Tag: Artificial Intelligence

At Posidonia 2024, ABS signed a memorandum of understanding (MOU) with HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE); HD Hyundai Heavy Industries, Co., Ltd. (HHI); and the Liberian International Ship & Corporate Registry (LISCR) to collaborate on the application of artificial intelligence (AI) to eliminate ship safety blind spots.

Stena Line can now report a significant reduction in their fuel consumption thanks to their strategic use of AI. Through its advanced Voyage Optimisation System, optimisation of vessel functions can now be done much more efficiently, while resulting in between 1-5% reduction in fuel consumption.

Orca AI has raised $23 million in new funding, led by OCV Partners and Mizmaa Ventures, taking its total raised to nearly $40 million.

Hafnia and Símbolo have expanded their Foundational AI joint venture by integrating four additional shipping partners, underscoring Hafnia’s dedication to fostering innovation in the industry.

HMM Co. is set to enhance safety management on its vessels by adopting the artificial intelligence (AI) video analysis solution DeepEyes.

The Maritime and Port Authority of Singapore (MPA) announced a collaboration with Amazon Web Services (AWS), an Amazon.com company, to support the maritime industry’s digital transformation and green transition.

Isabelle Rickmers, Founder & CEO of TURTLE, emphasizes that effective leadership is crucial for advancing ESG and sustainability initiatives, with technology and data playing essential roles in this journey. Specifically, Isabelle highlights the significance of AI and data analytics, citing the TURTLE platform as an example of how these tools facilitate trend identification and recruitment process optimization, all while ensuring transparency.

Flagship Founders has launched Sealenic, its fifth startup, which is developing an AI-powered maritime information retrieval and management platform.

Danica Crewing Specialists has introduced a new recruitment platform to accelerate crew recruitment and address the growing shortage of seafarers.

Immersive learning technologies, including virtual reality (VR) and augmented reality (AR), are reshaping the educational landscape, particularly in multifaceted safety-critical industries, argues Daniel Lever, Innovation Director Learning, Mintra.