Specifically, the partnership will empower interested parties to better-deal with their operational and capital expenditure challenges in today's competitive market. The tie-up will boost profitability, revenue, and operational efficiency, while addressing concerns, such as regulation, shrinking margins, geopolitical risks as well as physical and cyber security threats. 

Seabury Maritime President & CEO Edward M.A. Zimny commented

Based on our initial soft-opening with the market, we know that digitalization and decarbonization will be key components of our joint maritime operational performance assessment offering.

In addition, LR's President of Americas Marine & Offshore noted that the collaboration between the companies is at a perfect timing as the industry is in need of an advisory to identify and deal with issues and bottlenecks that are severely impacting maritime organizations’ bottom lines.