Mapsea, Korean Register (KR) and G-Marine Service have signed a tripartite Memorandum of Understanding (MoU) which will see the three parties collaborate on integrating and applying large-scale maritime datasets to support improved vessel management, regulatory compliance, and environmental performance.
KR will contribute its classification expertise, G-Marine (a subsidiary of Hyundai Glovis) will provide operational data from commercial fleets, and Mapsea will deliver big data and AI-powered analytics through its platform.
The companies aim to create a model for practical digital implementation across ship operations by linking data from vessel positions, weather, routing, fuel consumption and emissions. Mapsea says its platform currently draws from more than 100 million data points.
“This tripartite agreement is a structural initiative to transform accumulated data in the shipping industry into valuable industrial assets through efficiency, sustainability, digital transformation, and AI-driven systems,” said Cho Hong Rae, Co-CEO of Mapsea.
