BV takes stake in NYC based OrbitMI

Bureau Veritas (BV) has announced a strategic investment in OrbitMI, a New York City based maritime software company named as one of 2023’s most innovative companies in maritime in a recent report by Thetius.

The collaboration with Bureau Veritas is aimed at accelerating the development of both existing and new data-driven solutions.

Bureau Veritas’ Marine & Offshore division and OrbitMI will address clients’ immediate regulatory and decarbonization requirements posed by CII, EU ETS and the...

https://www.marinelog.com/technology/bv-takes-stake-in-nyc-based-orbitmi/

Taking cyber risk management beyond compliance

While IMO’s 2021 cyber risk management code provides a framework for cyber resilience, there is more to combating cyber attacks than compliance alone. That’s the take away from a new report just released by mobile satellite communications giant Inmarsat. Compiled by maritime innovation consultancy Thetius, the report, Beyond Compliance – Cyber Risk Management After IMO 2021, encourages proactivity in preventing and mitigating the impact of cyber-attacks.

“Assuring data resilience and cyber...

https://www.marinelog.com/legal-safety/safety-and-security/taking-cyber-risk-management-beyond-compliance/

Ship owners pay more than US$3 million on average to hackers

New research has found that where cyberattacks in the maritime industry lead to a ransom payment, ship owners pay more than US$3 million on average to the perpetrators.

The report, which was produced by maritime cyber security company CyberOwl and global law firm HFW, has also revealed significant gaps in cyber risk management that exist across shipping organisations and the wider supply chain, despite progress made by IMO 2021.

Tom Walters, Partner of HFW, said, “It is abundantly clear from our...

https://container-news.com/ship-owners-pay-more-than-us3-million-to-hackers-every-year/

Report: Connectivity crucial to seafarers’ future welfare needs

Mobile satellite communications leader Inmarsat has sponsored a new report exploring the future of seafaring to 2050. The report offers recommendations on how shipping, training institutions and welfare services can respond to the changing needs of tomorrow’s seafarers.

The study —“A fair future for seafarers?” — has been prepared by maritime innovation consultancy Thetius.

Published with shipping’s COVID-19 crewing crisis yet to be resolved, the report takes a view of the shipping industry to...

https://www.marinelog.com/shipping/report-connectivity-crucial-to-seafarers-future-welfare-needs/

Thetius Addressing Fatigue In The Maritime Industry

Fatigue science has advanced a great deal in recent decades. Much has been discovered recently about the impacts of cumulative fatigue, not just on day-to-day decision-making but also on long-term health. However, very little of that science has been applied effectively in the maritime industry.

Innovation consultancy Thetius has released the findings of a study which indicate that the maritime industry has fallen behind other safety-critical industries when it comes to fatigue management,...

https://mfame.guru/thetius-addressing-fatigue-in-the-maritime-industry/

Seafarer Welfare Innovation Challenge

Seafarer Welfare Innovation Challenge

World Ocean Council (WOC) Supports Thetius’ Call for Proposals from Startups and SMEs to Improve Life at Sea for Mariners

17 August 2020

In partnership with Inmarsat and Shell Shipping and Maritime, Thetius has launched an Innovation Challenge in search for novel solutions to improve crew safety and welfare. Applications close on 16 September.

WOC – the Global Blue Economy Business Organization – invites support for Thetius’ efforts to seek solutions across...

https://www.allaboutshipping.co.uk/2020/08/17/seafarer-welfare-innovation-challenge/

Inmarsat, Thetius and Shell Shipping and Maritime launch ‘Crew Welfare Open Innovation Challenge’a

Inmarsat, Thetius and Shell Shipping and Maritime launch ‘Crew Welfare Open Innovation Challenge’

Challenge for start-ups and SMEs will fund and test application that helps improve the safety of deck operations, minimises fatigue on board, reduces administration on board and improves overall crew welfare.

3 August 2020: Inmarsat, the world leader in global, mobile satellite communications, has joined forces with Shell Shipping and Maritime and maritime digital consultancy Thetius to launch a...

https://www.allaboutshipping.co.uk/2020/08/03/inmarsat-thetius-and-shell-shipping-and-maritime-launch-crew-welfare-open-innovation-challengea/

2020 will be a better year for investment in maritime and logistics start-ups

Venture capital investment in the maritime sector was dominated last year by the enormous $1bn raised by US digital-first freight forwarder Flexport, but the deal masked an overall decline in investment in maritime start-ups.
According to new research from consultancy Thetius, $1.14bn was raised by start-ups last year, but without the Flexport $1bn, led by Japanese investor SoftBank, the remaining $144m represented a 24% decline on the $190m raised in 2018.
Thetius …

The post 2020 will be a...

https://theloadstar.com/2020-will-be-a-better-year-for-investment-in-maritime-and-logistics-start-ups/

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