offers the “Official Logbook 706-B” in manual form free of charge to any marine operator who requests one. The 706-B is the basic pen & ink ship’s log.

Rooted in early computer-aided design (CAD) and manufacturing applications, design and construction software is firmly at the helm of most shipyards today, enabling the production of  better designed, more efficient and consistently built ships produced with measurably less waste: less waste of time, materials, man hours and most important, money. The ROI can be substantial, and is traceable throughout the entire process, across all sub sectors such as project management, purchasing, materials, labor and build sequencing.

KVH says it plans to offer affordable delivery of AWT’s global weather data to subscribing vessels over the mini-VSAT Broadband network. KVH Industries explains that it has become the WEATHERlink launch partner for KVH’s IP-MobileCast content delivery service. KVH will use IP-MobileCast multicasting technology, to deliver AWT’s high-resolution weather and ocean data to ships at sea for a low fixed monthly fee. AWT is a marine industry leader in weather forecasting and ship routing. The AWT data, which includes forecasts with wind, wave, visibility, and currents with tidal stream data, will be updated up to four times per day to help ships optimize voyage planning and safety.

A new study from Germany show rapid expansion in the maritime fleet management software sector. While shipowners are generally classified conservative in the uptake of new technology, the advent of increasingly sophisticated software solutions which manage everything from fuel  to cargo to crew make a compelling financial case to modernize quickly. Earlier this summer Germany’s Fraunhofer CML issued what is arguably the most thorough study to date which analyzes the software market as applied to shipping companies. Entitled “Fleet Management Systems 2013,” the 60-plus page report provides exhaustive detail and insightful research on software solutions from 46 providers globally, with many pages of product overview helping to measure how one system stacks up versus another.

The recent growth of the Brazilian shipbuilding industry, with the construction of more than 20 new shipyards and efforts to modernize older shipyards, has highlighted the need for more efficient ship design and construction methods. With the increased reliance on production line automation, ship design software has become even more important. Maritime Reporter and Engineering News spoke with Mr. Bruno França,CEO of  Brazilian IT company Sincronia and ShipConstructor representative in Brazil, about the relevance of CAD based ship design software in the new Brazilian shipbuilding industry. Please tell us a little about yourself and your company (Sincronia)? My name if Bruno França, I am CEO of Sincronia.

AVEVA (LSE:AVV) has expanded within the Latin America region with recent significant customer wins and 60 full time staff as it continues its rapid growth. “Latin American is a key growth area for AVEVA. The engineering software market is a significant outperformer. We very much see ourselves as key players in that success”, said Richard Longdon, CEO, AVEVA. “We have won many new customers in the region including the recently announced Promon Engenharia and SETAL Óleo e Gás”. With a focus on Oil & Gas, AVEVA has worked with the engineering community in Brazil on pre-salt discovery and has seen a significant share of new projects for design tools which include AVEVA PDMS, AVEVA’s flagship 3D engineering software become the bestselling within in Brazil.

Veson Nautical is expanding its team in Singapore, and it welcomed John Carver as the new Regional Manager; Asia Pacific Region. Carver will lead Veson’s Singapore office and team, ensuring effective professional services team management, successful execution of regional client projects and growing Veson’s revenue through strong partner, customer relationships and regional business development. John Carver and the Singapore staff will service existing Veson regional customers such as Caltex, Rio Tinto, Pacific Basin, Petronas, Gazprom Singapore, ConocoPhillips Singapore, Tesoro Singapore, Thoresen, and Crossbridge, among others. Carver comes to the company with extensive experience in the enterprise software market.

Maritime Reporter & Engineering News recently caught up with Al Carbone, creator of ShipDecision, a shipmanagement tool designed to help operators save time and money. Can you share with us some background information? Carbone As a youth I always had a fascination with math, science and technology, so it was no surprise to my friends that I ended up studying engineering. I earned my Bachelor of Engineering degree - in Electrical Engineering - in 1981 from Concordia University in Montreal.