Singapore-based leading maritime SaaS provider, iO3 Pte Ltd, today announced a partnership with Executive Offshore. This partnership is in line with Executive Offshore’s ongoing digitalisation and Environmental, Social and Governance (ESG) drive. The first pilot project for V.IoT solutions started with the Executive Pride in September 2022. iO3 will be installing the remaining fleet with the smart systems, V.IoT, V.Sight and V.Sion.
With these add-ons to the vessels, Executive Offshore will expect optimisation of vessel performance. The V.IoT system provides key insights on fuel consumption and carbon intensity indexes for the company to continue with decisive actions in ensuring that Executive Offshore vessels further advance towards reducing their carbon emissions.
Executive Offshore will also expect to gain greater accessibility to real-time information and deeper visibility into ship to shore information enabling convenience and accessibility to the Charterers. With V.Sion and V.Sight, the crew onboard as well as shore staff can mitigate lag time and proceed to expedite situations swiftly with sufficient data. Further, in today’s day and age, it fully supports remote inspection during times of offshore delays such as waiting on weather condition.
Capt. Saravanan Alagar, Chief Executive Officer of Executive Offshore Services Sdn Bhd stated that the route to efficiency for the maritime industry is through digitalisation and he is hopeful that the collaboration between the two companies is going to be successful in achieving operational efficiencies and ESG goals for Executive Offshore.
Joanna Soh, Vice President Sales & Marketing of iO3 said, “iO3 is deeply committed towards developing pragmatic technology solutions to help accelerate maritime digitalisation. We are happy and proud to provide the full spectrum of services from shipboard infrastructure to satellite connectivity and cloud technology to the Executive Offshore fleet.” Soh added, “iO3 recognises the challenges faced by the industry when adopting digital solutions and is developing the digital tools the industry needs to achieve compliance, optimize operations, reduce costs and improve efficiency.”
In 2022, iO3 has added more capabilities to its suite of services such as weather intelligence and carbon intensity indicators. Additionally, iO3 has enhanced its software capabilities and expanded its engineering teams to support multiple deployments.
ABOUT EXECUTIVE OFFSHORE
Executive Offshore is the pre-eminent Owner and Operator of Offshore Support Vessels with a track record in Southeast Asia with various Oil Majors and Production Sharing Contractors. The company provides independent, professional and unique high quality vessel management, and consultancy services for Offshore Support Vessels (OSVs) such as Anchor Handling Towing and Supply (AHTS), Anchor Handling and Towing Vessels (AHT), Platform Support Vessels (PSV), Emergency Response and Rescue Vessels (ERRVs), accommodation barges and ROV Support Vessels.
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iO3 adopts an innovative approach in the digital evolution for maritime customers today. They provide an integrated management platform delivering IoT with built-in cybersecurity. Their overarching digital platform, JARVISS “Just A Really Very Intelligent SyStem”, is embedded with a transport accelerator protocol and secures all data transmission with AES256 encryption. It provides an open and participative infrastructure for applications to operate efficiently, allowing in-house applications (V.Suite of Services) and third-party software(s) to be integrated seamlessly.
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