Teledata Marine Solutions (TMS) will launch a maritime IT consulting service and Holistic Maritime Training (HMT) platform in Hong Kong on 4 September 2009. Himanshu Joshi, the President of Teledata Marine Systems, explained the genesis of this pioneering maritime IT consulting service, “It is proven research that analysis across costs, tangible benefits and intangible benefits towards the deployment of IT services arithmetically generates ROCI at 9% per annum over a period of six years in a medium to large maritime enterprise. Taking into account the inherent cyclical behaviour of shipping revenues, the use of IT to ensure effective cost management becomes all the more important. TMS, with its years of experience in the maritime business, understands the maritime market dynamics best.