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Amit Shalev | The future of maritime loss prevention is digital

Amit Shalev | The future of maritime loss prevention is digital
09-12-22 / Duty Editor

Amit Shalev | The future of maritime loss prevention is digital

Munich - Large shipping losses declined by 40% in 2018 and a further 20% in 2019, according to AGCS. Overall incidents are on the rise, however, especially with navigational issues and container fires onboard cargo and ro-ro ships. When an accident happens, it becomes an arduous process to dig through layers of litigation, insurance claims and damages.

Part of what makes this process challenging is the lack of visibility within the maritime industry. Without a clear picture of day-to-day operations, there is no way of knowing what precisely caused an incident to occur.

There is a better way to handle maritime loss prevention: artificial intelligence (AI)-powered maritime CCTV.

AI-Driven Loss Prevention for the Maritime Industry

ShipIn says its FleetVisionTM combs through data from cameras placed in key areas onboard such as the bridge, cargo hold and engineering room, to monitor and surface reports of suspicious activity.

The platform automatically alerts stake-holders onboard and onshore to safety violations, creating a digital source of accuracy in all circumstances, it says adding that instead of trying to piece together disparate reports from eyewitnesses or the occasional onshore camera in port, you can accurately assess existing and potential future risks and proactively address them.

De-Risking Your Entire Fleet

Loss prevention starts with a culture of safety across your fleet. ShipIn says that a leading tanker company, for example, decided to partner with it after suffering heavy losses resulting from navigational incidents.

They needed answers to questions like:

  • Is the crew following all safety procedures?
  • Is vital maintenance of equipment being conducted at regular intervals?
  • Are safety incidents going unreported?

Once deployed, its system found the root of the problem by detecting a number of lapses in standard bridge watchkeeping practices through our “unattended bridge” report.

The AI-powered CCTV system alerted the team to the issue, which allowed the Master to brief his bridge team on the importance of maintaining a proper lookout. Introducing new training practices and building awareness across the team has significantly reduced the “unattended bridge” alerts, improving navigational safety for everyone on board.

Bridge behaviour is one of the many safety concerns that technology can proactively address onboard shipping vessels today. ShipIn says its FleetVisionTM platform proactively alerts shipowners, managers and seafarers to onboard events in real-time, reducing losses by 40% and increasing efficiency by 8%.

ShipIn says with its system, you can:

  • Ensure accurate post-incident reporting. Footage prevented a leading shipping company from liability for a USD 100,000 claim, not because of their navigational issues, but those of tugboats coming into port.
  • Streamline the claims process. If an incident does occur, you have access to footage from multiple points and angles across the ship, so you can determine an accurate observation of what happened and whether or not you are liable, in order to provide all the information to your insurer as quickly as possible.
  • Create fleet-wide safety benchmarks. Share your learnings across vessels to prevent future  incidents, allowing you to implement safety best practices more effectively and systematically shining a light on blind spots.

With data sent via the Cloud to shore in near real-time, ShipIn explained that it enables true collaboration between captains onboard vessels and operations ashore. With all incidents and performances rolling up to an analytics dashboard, which it makes it easy to benchmark performance, perform remote audits and improve the operational return on investment (ROI) of your entire fleet.

* This article was written by Amit Shalev, VP of Business Development and Strategy, ShipIn, IUMI Professional Partner, and first appeared in the IUMI Eye Newsletter, December 2022.

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