We4Sea Incentive provider of Green Award Foundation!

We4Sea joins Green Award as Incentive ProviderData analysis company that cuts the fuel bill of shipsROTTERDAM, DELFT November 8th, 2017 – We4Sea, a maritime technology company focused on increasing the fuel efficiency of seagoing ships, has joined the Green Award Foundation as an Incentive Provider. With the cooperation, We4Sea wants to express their support in rewarding high environmental standards in shipping, and to make sustainable ship operation economically more attractive. We4Sea and Green Award Foundation are pleased to announce that We4Sea will reward Green Award certified ships with a discount of 20%. This considerable discount applies to a range of We4Sea products and services for sea-going ships. The cooperation between the two companies was announced today at the heart of maritime shipping: The Europort exhibition in Rotterdam, the Netherlands.Green Award certificate implies that a ship’s performance is of such high standards of safety and quality that the ship qualifies for the Green Award requirements. Ships certified by Green Award are sustainable, environmentally-friendly and constantly looking for ways to improve their carbon footprint. These are qualities that are in line with We4Sea principles.We4Sea runs a cloud platform that offers advanced solutions to optimize the performance and reduce fuel consumption and emissions of seagoing ships. We4Sea collects vast amounts of operational data of a ship, such as position, speed, heading and engine data. This data is sent to shore, where it is enriched with other data sources, such as weather conditions, wave heights, currents and wind. Using Digital Twin technology, the proprietary algorithms and energy models of We4Sea transform this big data pool into actionable management information on how to optimize the use and configuration of a ship.In pilot projects, We4Sea has proven that using data analysis can substantially cut fuel costs, up to 20%. Using the technology is easy, as it requires no additional hardware on board of the ship and monitoring can start without a port visit.The discounts will be valid on all We4Sea monitoring modules, including EU-MRV monitoring and reporting. Besides, We4Sea offers a free-of-charge trial for a 2 months monitoring period for all Green Award certified ships, up to 2 ships per Certificate Holder.

Jan Fransen, Executive Director of the Green Award Foundation and We4Sea’s CEO Mr. Dan Veen and CTO Michiel Katgert met at Europort in Rotterdam to affirm their cooperation. As of today, We4Sea is officially becoming a Green Award incentive provider.– Dan Veen, CEO of We4Sea:"We are very happy to cooperate with the Green Award Foundation. We share the vision of Green Award to promote and award sustainable shipping. It supports our mission to improve the fuel efficiency of ships significantly."– Jan Fransen, Executive Director of the Green Award Foundation:‘We are happy to welcome We4Sea to the Green Award scheme and see many synergies. Innovative technologies become a greater reality for the maritime industry. Data analyses enable reduced fuel consumption, a choice of the most suitable fuel-efficient model and predictive maintenance, what results in great benefits for the environment and, thus, the people. “###About We4Sea We4Sea was founded in March 2016, and combines years of experience in maritime technology with research at TNO and TU Delft. The founders of the company, Dan Veen and Michiel Katgert, have a shared passion for ships, especially when they are efficient. Dan Veen has a background at ship engine manufacturer Wärtsilä and the Dutch research organisation TNO. Michiel Katgert has a background as naval architect, combined with research on ship efficiency at TU Delft and TNO. We4Sea (www.we4sea.com) is, as tech start-up, part of incubator YES!Delft in Delft, the Netherlands (www.yesdelft.nl).About Green Award The Green Award Foundation was established in 1994. Green Award is a global, independent, non-for-profit quality assurance organization that works by certifying ship managers and vessels that go beyond the industry standards in terms of safety, quality and environmental performance. The scheme is open for sea-going oil and chemical tankers, bulk carriers, LNG and LPG carriers, container carriers and inland navigation barges.The essential of Green Award is that it covers a wide range of aspects related to safety quality and the environment. Green Award brings together high quality ships, maritime service providers and ports that want to improve safety, attract quality ships and reduce environmental and safety risks. In fact Green Award acts as the platform for the industry cooperation. Green Award incentive providers (ports and maritime service providers) award ships the highest safety and quality standards of which are confirmed by the Green Award certificate with various benefits such as discounts on the port dues, products and services.With over 100 incentive providers in North and South Americas, Europe, Africa, Middle East, Australia and Asia currently participating in the scheme, Green Award motivates ship owners and managers to invest in the improvements on board and ashore and serves as a reliable indicator of the ship’s highest standards and as a Corporate Social Responsibility and risk reduction tool for shipping companies and ports.www.greenaward.org/greenaward