Amsterdam, 29 April 2024 – Dutch companies Jungle AI and MO4 have partnered up to increase efficiency in the offshore sector by minimising vessel downtime. This partnership has allowed the two companies to combine their groundbreaking technologies to increase uptime and profitability in the maritime sector.
Unplanned vessel downtime results in substantial losses every year. While mechanical downtime occurs due to maintenance issues, weather downtime takes place when weather conditions prevent the vessel from operating, negatively impacting the profitability and reliability of maritime operators. Combining the expertise of both Jungle and MO4 in mechanical and weather downtime allows maritime owners and operators tackle the issue in full.
“This collaboration with Jungle feels like the logical next step for us. There is strong synergy between our solutions, in this case one and one does equal three. We're thrilled about combining our technologies and are confident that this partnership will be a resounding success.” Says Mark Paalvast, managing director at MO4.
By bringing together Jungle’s predictive maintenance AI technology with MO4’s physics-based motion forecasting solution, the two companies are able to provide users with data-driven insights based on all operational and ambient conditions, producing unparalleled results. The combination of the two groundbreaking technologies allows owners and operators to add up to 20 extra days per year in weather availability and up to 10 days in additional technical uptime.
“We’re very excited to be teaming up with MO4 to speed up efficiency within the maritime industry. This partnership will allow us to leverage each other’s strengths in both mechanical and weather downtime, ensuring we create the most value for our customers”, says Arnoud Kamerbeek, Jungle’s CEO.
On top of improving productivity, Jungle and MO4 are helping offshore operators increase safety, reduce maintenance costs, and cut emissions, enhancing the overall efficiency and sustainability of maritime operations.
Jungle (https://www.jungle.ai/) enables industry leaders to regain control of their increasingly complex asset base. Leveraging existing sensors and data streams, Jungle’s Canopy product can be quickly deployed to apply the world's most powerful AI technology to increase the uptime and performance of electro-mechanical assets. With presence in industries such as onshore and offshore renewables, Jungle is actively supporting the world’s efforts towards sustainability.
MO4 (https://mo4.io/) enhances the planning and execution of offshore operations, empowering companies to optimise their vessel performance. To achieve this, MO4 offers two key services: Data Analytics and Motion Forecasting. For Data Analytics, information from motion sensors, engine sensors, AIS, GPS, and other sources is collected to provide a comprehensive overview of the vessel's performance and automatically generate Daily Progress Reports. Motion Forecasting is used to plan offshore operations and reduce weather downtime. A detailed weather forecast is used that includes all relevant wind-, wave- and current parameters for forecasting downtime. To create the motion forecast, the weather forecast is combined with a digital twin of the vessel.
Jungle - Mafalda Rodrigues, marketing@jungle.ai
MO4 - Daan van der Made, daanvdmade@mo4.online
