OceanScore's ESG data platform receives high ratings from new investors

This investment validates the potential and quality of OceanScore’s data, solutions and capabilities, providing a solid foundation for further growth.

The maritime industry faces increasing complexity due to expanding ESG reporting requirements and new environmental regulations, such as the EU Emissions Trading System. OceanScore, with its team of shipping experts and data scientists, is well-positioned to support the industry in its transition to net-zero emissions.

“Our team combines decades in shipping with deep engineering and data science competence. We bring that to bear when building solutions to support shipping in its transition to net-zero,” said OceanScore co-managing director Ralf Garrn.

Based on its extensive sustainability data, OceanScore has developed a solution to assist shipping in managing the upcoming challenges of the EU Emissions Trading System. This solution is gaining traction with European shipping customers and will be expanded to meet evolving market needs.

MSC, one of the investors, sees OceanScore as a valuable tool for improving visibility on the environmental and sustainability performance of its fleet.

MSC group president Diego Aponte said, “In addition to our massive investment in lower-carbon technologies and fuels, MSC continues to focus on improving energy efficiency. We have decided to leverage OceanScore to provide better visibility on the environmental and broader sustainability performance of ships in our fleet. We will encourage our customers, charter tonnage providers and other stakeholders to join MSC in this initiative.”

New investor theDOCK’s Nir Gartzman said, “OceanScore’s analyses are predicated on advanced data science and deep engineering expertise to provide effective decision-support tools to optimise sustainable fleet management. This gives us a high level of confidence in its solution.”

OceanScore takes a collaborative approach, working with top maritime companies to develop its digital tools and access detailed emissions data for model calibration. Additionally, OceanScore partners with Scope Ratings to provide independent validation of its scores, ensuring transparency and accuracy.

The investment from these reputable investors presents OceanScore with exciting collaboration opportunities and the potential for further expansion of their innovative platform.

Nominations are now open for Awards to be presented at the International Tanker Shipping & Trade Conference, Awards & Exhibition 2023 which will be held 7-8 November 2023 in Athens, Greece. Use this link for further information and to register your interest.