ShipIn Systems, the world’s first visual fleet management platform provider, has been selected as one of only three companies from hundreds of applications to join the Waypoint program – an initiative of Safetytech Accelerator, established by Lloyd’s Register.
The Waypoint program is dedicated to improving the commercialization of revolutionary safety and risk management technologies in the marine industry.
Throughout the 12-week process, ShipIn will collaborate with experienced mentors to refine its market positioning, expand customer reach and receive support for piloting the use of its FleetVision™ platform with a broad range of vessels to gain valuable feedback from owners and operators.
FleetVision™ uses visual analytics to improve ship-to-shore collaboration for maritime fleets by alerting shipowners, managers and seafarers to onboard events in real-time, reducing losses by 40% and increasing efficiency by 8%. The technology taps into a vessel’s live camera footage and overlays it with analytics powered by machine learning to reduce the risk of incidents and improve cargo operations across the global international shipping fleet.
The platform provides insights into operations including navigation, security, cargo handling and maintenance, enabling vessels owners, managers and crew to collaborate and make smarter decisions to improve fleet safety, efficiency and profitability.
“The sharing of real-time operational data between ship and shore is one of the latest tech developments that will help deliver a safer and lower-risk marine professional environment,” said Osher Perry, Co-Founder and CEO of ShipIn Systems.
Perry added: “We are thrilled to be working with like-minded tech and maritime experts who share our passion for making safer shipping operationally and commercially attractive, and look forward to fast-tracking our significant growth plans.”
Nadia Echchihab, Head of Innovation Programmes at Safetytech, commented: “Entry onto the Waypoint program is highly competitive, which signals a strong tranche of innovation coming into the maritime market. As we work to make operations safer and more sustainable, the potential of ShipIn’s offering stood out due to the tangible impact its insights have already made on improving onboard processes, preventing incidents and finally connecting crew and shore-based teams more closely.”
To date, the Waypoint program has engaged more than 600 technology businesses and launched 20 cutting-edge innovation pilots.
