DeepSea Technologies
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DeepSea Technologies is a maritime technology software company headquartered in Athens, Greece[1][2]. The company develops artificial intelligence and deep learning technology to create high-resolution behavior models of individual vessels. DeepSea incorporates these models with real-time weather conditions and data derived from ships to determine the optimal routes, speeds, and operating conditions for each vessel[3][4]. This enables each vessel to consume bunker fuel efficiently and emit fewer carbon emissions into the atmosphere reducing its environmental impact.[5][6][7][8]
DeepSea was founded in 2017 by Roberto Coustas and Konstantinos Kyriakopoulos[9][10]. In 2020, DeepSea secured $3M in funding from ETF Partners[11][12]. In 2021, the company raised a $5M financing round led by Nabtesco Technology Ventures, the corporate venture capital arm of Japanese engineering firm Nabtesco Corporation, with participation from The Signal Group and existing investor ETF Partners. [13][14][15]
In 2022, DeepSea announced that their customer Wallenius Wilhelmsen, a vehicle carrier operator, became the first shipping company in the world to adopt a fully AI-driven technology for voyage optimisation of their fleet[16][17][18][19][20][21][22]. According to Wallenius Wilhelmsen, DeepSea’s performance routing technology[23][3] is expected to help the vehicle carrier operator to cut down the fuel consumption of its fleet by 10% and reach their target to reduce ship emissions by 27.5% by 2030.[17][19]
In 2022, DeepSea joined the Shifts Project as a launching partner and maritime industry representative, an initiative which is studying distributional shift as one of the biggest challenges to the wider applicability of artificial intelligence across every industry. The initiative is a joint and international collaboration of academic institutions including the University of Cambridge, Johns Hopkins University, University of Basel, Lausanne, and HES-SO Valais among others, and individual researchers in the field of AI.[24][25][26]
External Links[edit]
References[edit]
- ↑ Papachristou (h_papachristou), Harry (2022-05-30). "Greek shipping's new digital in-crowd eyes global markets | TradeWinds". TradeWinds | Latest shipping and maritime news. Retrieved 2023-01-23.
- ↑ "8 under-the-radar Greek companies to keep an eye on". Sifted. 2022-08-08. Retrieved 2023-01-23.
- ↑ 3.0 3.1 "AI transforms ship routeing for emissions reduction". Riviera. Retrieved 2023-01-23.
- ↑ O'Dwyer, Rob (2021-07-13). "Seanergy cuts fuel by 8% with DeepSea AI platform". Smart Maritime Network. Retrieved 2023-01-23.
- ↑ "DeepSea: AI and Machine Learning to shape a greener future for maritime industry". SAFETY4SEA. 2021-04-06. Retrieved 2023-01-23.
- ↑ Χριστίνα, Περλέγκα. "DeepSea Technologies: «Η τεχνολογία αναβαθμίζει το μέλλον της παγκόσμιας ναυτιλίας»". www.reporter.gr (in Ελληνικά). Retrieved 2023-01-23.
- ↑ "Seanergy και DeepSea: Συνεργασία για μείωση της κατανάλωσης καυσίμου έως και 12%". Mononews. 13 July 2021.
- ↑ "The next best thing to a crystal ball prediction in shipping". Splash 247. 23 February 2022.
- ↑ Dixon (g_dixon), Gary (2022-02-14). "Getting to 99%: Roberto Coustas reveals secrets of AI optimisation | TradeWinds". TradeWinds | Latest shipping and maritime news. Retrieved 2023-01-23.
- ↑ Τσαμόπουλος, Μηνάς; newmoney, Ειδήσεις για την Οικονομία | (2022-10-23). "Κωνσταντίνος Κυριακόπουλος (DeepSea Technologies): Με ούριο άνεμο στις θάλασσες του κόσμου". Ειδήσεις για την Οικονομία | newmoney. Retrieved 2023-01-23.
- ↑ "Greek AI startup DeepSea lands €3 million to develop logistics platform for maritime industry". Tech.eu. 2020-04-27. Retrieved 2023-01-23.
- ↑ "Green tech investor ETF Partners takes stake in DeepSea Technologies". Lloyd's List. 27 April 2020.
- ↑ Lin (m_lin), Max Tingyao (2021-07-29). "Coustas' DeepSea Technologies wins backing from Signal and Nabtesco | TradeWinds". TradeWinds | Latest shipping and maritime news. Retrieved 2023-01-23.
- ↑ Ivanova, Elena (2021-08-02). "Greek AI startup DeepSea secures €5M to decarbonize maritime shipping". TheRecursive.com. Retrieved 2023-01-23.
- ↑ Lin (m_lin), Max Tingyao (2021-07-29). "Coustas' DeepSea Technologies wins backing from Signal and Nabtesco | TradeWinds". TradeWinds | Latest shipping and maritime news. Retrieved 2023-01-23.
- ↑ Newsroom. "DeepSea teams up with Wallenius Wilhelmsen | eKathimerini.com". www.ekathimerini.com. Retrieved 2023-01-23.
- ↑ 17.0 17.1 Rust (b_rust), Bob (2022-09-07). "Wallenius Wilhelmsen claims a shipping first in AI | TradeWinds". TradeWinds | Latest shipping and maritime news. Retrieved 2023-01-23.
- ↑ "Wallenius Wilhelmsen adopts fully AI-based approach to voyage optimisation". www.thedigitalship.com. Retrieved 2023-01-23.
- ↑ 19.0 19.1 Lowry, Nigel (7 September 2022). "Wallenius Wilhelmsen looks to AI to cut vessel emissions". Lloyd's List.
- ↑ "Flotte von Wallenius Wilhelmsen fahrt künftig mit KI". HANSA - International Maritime Journal. 7 September 2022.
- ↑ "Shipping AI is helping fleets cut fuel costs and emissions". The Stack. 2022-09-16. Retrieved 2023-01-23.
- ↑ "Wallenius Wilhelmsen takes a significant step towards reducing emissions from its vessels | Hellenic Shipping News Worldwide". www.hellenicshippingnews.com. Retrieved 2023-01-23.
- ↑ Dixon (g_dixon), Gary (2022-02-14). "The machines are coming: Roberto Coustas says now is the time to move on AI | TradeWinds". TradeWinds | Latest shipping and maritime news. Retrieved 2023-01-23.
- ↑ "DeepSea launches Shifts Project to help solve AI dilemma". thedigitalship.com. Retrieved 2023-01-23.
- ↑ "DeepSea Joins The Shifts Project to Solve World's Biggest AI Dilemmas". The Maritime Executive. Retrieved 2023-01-23.
- ↑ O'Dwyer, Rob (16 September 2022). "Shifts Project to study impact of distributional shift on maritime AI applications". Smart Maritime Network.
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