12 March 2024 – NorthStandard and Orca AI have entered an exclusive partnership that will see the global marine insurer encourage its members to adopt Orca AI’s market-leading automated situational awareness solution.
Orca AI’s situational awareness platform is designed to ensure vessels can navigate safely in challenging weather conditions and through congested waters. The enhanced real time situational awareness tool enables rapid and more informed operational decision-making, reducing the likelihood of accidents or delays and ensuring a safer voyage.
The partnership will see the AI-based solution prominently feature in NorthStandard’s new Get SET! suite of innovative digital resources and practical risk-reduction tools to protect members, their crews and assets. As part of the Get SET! commitment to delivering exceptional service, NorthStandard will also incentivise members to adopt the Orca AI solution by subsidising their investments.
“Having seen how Orca AI supports the bridge team by improving their situational awareness we are confident that it reduces the number of close quarters situations. By extension this must reduce the number of collisions, so it was an easy decision to partner with them to support NorthStandard members in enhancing the safety of their operations,” said NorthStandard Global Head of Loss Prevention Colin Gillespie.
NorthStandard envisages members making significant savings as a result of using Orca AI’s advanced solution, with reduced bridge workload driving safer decisions and fewer human errors. Over time, the analysis of the available data from the Orca AI solution will allow shipowners and operators to identify safety gaps and trends in their operations that require action.
“The Orca AI platform is already used by leading shipping companies worldwide and we believe it will quickly deliver safety and operational benefits to those of our members who choose to deploy it,” Gillespie added.
Spearheading the digital revolution
Orca AI CEO and Co-founder Yarden Gross said: “We’re thrilled to be part of this first-of- its-kind collaboration with NorthStandard. The widespread availability of advanced satellite connectivity has ushered in a new era of AI-driven technologies that connect ships to shore and opened up exciting possibilities for data-driven decision-making and enhanced operational transparency.”
By continuously monitoring the maritime environment and providing real-time data and insights, the Orca AI platform equips crew members with the knowledge and skills to confidently navigate challenging marine settings. This reduces the chances of accidents or delays through improved situational awareness for the crew and better operational decision making which all help make voyages safer and more reliable.
By detecting and alerting crew to high-risk marine targets, ships can avoid unnecessary manoeuvres and speed drops, reducing fuel burn and emissions. AI helps the platform to optimize operations, thereby reducing costs and minimizing environmental impacts.
A recent analysis conducted by Orca AI showed that in 2023, 267 customer vessels reported a 26% improvement in average minimum distance sailed, and the fleet as a whole saw an overall 33% reduction in close encounters in open waters and a 40% decline in crossing events.
“We possess the world’s largest maritime visual dataset, comprising four years of data from more than 250 vessels, totalling 20 million nautical miles or 200 years of global sailing. This data is synchronized with inputs from GPS, Radar, AIS, depth, wind, rudder, and gyrocompass sensors to secure optimal accuracy,” commented Gross.
Holistic configuration
The Orca AI platform features two operational modules, the SeaPod automated navigational assistant and the FleetView application for shore offices.
SeaPod acts as a digital watchkeeper. Leveraging AI and computer vision technology, It processes multiple sources of information to detect, track and classify targets at sea, flagging potential risks to the vessel and providing real-time alerts and predictive insights to the crew.
FleetView enables fleet managers ashore to monitor and improve operational metrics, such as the number of near-miss and close-encounter events, sharp turns and sudden drops in speed under various COLREG situations.
Orca AI’s system has been granted the world’s first Product Design Assessment (PDA) certificate from class society ABS for an AI-based navigation safety platform.
The Get SET! portfolio of navigational safety products was launched in January this year with the unrolling of the NorthStandard ‘ECDIS Training Assessment’ (ETA) platform.
About NorthStandard:
NorthStandard is one of the leading providers of global marine insurance products and services across the maritime industries. Established through the merger of North P&I Club and the Standard Club in February 2023 and ‘A’ rated by S&P Global, NorthStandard has a premium income of around US$825M and provides cover for 256 million GT of mutual poolable tonnage.
From headquarters in the UK and with offices throughout Europe, Asia and the Americas, NorthStandard offers a unique blend of worldwide presence and class-leading expertise across multiple specialist areas, including P&I, FD&D, War Risks, Strike & Delay, Hull and Machinery and ancillary insurance. Its Sunderland Marine and Coastal & Inland divisions also provide cover for owners’ fixed premium P&I, fishing vessels, inland waterway and coastal trading vessels and aquaculture. NorthStandard’s comprehensive local market and sector knowledge is underpinned by continuous investments in market-leading digital technologies.
NorthStandard is a leading member of the International Group of P&I Clubs (IG) and is fully committed to upholding the shared objectives of its 12 independent member clubs, which provide liability cover for approximately 90% of the world’s ocean-going tonnage.
About Orca AI:
Headquartered in London, UK, Orca AI is the creator of a first-of-its-kind digital watchkeeper to maximize voyage safety and operational efficiency for ships and fleets.
Powered by maritime purpose-built machine learning and computer vision technologies, the Orca AI platform empowers crew to make data-driven decisions in congested waters and in low visibility conditions. Additionally, it allows fleet managers and operators to have a better understanding of their fleets’ performance and identify unsafe or risky and inefficient behaviors easily.
In 2022, Orca AI empowered the world’s first commercial autonomous voyage in partnership with Designing the Future of Full Autonomous Ships (DFFAS) and The Nippon Foundation.
Orca AI’s solution is already utilized by leading shipping companies worldwide, including Maran Tankers, MSC, SeaSpan and NYK.
https://www.orca-ai.io/
