Risk management firm DNV GL has announced an agreement with StormGeo to consolidate the two companies’ fleet performance solutions under one banner.
According to a statement, DNV GL’s ECO Insight and Navigator Insight solutions will now be combined with FleetDSS and ship reporting platforms from StormGeo, creating a new industry leader in fleet performance management.
The complete performance portfolio offered by the partners will include route advisory, navigation and planning, and fleet performance management services.
In addition to this, a combined fleet of more than 12,000 vessels will receive a daily service from StormGeo in route advisory, weather intelligence, navigation and planning or fleet performance.
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Per-Olof Schroeder, CEO of StormGeo, said: “Partnering with DNV GL enables us to accelerate the development of our fleet performance management offering by pooling the competence, software, and insight of both companies.
“Bringing these solutions together will give our clients even more ways to enhance the safety, efficiency, and transparency of their operations.
“Finally, it builds on our vision of establishing StormGeo as the leading provider of performance management solutions to the shipping industry.”
StormGeo and DNV GL announced today that they have signed an agreement to consolidate their fleet #performance solutions under one banner. The combination of these solutions will result in a new offering to the global #shipping industry. https://t.co/i4bkdHulMX #perfomance pic.twitter.com/pXSlY8HWEb
— DNV GL – Maritime (@dnvgl_maritime) February 7, 2019
The consolidation also creates the largest vessel performance data set and developer team in shipping, providing customers with analytics to enhance operational decision-making.
DNV GL will retain a strong connection to the new solution through its 26.4% share in StormGeo, as well as continuing technical support to ECO Insight customers.
Users will also be able to share data through DNV GL’s open industry platform Veracity.
— Port Technology (PTI) (@PortTechnology) September 10, 2018
Trond Hodne, Senior Vice President at DNV GL – Maritime, commented: “Since its introduction in 2014, ECO Insight has grown into the largest performance solution in shipping, with installations on more than 2,000 vessels. In addition, already 22 industry partners connect their data and analytics to the solution.
“ECO Insight has already been an outstanding success, and by combining it with StormGeo’s services we believe we can offer our customers a solution that not only gives broader functionality but taps into a richer data set.
“This will give our customers new and exciting services and insights to boost their competitiveness. We look forward to seeing ECO Insight going on to further success as part of StormGeo.”