Some big-name liner players have supported a round of seed funding by Hamburg-based AI sustainability data platform OceanScore.
The MSC Group, Peter Dohle Schiffahrts and Columbia Shipmanagement shareholders the Schoeller family were among those participating in the recent oversubscribed seed funding round.
Launched in 2020 OceanScore is an AI-powered platform which analyses data from multiple sources to comprehensively track the main ship emissions.
It also reports on 50 ESG scores around vessel safety and reliability, environmental performance and adherence to the United Nations Sustainable Development Goals (SDGs).
MSC Group president Diego Aponte said: “MSC continues to focus on improving energy efficiency. We have decided to leverage OceanScore to provide better visibility on the environmental and broader sustainability performance of ships in our fleet.
“We will encourage our customers, charter tonnage providers and other stakeholders to join MSC in this initiative.”
OceanScore believes it can help shipowners meet the expanding ESG reporting requirements and new environmental regulations, such as the implementation of the EU Emissions Trading System (EU ETS) for shipping which will enter into force in 2024.
OceanScore co-managing director Albrecht Grell said the support of the seed funding round from prominent shipping names is an endorsement of the product.
“Their investments represent a firm vindication of our potential and the quality of our data, solutions and capabilities, while also providing a strong foundation for further growth,” Grell said.