RightShip’s mission is to enable their customers to achieve Zero Harm in the global maritime value chain – zero harm to vessels, to people, and to environment – through unique data and actionable insights.
They do this by constantly strengthening their market and product relevance, and augmenting their data and technology capabilities.
RightShip’s growth
As the need for safety in the global supply chain increases and the development of data and technology accelerates, so does the potential and the pace of RightShip’s growth. To support their growth ambition, they are currently exploring strategic options to bring in a new minority investor who shares the same mission, purpose and values as RightShip and its current shareholders.
The existing investors, BHP, Cargill and Rio Tinto, will remain as shareholders and continue to fully support RightShip through its next phase of growth. This consideration is driven by their commitment to delivering long-term value to their customers, employees, shareholders, and the global maritime industry.
Partnering with investors
Together, they will innovate their product offerings, supercharge their data, technology and AI capabilities
Their primary goal is to partner with an investor who brings not only capital, but also significant expertise in data and technology and transformational growth. They will seek a partner with the ability to provide valuable insights, resources, and track records that will support RightShip to accelerate their growth initiatives.
Together, they will innovate their product offerings, supercharge their data, technology and AI capabilities, and deliver delightful customer experiences - all with the intention of working to achieve zero harm in the maritime industry. To this end, RightShip has engaged Rothschild & Co as the financial advisor acting on behalf of RightShip and its shareholders.
Appreciation for continued support
Their decision to explore this opportunity is rooted in their dedication to maintaining the highest standards of transparency and integrity. They are early in the process and committed to conducting this process with the utmost confidentiality and discretion to prevent any market speculation or disruption.
They will keep their stakeholders informed as they progress and ensure that any decisions made are in the best interests of their valued customers, the company, its employees and their future. They appreciate the continued support and trust of their shareholders, customers, and employees as they navigate this exciting phase of their company's journey.
