Hapag-Lloyd, the fifth-largest container shipping line in the world by market share, has agreed a partnership with PortChain, specialists in AI solutions for the maritime industry, to improve its fleet planning operations.
According to a statement, the two partners will work closely in order to simplify and optimize workflows within voyage control and execution.
PortChain’s predictive algorithms will assist Hapag-Lloyd’s Marine Operations teams to identify potential issues in schedules earlier, leading to greater reliability and a reduction in costs.
It will combine large amounts of data with their propriety machine learning algorithms to provide live insights on issues affecting the schedules of Hapag-Lloyd’s vessels.
As well as that, it will allow for a more proactive and collaborative way of working which both parties believe will being benefits for Hapag-Lloyd’s partners and customers.
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PortChain is a Copenhagen-based tech company that builds AI-powered planning tools for container carriers and terminals.
“We are strongly committed to further improve schedule reliability for our customers, said Jorn Springer, Senior Director, Fleet Support Center, Hapag-Lloyd.
“To do this we are always looking for better and pioneering tools that enable us to improve our voyage control.
“Portchain’s cloud-based solution provides powerful insights into the robustness of schedules and allows us to quickly make changes in real-time. We look forward to creating additional value from this partnership for our customers.”
Thor Thorup, CCO, PortChain, said the partnership will “allow us to grow our solution with one of the most important players in the shipping industry and we are excited about the value we can create for Hapag-Lloyd.”