Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has agreed to establish a partnership in the smart ship sector with the National Shipping Company of Saudi Arabia (Bahri) to prepare for the Fourth Industrial Revolution era.
The partnership aims to advance big data communication and allow Bahri, one of the largest providers of maritime services, to remotely monitor and control the engines and generators of vessels and be informed of repairs in advance.
Bahri launched a big data division in 2016 and saw HHI as a credible partner due to it developing smart ship technology in 2011 and applying the system to around 300 ships since.
Chung Ki-sun, Executive Vice President of Corporate Planning Office of HHI, said: “We will exert our efforts to lead our respective markets by creating synergy of our shipbuilding expertise and Bahri’s fleet management know-how.”
Anwar Siddiqui, Head of Bahri Data, added: “In just over a year since launch, Bahri Data has emerged as a critical differentiator for Bahri and has established itself as a benchmark for data-driven initiatives in the transportation industry.
“The need of the hour is a solid and reliable framework that puts data at the core of our business, and this collaboration will set the tone for distilling sophisticated transportation functions into streamlined and predictable data that helps make smarter decisions.
“This strategic undertaking with HHI Group opens up several possibilities, including using Big Data technology to generate higher revenues and ensuring improved client satisfaction through real-time data and analysis.”