Tag: maritime data

The weather service provider, StormGeo along with the Norwegian classification society, DNV GL shake their hands and inked an MoU in order to further develop digitalization and accelerate maritime data sharing within the maritime community.

Standard Chartered Bank is the first financial institution to join TradeLens digital platform, jointly run by A.P. Moeller-Maersk and IBM. Specifically, the bank entered a formal agreement in order to make use of the platform.

CargoSmart Limited announced that nine ocean carriers and terminal operators, namely CMA CGM, COSCO SHIPPING LINES, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International, and Shanghai International Port Group (SIPG), have signed a shareholders’ agreement indicating their intention to become shareholders of the proposed Global Shipping Business Network (GSBN).

HVCC Hamburg Vessel Coordination Center, Wärtsilä and Carnival are collaborating in a digitalisation project, to ensure reliable ship arrivals, more efficient ship handling and port logistics, as well as reduced fuel consumption and emissions.

Port of Limassol in Cyprus is going to be modernized under the Sea Traffic Management in the Eastern Mediterranean (STEAM) project. In fact, STEAM goals to advance and further develop the port, so as to become a worldclass terminal equipped with modern and digital technologies.

The European Union expressed its support for the first phase of Smart System for the Evaluation and Control of Maritime Safety in Port Access and Operation development, known as Safeport. Designed by Siport21, the investment came through the SME instrument of Horizon 2020 – Research and Innovation Framework Programme.

During the 2020 SMART4SEA Athens Forum, Mr. Mike Konstantinidis, CEO, METIS Cyberspace Technology, addressed in brief the necessity for the digital transformation in the maritime, as well as the contribution of smart technologies such as Artificial Intelligence and Machine Learning in the development of a new era in shipping.

Magma Maritime launched a ship finance platform, in which through tokenization will boost fractional ownership of cargo vessels. Specifically, the company negotiates with potential investors, in order to raise an initial $200 million to purchase on modern dry bulk cargo vessels with tokenized ownership structure.

During the 2020 SMART4SEA Athens Forum, Andreas Chrysostomou, Chief Strategy Officer, Tototheo, presented the concept of data sharing platform and the importance of collaboration between all the shipping sectors.

Intra Mare announced that will provide its support to the GreenStream’s machine learning-based vessel performance optimisation software in Greece. Specifically, the machine platform will use all the available data to measure vessels' fuel consumption in order to boost their performance by saving fuel cost and reducing emissions.