In a strategic move that underscores the accelerating pace of digital transformation in the maritime industry, Denmark-based technology firm ZeroNorth has announced its acquisition of the Fleet Automatic Statistics and Tracking (FAST) platform from Belgian shipping giant Euronav. This acquisition not only marks a significant expansion of ZeroNorth’s digital offerings but also heralds a new era of enhanced operational efficiency and sustainability in maritime logistics.
FAST: A Beacon of Digital Innovation
The FAST platform, renowned for its advanced high-frequency data collection capabilities, has been instrumental in optimising Euronav’s fleet operations. By facilitating real-time data acquisition from onboard sensors, FAST has enabled improved ship reporting, voyage optimization, and overall vessel performance. This integration of technology has led to notable reductions in fuel consumption and operational expenses, aligning with broader industry goals of sustainability and efficiency.
A Partnership for the Future
With this acquisition, Euronav transitions to a customer of ZeroNorth’s comprehensive platform, signaling a deepening of collaborative ties between the two entities. The integration of FAST’s capabilities with ZeroNorth’s platform is expected to yield significant advancements in data-driven maritime operations, offering a blueprint for the industry’s journey towards zero emissions.
Investing in a Sustainable Maritime Ecosystem
ZeroNorth’s Chief Growth Officer & EVP, Pelle Sommansson, emphasised the transformative potential of incorporating FAST into their platform, highlighting the pivotal role of high-frequency data in overcoming industry challenges. Euronav’s Operations Manager, Patrick Declerck, echoed this sentiment, underscoring the partnership’s alignment with Euronav’s sustainability ambitions and its impact on fostering a greener shipping industry.
About ZeroNorth
ZeroNorth is at the forefront of digital innovation in the maritime sector, dedicated to optimising vessel operations and promoting sustainability through cutting-edge technology solutions. With a focus on data-driven decision-making, ZeroNorth is helping shape the future of global trade and environmental stewardship in shipping.
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