Metocean Analytics is designed to provide real-time access to metocean data (wind conditions, waves, currents, and other marine parameters).

In days gone by, managing maritime operations was often done with limited historical data points or in-depth weather analysis tools, often resulting in lost time and money. Advancements in integrated management systems in recent years have led to improved efficiency of shipping routes leading to cost savings and reduced emissions.

A well-known example of a route that can be optimized is the Suez Canal, which connects the Mediterranean and the Red Sea. The canal saves up to 7,000 km of travel compared to the route via the Cape of Good Hope. However, traffic congestion on this route, which accounts for 12% of world trade, requires careful planning to reduce vessel waiting times. The need for sophisticated solutions is increasingly urgent amidst climate change and the need for sustainability. This is where data-driven technologies such as Metocean Analytics, part of the Sinay platform, become relevant.

Sinay is a French start-up established in 2008 that specializes in maritime data solutions. It has created the world’s largest maritime database, accessible via its Metocean Analytics service, that relies on a network of 35,000 buoys to generate actionable insights such as optimal vessel routes and best speeds. Yanis Souami, CEO of Sinay, emphasized that combining big data with AI allows maritime companies to optimize operations while protecting the marine environment. Metocean Analytics has 3 main features:

1. Real-Time Analytics in the form of metocean data that can be accessed directly to support rapid operational decision making

• Weather Risk Prediction in the form of Historical data analysis and predictive models help mitigate risks related to extreme weather conditions

• Flexible Data Access in the form of Information can be accessed through web-based interfaces, mobile applications, or APIs that are integrated with user IT systems.

Through the Real-Time Analytics feature, customers get instant access to current data such as wind, wave and current from over 250 sources. This information allows operators to plan projects with precision, reduce downtime due to unexpected weather changes, and ensure smooth operations during critical stages. On the other hand, the Weather Risk Prediction feature allows customers to analyze historical data and utilize predictive models to anticipate extreme weather risks. By understanding historical patterns and potential threats, operators can take preventive measures such as suspending construction activities during predicted storms. Through Flexible Data Access, Metocean Analytics makes it easy for customers to access information through web interfaces, mobile applications or APIs that integrate with their IT systems. This flexibility allows users to integrate their own data for more relevant analysis and ensures that critical information is always available anytime and anywhere.

Over the years, Sinay has built a diverse client base in and outside of the maritime industry. Major shipping companies such as CMA-CGM and Wallenius Wilhelmsen utilize data solutions from Sinay to improve operational efficiency as the data-driven insights it provides help the companies make more cost-effective resource allocation decisions of labor and materials, and reduce downtime during the loading and unloading process. Metocean Analytics insights are not only limited to ocean going clients, they are also highly useful for port operations. In port operations, the platform helps study the maneuverability of vessels in terminals to ensure safe berthing and disembarkation processes and enables traffic monitoring, providing real-time and historical data that supports decision-making by vessel traffic service operators and port authorities, thereby reducing the risk of delays or accidents.

Companies in other sectors that use the platform include The European Space Agency (ESA) that works with Sinay on projects involving maritime data and digital platforms. In the offshore energy sector, DEME uses insights from Sinay for effective project management, while EDF, a leader in energy, uses data from Sinay for environmental and logistics predictions. Scottish Power utilizes analytics from Sinay to support their renewable energy initiatives. In addition, organizations focused on protecting marine biodiversity, such as the French Biodiversity Agency (OFB) and ACCOBAMS, rely on Sinay’s expertise to monitor and protect marine ecosystems.

In May 2023, Sinay successfully raised approximately USD 5 million in funding through an international investment round involving participants from Europe, Singapore, Hong Kong and the US. The financial support aims to accelerate Sinay’s international expansion, particularly into the US and Southeast Asian markets, as well as enhance its product development and marketing efforts. In total, Sinay has raised close to USD 8 million, demonstrating strong market validation and confidence in the company’s dual mission to improve maritime efficiency while protecting marine biodiversity.

Refference

https://sinay.ai/en/sinay-hub/metocea n-analytics/
https://gcaptain.com/making-maritime-industries-more-sustainable-and-profitable-using-ai-algorithms/
https://alpana-ventures.ch/sinays-ai-could-be-a-game-changer-for-the-maritime-industry/
https://www.crunchbase.com/organization/sinay
https://sinay.ai/en/holiday-shipping-crunch-choosing-the-most-efficient-route-for-reduced-emissions/
https://oceans-and-fisheries.ec.europa.eu/news/data-decision-makers-sinay-raises-eu5m-thanks-blueinvest-support-2023-06-26_en

Contributor : Masyita Deta

Reviewer : Imam Buchari