Kongsberg Digital

Connected Ship Market to Reach $12,262.0 Million, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Retrieved on: 
Monday, April 1, 2024
Seaspan ULC, Statistics, Iridium Communications, PDF, Competition, Communication, Partnership, Internet of things, CMA, Insight, Research report, Kongsberg Digital, CMA CGM, European, Ship, Safety, CNES, Chart, USD, Table, Shipbuilding

WILMINGTON, Del., April 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Connected Ship Market by Application (Fleet Operations, Vessel Traffic Management, and Fleet Health Monitoring), Installation Type (On-Board, and Onshore), and Ship Type (Commercial and Defense): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global connected ship industry size generated $6,801.3 million in 2022 and is estimated to reach $12,262.0 million by 2032, exhibiting a CAGR of 6.3% from 2023 to 2032.

Key Points: 
  • The agreement involves collaborations with other companies to leverage Seaspan's groundbreaking Digital Holoship program for their own marine technology advancements.
  • This collaboration allows Alpha Ori Technologies to integrate with Vessel Insight, Kongsberg Digital's secure vessel-to-cloud data infrastructure.
  • In May 2021, Iridium Communications Inc. introduced Iridium Certus, a dependable satellite link facilitating uninterrupted transmission of cargo and ship tracking information.
  • Procure Complete Research Report (PDF with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) - https://www.alliedmarketresearch.com/global-connected-ship-market/purcha...

Connected Ship Market to Reach $12,262.0 Million, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Retrieved on: 
Monday, April 1, 2024
Seaspan ULC, Statistics, Iridium Communications, PDF, Competition, Communication, Partnership, Internet of things, CMA, Insight, Research report, Kongsberg Digital, CMA CGM, European, Ship, Safety, CNES, Chart, USD, Table, Shipbuilding

WILMINGTON, Del., April 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Connected Ship Market by Application (Fleet Operations, Vessel Traffic Management, and Fleet Health Monitoring), Installation Type (On-Board, and Onshore), and Ship Type (Commercial and Defense): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global connected ship industry size generated $6,801.3 million in 2022 and is estimated to reach $12,262.0 million by 2032, exhibiting a CAGR of 6.3% from 2023 to 2032.

Key Points: 
  • The agreement involves collaborations with other companies to leverage Seaspan's groundbreaking Digital Holoship program for their own marine technology advancements.
  • This collaboration allows Alpha Ori Technologies to integrate with Vessel Insight, Kongsberg Digital's secure vessel-to-cloud data infrastructure.
  • In May 2021, Iridium Communications Inc. introduced Iridium Certus, a dependable satellite link facilitating uninterrupted transmission of cargo and ship tracking information.
  • Procure Complete Research Report (PDF with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) - https://www.alliedmarketresearch.com/global-connected-ship-market/purcha...

The Metals Company Provides Third Quarter 2023 Corporate Update

Retrieved on: 
Thursday, November 9, 2023
Environmental issues, AMS, Attention, Digital twin, International Seabed Authority, Engineering, Kongsberg Digital, Collection, Exercise, Texas Gulf Coast, Allseas, PFS, House, Letter, Council, TMC, Project Zero, EIS, ISA, AI, VWAP, ESG, Rare-earth element, Cryptocurrency, Security (finance), Renewable energy

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the third quarter ending September 30, 2023.

Key Points: 
  • NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the third quarter ending September 30, 2023.
  • The offshore EIS process is generating very encouraging insights based on last year's nodule collection test which are informing our designs and plans.
  • TMC reported net loss of approximately $12.5 million, or $0.04 per share for the quarter ended September 30, 2023, compared to net loss of $27.9 million, or $0.12 per share, for the quarter ended September 30, 2022.
  • ET to provide an update on recent corporate developments, third quarter 2023 financial results and upcoming milestones.

The Metals Company Releases Second Annual Impact Report

Retrieved on: 
Tuesday, October 31, 2023
Benchmark, Benchmark Mineral Intelligence, EIS, Disclosure, Progress, Cobalt, CCZ, GRI, AI, Handbook, STEM, Communication, Social impact assessment, KPI-driven code analysis, SINTEF, Thought, Metal, Carbon, University, CO2, Task Force on Climate Related Financial Disclosures, TMC, The Metals Company, Map, Digital twin, Data collection, ESG, Clipperton Fracture Zone, Copper, Nickel, Research, Manganese, Blue economy, The Blue Economy, Task force, Outline, Sustainability accounting, CSIRO, Sustainable Development Goals, Climate, SIA, USP, Kongsberg Digital, Alloy, EIA, Renewable energy, Mining

With our second Impact Report, we detail how we can responsibly tap the planet's largest source of key battery materials to supply the energy transition while minimizing its environmental, climate and social impacts.

