Tag: digitalization

KR has signed an MoU with HD Hyundai to collaborate on the pilot project of a cloud-based next-generation smart ship solution (ISS 2.0) developed by HD Hyundai, on June 4th at Posidonia 2024, held in Athens, Greece.

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.

Posidonia 2024 starts on Monday 3rd June at the Athens Metropolitan Expo which will be flooded with over 40,000 maritime professionals from around the world as the industry is convening once again to interact, network, share learnings of times past and foresights for what lies ahead.

Indian Register of Shipping (IRS) has announced its collaboration with Mazagon Dock Shipbuilders Limited (MDL) on the pioneering technology demonstration of autonomous navigation system with dual navigation capabilities on MDL the tugboat MT Andaman.

SITA is making a move into the maritime sector, following an initial agreement with Columbia Shipmanagement (CSM) as it launches its SmartSea integrated maritime management platform.

Joint research from Lloyd’s Register (LR), Nippon Yusen Kabushiki Kaisha (NYK Line) and MTI Co., Ltd. (MTI) has identified that the adoption of data-driven Condition-Based Maintenance (DCBM) can have a significant impact on vessel efficiency and reliability. 

VIKAND and Scoutbase are partnering to introduce a data collection tool for real-time insights into crew life onboard ships.

The Smart Maritime Council recently unveiled Version 1.0 of the Standardised Vessel Dataset (SVD) for Noon Reports. 

Maritime charities, the International Seafarers’ Welfare and Assistance Network (ISWAN), the Mission to Seafarers, and Sailors’ Society have endorsed Diversity Study Group’s (DSG) benchmarking initiative that tracks crew demographics and year-on-year trends in seafarer psychological and physical safety and wellbeing.