OTC 2023: New maritime SaaS company helps users reduce carbon emissions

May 2, 2023

ABS Wavesight President and CEO Paul Sells says the company offers products and partnerships to support the modernization of fleet operations.

Ariana Hurtado

ABS Wavesight provides tools that can organize and optimize data for fleet operations of any size.

By Ariana Hurtado, Editor and Director of Special Reports

ABS Wavesight, launched in November 2022, is a new maritime software-as-a-service (SaaS) company that is using the Offshore Technology Conference (OTC) as its introduction to the industry.

ABS Wavesight boasts that its product dashboards are collectively installed on more than 5,000 vessels across the global fleet and deliver rich, real-time feedback to help fleet operators reduce their carbon footprint and drive ESG initiatives.

ABS Wavesight President and CEO Paul Sells told Offshore, "ABS Wavesight is the new ABS Affiliate maritime software-as-a-service (SaaS) company dedicated to helping shipowners and operators streamline compliance while maintaining competitive, more efficient and sustainable operations. A complement to ABS’ core classification services, the company offers products and partnerships to support the modernization of fleet operations, help owners stay ahead of shipping’s rapidly evolving technology landscape, and develop cleaner, smarter and safer shipping operations."

Technologies

ABS Wavesight is positioning itself as a software-specific organization within the ABS & Affiliated Companies enterprise, with a focus on helping users reduce their carbon emissions.

"ABS Wavesight is purpose-built; offering integrated solutions ensure a cohesive user experience that reduces costs, improves safety and designs out inefficiencies," Sells said. "Its flagship products include My Digital Fleet, an AI-driven analytics and performance visualization platform, and Nautical Systems, the fleet management system that provides comprehensive tools to improve reliability and performance. ABS Wavesight seamlessly integrates both products to offer unparalleled visibility into fleet assets and real-time insights that drive sustainable operations and reduce operational risks."

Recently, the company announced its partnership with Chevron Shipping to help improve emissions reporting practices and streamline and consolidate existing greenhouse-gas data collection practices.

In addition, ABS Wavesight promotes collaboration among industry partnerships, such as Kongsberg Digital and Sofar Ocean, with operators and owners, such as Capital Ship Management and Diana Shipping Services, which are implementing the My Digital Fleet platform to support sustainability goals.

My Digital Fleet provides fleet insights in real time. Driven by ABS Wavesight's data models, the platform lets users assess, manage and optimize a fleet with speed and precision.

Moreover, the My Digital Fleet Alliance Program is designed to "nurture an ecosystem of industry trusted partners including data and intelligence providers, technology providers and service providers to accomplish critical business outcomes for clients through integrated insights on one digital platform," the company states on its website. The program participants thus far include Kongsberg, Lloyd's List, EMH Systems, Sofar Ocean, AVEVA, Control Risks, Yellow.ai, Meteomatics, Marklink and ActZero.

For more information, visit ABS Wavesight at OTC booth 2239.

05.02.2023

About the Author

Ariana Hurtado | Editor and Director of Special Reports

With more than a decade of copy editing, project management and journalism experience, Ariana Hurtado is a seasoned managing editor born and raised in the energy capital of the world—Houston, Texas. Utilizing her editorial expertise, she helps create and oversee new special industry reports and revolutionizes existing supplements, while also contributing content to Offshore magazine, its newsletters and website as a copy editor and writer. In addition, she manages digital media for the Offshore team.