Key Points: 
  • With our second Impact Report, we detail how we can responsibly tap the planet's largest source of key battery materials to supply the energy transition while minimizing its environmental, climate and social impacts.
  • Benchmark’s LCA shows the NORI-D Project model performed better in almost every impact category analyzed than all the land-based routes analyzed.
  • TMC’s 2022 Impact Report was prepared using the Global Reporting Initiative (GRI) Standards as guidance.
  • To access TMC’s 2022 Impact Report, click here .

TMC and Kongsberg Digital Announce Next Phase of Agreement to Bring AI and Hybrid Machine Learning to Future Deep-sea Nodule Collection Operations

Retrieved on: 
Wednesday, September 6, 2023
Kongsberg Digital, AMS, Digital twin, History, The Metals Company, Environmental monitoring, TMC, Collection, Mining, AI, Environment, ROV, Medical imaging, 3D printing

The Company believes its AI-driven virtual operating environment will enable one of the most transparent natural resource projects in history.

Key Points: 
  • The Company believes its AI-driven virtual operating environment will enable one of the most transparent natural resource projects in history.
  • Hovering the cursor over the collector vehicle can callout its speed, direction, depth, efficiency metrics at any point in time.
  • The AMS will draw on expert opinion and hybrid machine learning to improve operational efficiencies and potentially reduce environmental impacts over time.
  • TMC believes that the AMS that it is currently developing has potential applications beyond the nodule collection industry and may look to explore these in the future.

Nordic Oil and Gas Firms Innovate as Challenges Mount

Retrieved on: 
Wednesday, March 8, 2023
Networks, Data Analytics, Professional Services, Technology, Software, Cloud, TCS, Orange Business Services, Accenture, Rising Star, Tietoevry, Research, CGI, Kongsberg Digital, Wipro, Carbon, LTIMindtree, Research report, EY, IBM, Enterprise asset management, DNV, PwC, Infosys, Cloud computing, Data management, COVID-19, ISG, Renewable energy, Nordic

“Producers in the Nordics have responded strongly to rising demand for both oil and gas and green energy resources,” said Ola Chowning, partner, North Europe, at ISG.

Key Points: 
  • “Producers in the Nordics have responded strongly to rising demand for both oil and gas and green energy resources,” said Ola Chowning, partner, North Europe, at ISG.
  • At the same time, Nordic oil producers are standing by commitments to achieve regional net-zero goals and reduce the environmental impact of fossil fuel extraction, the report says.
  • “Decarbonization will be a major issue for oil and gas companies in the Nordics for years,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.
  • Filling these jobs is especially challenging due to relatively high wages in the region and potential employees’ concerns about the future of oil and gas.

ABS Launches ABS Wavesight™, a New Maritime Software Company Dedicated to Leading Fleet Operations into the 21st Century

Retrieved on: 
Wednesday, November 30, 2022
Software, Networks, Fleet Management, Robotics, Data Management, Technology, Automotive, Artificial Intelligence, Other Transport, Maritime, Transport, Other Technology, Digital, Seamanship, Multimedia, Kongsberg Digital, API, Maintenance, Classification, Century, Software as a service, ABS, Safety, Shipbuilding, Risk management

ABS today announced the launch of ABS Wavesight, a new maritime software as a service (SaaS) company dedicated to helping shipowners and operators streamline compliance while maintaining competitive, more efficient, and sustainable operations.

Key Points: 
  • ABS today announced the launch of ABS Wavesight, a new maritime software as a service (SaaS) company dedicated to helping shipowners and operators streamline compliance while maintaining competitive, more efficient, and sustainable operations.
  • View the full release here: https://www.businesswire.com/news/home/20221129005863/en/
    ABS Launches ABS Wavesight, a New Maritime Software Company Dedicated to Leading Fleet Operations into the 21st Century (Photo: Business Wire)
    Built on ABS 160-year legacy of maritime innovation and safety, ABS Wavesight combines the industry-leading platforms Nautical Systems and My Digital Fleet, which are collectively installed on more than 5,000 vessels across the global fleet.
  • ABS Wavesight, an ABS-affiliated company, is a global leader in the maritime technology industry pushing to decarbonize operations at sea through digitalization.
  • Built on the successes of ABS industry-leading My Digital Fleet and Nautical Systems platforms, ABS Wavesight provides maritime clients innovative fleet management software to improve the reliability and performance of their shipping operations.

