Sectors Business Opportunities , Engineering , Operation and Ship Management
Posted Jobs 0
Based in Silicon Valley, USA, Bearing brings operational efficiency to the shipping industry. Using Artificial Intelligence, Bearing aggregates and analyses data from multiple sources to provide actionable insights into fuel efficiency, optimal routing, and vessel performance. Backed by AI experts and through partnerships with global shippers, Bearing is helping their customers increase their profit margins and reduce greenhouse gas emissions. With the support of the company’s investors, AI Fund (founded by Andrew Ng, a leading pioneer in AI) and Mitsui & Co., Ltd., the team has successfully enlisted AI to tackle the most significant challenges within the shipping industry. Bearing is already working with some of the world’s biggest shipping companies, including: MOL, “K” Line and IINO Lines.
They are an American technology scale-up with proven solutions and the ambition to grow their business in Europe. Their target is to become the global market leader in AI technology for the commercial shipping industry.
Moving towards data-driven shipping
Bearing brings the latest advances in Artificial Intelligence to the maritime shipping industry, helping companies to:
- Reduce fuel consumption
- Optimize market opportunities
- Improve overall fleet management
Technology – The most accurate ship performance models
Bearing’s technology combines deep learning with real‑world data from a wide variety of sources to automatically generate hyper-accurate ship performance models, capable of predicting fuel consumption, speed and other values far more accurately than traditional models.
Learn more and contact Bearing HERE.