ClassNK has awarded maritime AI company Bearing AI with the innovation endorsement for products & solutions.
The Silicon Valley-based company’s solutions are powered by deep learning ship performance models that are more accurate than traditional physics-based models.
The innovation endorsement (IE) is a certification given by ClassNK to promote the spread and development of technologies. It also aims to cooperate with technological front-runners to establish appropriate evaluation criteria for new technologies.
This endorsement reaffirms the function of Bearing AI’s platform, the ‘Bearing CII Optimiser’, a solution for managing Carbon Intensity Indicator (CII) compliance, and its capacity to optimise the commercial and operational decision-making of maritime companies.
Dylan Keil, CEO of Bearing AI, commented: “We’re honoured to receive this prestigious endorsement from ClassNK. It reinforces the industry’s recognition of Bearing AI as the leading platform for CII optimisation and emissions management. Our AI platform helps companies turn new environmental regulations into true competitive advantages; placing themselves at the forefront of this massive shift towards green shipping.”
With the IE products and solutions certification, ClassNK has examined and verified Bearing CII Optimiser’s innovative functions.
By leveraging massive quantities of real-world data and incorporating dozens of seaway variables, Bearing AI can provide recommendations for meeting and maintaining compliance, helping shipping companies make data-driven decisions with confidence.
CII is only the first of a wave of carbon emissions regulations sweeping the maritime shipping industry — with the European Union Emissions Trading System (EU ETS) close behind. Maritime companies are acting quickly, and it is clear that the industry needs a fast emissions prediction and tracking solution.
Mr Keil added: “The strides our team of AI and shipping experts has made in the application of AI to this essential industry will go far beyond CII optimisation and emissions management. Bearing AI’s solution provides shipowners and operators with carbon emissions predictions and simulations that are up to 98% accurate — the most accurate in the industry. Bearing AI is building the best — and only — purpose-built AI platform for green shipping. Our technology is going to transform the operations of the global fleet.”
