RightShip - Experts & Thought Leaders
Latest RightShip news & announcements
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.
RightShip, the digital maritime platform providing expertise in safety, sustainability and social responsibility practices, has announced a strategic partnership with marine technology company Mapsea to integrate RightShip’s Safety Score and GHG Rating directly into Mapsea’s advanced navigation and voyage optimisation platform. This collaboration empowers both onshore decision-makers and crew onboard vessels to access real-time safety insights, enhancing operational safety and efficiency. Bringing safety intelligence to the front lines The Safety Score is a comprehensive metric that consolidates data, industry standards, expert reviews The Safety Score is a comprehensive metric that consolidates data, industry standards, expert reviews, and advanced statistical models into a clear, actionable score. It enables stakeholders to make informed, safety-first decisions and invest in safer processes and technologies. This integration delivers real-time vessel risk assessments directly to captains and crew, transforming how maritime professionals assess and mitigate risk on the water. Integrating into Mapsea’s platform “The Safety Score has already been a vital tool for charterers and operators to assess vessel suitability and prioritise safety,” said Ajinkya Kadam, Head of Partnerships at RightShip. “By integrating it into Mapsea’s platform, we extend these insights to those on the front lines of maritime operations, providing the intelligence they need to make safer decisions in real time.” Enhanced navigation with Mapsea Mapsea specialises in navigation systems powered by IoT, AI, and digital twin technologies. The platform enhances situational awareness and supports data-driven decision-making, offering features such as: Route Planning with Safety Intelligence: Captains can plan and adjust routes using real-time Safety Scores, ensuring safer navigation through high-traffic areas and ports. Risk Assessments in Real Time: The integration enables immediate evaluation of vessel risks, supporting safer and more informed decisions. Compliance Monitoring: The platform helps crews align with the maritime industry’s highest safety standards while maintaining operational efficiency. Advanced navigation solutions “By combining our advanced navigation solutions with RightShip’s trusted Safety Score, we are giving maritime professionals a powerful tool to navigate with greater confidence and control,” said Jisoo Kim, CEO at Mapsea. “This partnership is a significant step forward in delivering real-time safety intelligence where it is needed most—on the bridge.” Building a safer, more connected future This collaboration reflects a shared commitment to advancing maritime safety through technology and collaboration. By integrating RightShip’s Safety Score into Mapsea’s platform, both companies are equipping maritime stakeholders with the insights needed to navigate today’s complexities safely and efficiently.
ERMA FIRST, a globally renowned sustainable maritime solutions provider, has joined the RightShip Zero Harm Innovation Partners Program, which aims to promote the adoption of solutions targeting a zero-harm maritime industry. Committed to preserving and protecting the marine ecosystem, ERMA FIRST offers an extensive portfolio of future-proof maritime sustainability solutions encompassing alternative maritime power (AMP), carbon capture and storage (CCS), and energy-saving devices (ESDs). Future-proof solutions With these solutions now part of the Zero Harm Innovation Partners Program, shipowners and managers can showcase these integrated technologies to charterers, demonstrating their proactive steps towards achieving zero harm. “ERMA FIRST began life as a manufacturer and supplier of ballast water treatment systems, but has since evolved to become a pioneering provider of future-proof solutions that directly contribute to maritime decarbonisation,” said Nikos Drimalas, Sales Director, ERMA FIRST. Shoreside electrical grid Nikos Drimalas adds: “As a testament to the impact of these solutions, our newly established collaboration with RightShip will help us to reach an even wider global audience. We are proud to be involved in a programme that promises to accelerate shipping’s transition to a zero-harm industry.” By allowing vessels to shut down their auxiliary engines and draw from the shoreside electrical grid at berth, ERMA FIRST’s AMP system, BLUE CONNECT, enables emissions-free port stays, while its CARBON FIT CCS system will significantly reduce emissions at sea by capturing CO2 from exhaust gases. FLEX series of ESDs The company’s FLEX series of ESDs boost propulsive efficiency to cut fuel consumption and emissions Meanwhile, the company’s FLEX series of ESDs boost propulsive efficiency to cut fuel consumption and emissions during voyages. The first in the series, FLEXCAP, builds on the proven capabilities of propeller boss-cap fins, drawing energy from the hub vortex and converting it into torque to reduce power demand on the propeller, enhancing fuel efficiency by two to five percent as a result. Proper alignment Using a ring design to guide water flow towards the propeller, FLEXRING increases speed in areas where flow is otherwise obstructed. It also creates some thrust on the duct and, with proper alignment of the fins, a pre-swirl effect. This leads to efficiency gains of between three and seven percent. Comprising a set of fins placed and aligned with precision, FLEXFIN guides the flow around the hull in such a way that ensures more even distribution, reducing water resistance, optimising flow to the propeller, and consequently boosting efficiency by up to three percent. When used in conjunction, the three ESDs can yield energy savings of up to 16%.