StormGeo and DNV GL Sign MoU to Accelerate Maritime Data Sharing

Oslo, Norway, 18 March 2020—StormGeo and DNV GL announced today that they have signed a Memorandum of Understanding (MoU) to drive digitalization and data standardization in the maritime industry.

In the MoU, both parties aim to strengthen the presence and integration of StormGeo’s fleet performance management and weather intelligence solutions on DNV GL’s independent data platform, Veracity. This will give StormGeo’s customers an enhanced service offering, helping them to further optimize the operations of their fleet. Veracity users will benefit from easy integration of StormGeo’s weather intelligence services that can be accessed on the Veracity Marketplace.

Thilo Dückert, StormGeo VP, Fleet Performance Management

“We are very happy to deepen the partnership with DNV GL to make data sharing for our clients even easier,” said Thilo Dückert, StormGeo VP, Fleet Performance Management. “Today StormGeo offers an integrated solution to span navigation and voyage planning, weather routing and fleet performance management. We believe this partnership signals the industry that we intend to further enhance our service portfolio to help clients improve safety and fuel efficiency of their vessels.”

“With Veracity, we have built an independent network of industry relevant companies, where the members of the network can buy, combine, share and collaborate on data to optimize their operation – all while knowing their data is safe and secure throughout the process,” said Mikkel Skou, Director of Veracity at DNV GL. “StormGeo is an important supplier to many of Veracity’s customers and we have received interest from our clients for stronger integration with StormGeo in our platform products. We now look forward to closely examine how we can do this in a manner where both companies’ customers can gain from our united strengths.”

The MOU builds on an agreement from March 2019 when DNV GL and StormGeo announced that they would consolidate their fleet performance solutions under the StormGeo banner. The agreement combined DNV GL’s ECO Insight and Navigator Insight solutions with StormGeo’s FleetDSS and ship reporting solutions. StormGeo is now servicing a fleet of more than 12,000 vessels that receive route advisory, weather intelligence, navigation and planning, or fleet performance.

About StormGeo

StormGeo is a global provider of weather intelligence and decision support services, with leading solutions for shipping, oil and gas, renewable energy, utilities, cross industry and aviation. More than 12,000 ships rely on StormGeo software or services for navigational planning, route optimization, weather and fleet performance. The company has 24 offices in 15 countries, including eight 24/7/365 global operations centers. As a participant in the UN Global Compact for Sustainable Ocean Business, StormGeo’s passion for weather and the protection of natural resources motivates us to support our clients to make informed, environmentally responsible business decisions. For more information, visit www.stormgeo.com.

About Veracity by DNV GL

To facilitate frictionless connections between different industry players, domain experts and data scientists, Veracity by DNV GL has built a secure network facilitating exchange of datasets, APIs, applications and insights. Named after one the four Vs of Big Data: Volume, Velocity, Variety and Veracity – our network is designed to help companies unlock, qualify, combine and prepare data for analytics and benchmarking. We are not looking to own data, but to help our customers and other stakeholders in our industries leverage the ever-increasing amount of data they own.

For more than 150 years DNV GL has been a trusted expert and data manager in the analogue world, connecting yards, designers, owners, operators, contractors and authorities. Now the company is fulfilling this same role in the digital domain with Veracity by DNV GL.

About DNV GL – Maritime

DNV GL is the world’s leading classification society and a recognized advisor for the maritime industry. We enhance safety, quality, energy efficiency and environmental performance of the global shipping industry – across all vessel types and offshore structures. We invest heavily in research and development to find solutions, together with the industry, that address strategic, operational or regulatory challenges. For more information visit www.dnvgl.com/maritime.