Marseille-based company Traxens has closed a Series C funding round worth close to EUR 20 million ($22.7M), with the purpose of launching a global large-scale sea-land fleet of IoT tracking solutions on vessels operated by its partner shipping companies, including CMA CGM and MSC.

An Internet of Things (IoT) platform known as SMARTShip, which enables the onboard operation of multiple systems with varying degrees of autonomy, has received type approval certification from ClassNK.

Danelec Marine has introduced a new decision-support tool to enhance maritime safety and enable proactive decision-making in bridge operations.

KVH Industries has announced that KONGSBERG is its first major partner for KVH WatchTM IoT Connectivity as a Service. KVH Watch will provide connectivity for Vessel Insight, a new maritime data infrastructure solution from KONGSBERG’s Kognifai digital ecosystem.

Navis, part of Cargotec Corporation, has announced a strategic cooperation with Loginno, a logistics IoT visionary.

NAPA has become the first service provider for ClassNK-owned Ship Data Centre’s Internet of Ships Open Platform (ShipDC IoS-OP). NAPA will provide ship performance analytics and voyage optimisation capabilities for the universal platform developed to share vessel operational data between stakeholders.

Research published last year by Inmarsat on digital transformation in shipping* indicated that, on average, ship operators and managers plan to spend $2.5 million on IoT-based solutions within three years. A study from the satellite operator, which drew on a survey of 750 transport chain professionals including 125 shipowners, also indicated that maritime participants expected average IoT-driven cost savings of 14 per cent over the next five years.

A pilot project applying artificial intelligence (AI) models to detect levels of corrosion and coating breakdown on ships and offshore structures has been successfully demonstrated by ABS, Google Cloud and SoftServe.

Inmarsat and NAPA have signed an agreement to enable shipowners and managers to access and analyse real-time onboard data more efficiently through a dedicated application hosted on Inmarsat’s new Fleet Data IoT service.

Six industry experts have joined forces with Digital Ship to drive discussion and engagement around maritime digital strategies today.