Inmarsat Raises Start-Ups To Certified Application Provider Status To Fast-Track Decarbonisation Innovation In Maritime Market
Inmarsat, the world leader in global, mobile satellite communications, has fast-tracked two innovative and established start-ups to Certified Application Provider status as part of this year’s ‘Decarbonising Shipping’ initiative run by venture developer Rainmaking.
The solutions, offered by VesselBot and PortXchange, have been accentuated by Rainmaking’s Trade and Transport Impact initiative which seeks to harness the power of start-ups and advanced technologies to meet UN targets on greenhouse gas (GHG) emissions.
VesselBot’s ‘Voyage TCE Optimization Decision Support System’ software uses advanced AI models that draw on both market and vessel data to support operational decision-making and increase voyage profitability. In addition to providing speed and routing optimisation based on weather conditions, the solution offers bunker procurement recommendations using real time data and measures time charter equivalent (TCE) performance at prevailing hire rates.