The Metals Company Contracts CSIRO-led Consortium to Pioneer Ecosystem-Based Environmental Monitoring and Management Plan for Deep-Sea Nodule Collection

Retrieved on: 
Tuesday, July 12, 2022
Technology, International Seabed Authority, SEC, Mineral, U.S. Securities and Exchange Commission, Clipperton Fracture Zone, Metal, AMS, American Metal Company, National Institute of Water and Atmospheric Research, Company, Private Securities Litigation Reform Act, Regulation, Griffith University, Kingdom, CCZ, Sunshine Coast, CEO, TMC, Sunshine Coast, Queensland, Review, Kongsberg Digital, Ownership, NEW, GLOBE, COVID-19, Biodiversity, Time, Atmospheric Research, Machine learning, Digital twin, Collection, Forward-looking statement, Research, Pacific Ocean, University, National Institute, NIWA, Partnership, Renewable energy, Rare-earth element, Risk management, CSIRO

A core component of this system will be the Companys Digital Twin , which is expected to provide robust scenario testing of seafloor mine plans, monitoring of nodule collection operations and a dynamic dashboard for review by stakeholders.

Key Points: 
  • A core component of this system will be the Companys Digital Twin , which is expected to provide robust scenario testing of seafloor mine plans, monitoring of nodule collection operations and a dynamic dashboard for review by stakeholders.
  • Gerard Barron, Chairman and CEO of The Metals Company, said: Last year our subsidiary, NORI, completed environmental baseline studies in partnership with leading marine research institutions.
  • The Metals Company hasinvested significant resources in its deep-sea environmental baseline program, and in November 2021 the Company entered into an agreement with Kongsberg Digital to develop a Digital Twin.
  • TMC cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

The Metals Company Provides Q4 2021 and FY 2021 Corporate Update and Details Key Strategic Announcements Bringing TMC Closer to Unlocking the World’s Largest Estimated Source of Battery Metals

Retrieved on: 
Thursday, March 24, 2022
Zero, Carbon, Environmental issues, Allseas, CEO, International Seabed Authority, Republic, Atlantic Ocean, Nasdaq, GLOBE, Solution, Kongsberg Digital, Cobalt, MTPA, International Renewable Energy Agency, Completeness, The Hidden Gem, CCZ, Environmental impact statement, Project Zero, Metal, Manganese, Department, ISA, Assembly, Technology, Collection, U.S. Department of Defense Strategy for Operating in Cyberspace, Letter, Port of Rotterdam, Investment, Growth, Board, Parity, Science, Board of directors, Comment, Government, EIS, Review, Industrial ecology, TPA, Port, Company, Nickel, Yale Journal on Regulation, Ecology, Clipperton Fracture Zone, TMC, Deep Ocean mission, Copper, Environmental impact assessment, Biophysical environment, Rainforest, Mobile phone, Cryptocurrency, Animal, Audit

Russia currently represents 20% of Class 1 nickel supply and China controls most of future nickel production growth through investments in Indonesian rainforest nickel.

Key Points: 
  • Russia currently represents 20% of Class 1 nickel supply and China controls most of future nickel production growth through investments in Indonesian rainforest nickel.
  • Our NORI-D project alone is ranked as the worlds largest undeveloped nickel project and we expect nickel to represent roughly half of our expected future revenues at current metal prices.
  • The countrys first manned ocean mission to carry out deep ocean exploration of non-living resources took place in October 2021.
  • TMC will hold a conference call today at4:30 p.m. ETto provide an update on recent corporate developments, fourth quarter financial results and upcoming milestones.

Cenosco Joins Open AI Energy Initiative, Brings Asset Integrity Software

Retrieved on: 
Tuesday, March 22, 2022
Data Management, Engineering, Communications, Technology, Manufacturing, Software, Public Relations, Investor Relations, Microsoft, Company, Organization, IMS, Microsoft Azure, Diagnosis, NYSE, Shell, Software as a service, MathWorks, CTO, Open, OAI, Azure, Software, Artificial intelligence, Enterprise, Computational science, Ecosystem, Solution, Renewable energy, Asset, Kongsberg Digital, AI, Partnership, Medical device, The Hague, C3.AI, INC., CENOSCO B.V.

C3 AI (NYSE:AI), the Enterprise AI software company, today announced that global engineering software company Cenosco will join the Open AI Energy Initiative (OAI), an open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries.

Key Points: 
  • C3 AI (NYSE:AI), the Enterprise AI software company, today announced that global engineering software company Cenosco will join the Open AI Energy Initiative (OAI), an open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries.
  • Cenoscos powerful asset integrity software suite will complement the OAIs existing capabilities, delivering an AI-powered end-to-end suite of asset integrity solutions.
  • Cenosco will offer its Integrity Management Solution (IMS) , built in collaboration with Shell, that safeguards integrity, reliability, and instrumentation safety in asset intensive industries.
  • The OAI has transformed how the energy industry operates by bringing together the best AI and software solutions, said Ed Abbo, C3 AI President and CTO.