Tag: <span>Business Optimisation</span>

Windward launches AI-powered predictive intelligence solution
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Windward launches AI-powered predictive intelligence solution

Windward, the predictive maritime intelligence company, has launched its next-generation Maritime Predictive Intelligence solution powered by Maritime Artificial Intelligence Analytics (MAIA). Consisting of 10bn datapoints and 300 behavioural analysis models, MAIA empowers organisations to make smarter and faster decisions and optimise operations. MAIA screens, searches and analyses dynamic maritime data to connect the dots and...

Unnecessary maintenance could be costing £15m per asset, says LR
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Unnecessary maintenance could be costing £15m per asset, says LR

Lloyd’s Register (LR) has reported that as much as 40 per cent of maintenance work carried out by Floating Production Storage and Offloading (FPSO) vessel operators is unnecessary. By reducing these unwarranted manhours, operators could save on average almost £600,000 per asset each year, which is equivalent to £15m over an assets’ life. By applying...

Seabury and LR team up to help clients navigate OPEX and CAPEX challenges
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Seabury and LR team up to help clients navigate OPEX and CAPEX challenges

Maritime investment banking and industry advisory company Seabury Maritime, LLC has formed a strategic partnership with Lloyd’s Register (LR) to support maritime clients with key business decisions. Seabury Maritime, a subsidiary of Seabury Capital Group, will work with LR to build a platform to help shipowners and other shipping stakeholders better assess the risks and...

Implementing technology a minor part of shipping’s digital transformation
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Implementing technology a minor part of shipping’s digital transformation

Failure to achieve a successful digital transformation can be the result of relying too much on technology and not investing enough in people and organisational change, says Anthony Veder’s digital development manager, Sifra Westendorp. Speaking at Digital Ship’s maritime forum in Rotterdam yesterday, Ms Westendorp told delegates that she sees many companies focussing on how...

Exploit before you explore, says Western Bulk’s head of digital strategy
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Exploit before you explore, says Western Bulk’s head of digital strategy

Recognising current opportunities, exploiting them, allowing yourself to be challenged, and implementing a company culture that focuses on integration and data sharing is vital to efficient and cost-effective shipping. Exploiting current business models and making changes that can be hard for people to accept is where every shipping company should start in their journey of...