Telenor Maritime signs Memorandum of Understanding with GE Vernova
Telenor Maritime has signed a Memorandum of Understanding (MoU) with GE Vernova. The intention of the strategic partnership is to promote a joint offering, providing customers a unique combined value on their digitalization journeys. The parties presented their solution at Seatrade Cruise Global event in Miami, 8-11 April.
The partnership will enable customers to deploy a wide range of GE Vernova’s digitalization tools and services through Telenor Maritime’s edge platform and managed connectivity service.
GE Vernova’s (GEV) Power Conversion business helps the world’s maritime fleets to improve their energy efficiency and reduce emissions through electrification and cleaner energy sources. Its value-added digital tools and services reflect its expertise in maritime power and energy. GEV’s Power Conversion portfolio includes remote support solutions, asset performance, and energy optimization solutions as well as cyber security compliance services for the maritime fleets.
Telenor Maritime, well known for their maritime connectivity solutions, have recently entered the domain of digitalization in the maritime industry through their Unified Hosting Service™ (UHS®), the core of the ship’s digital ecosystem. The platform gathers, contextualizes, and stores operational data from various sources on board the vessels. Applications hosted on the UHS then process and reuse this high-quality data to provide insight and enable performance optimization, cost savings, regulatory compliance, sustainability reporting and other services onboard. The data can also be utilized on shore.
Another important aspect of the UHS platform is its neutrality. This allows shipowners full control over their data, but at the same time fostering collaboration and synergy between operational data providers and other service providers onboard. This approach ensures data democracy and transparency.
"We believe that our unique neutral position will enable ship-owners to utilize operational data and digital tools more efficiently across the different systems and for the whole fleet. We are proud to be working with GE Vernova and their innovative and proven maritime solutions to help our customers to meet their digitalization and sustainability goals." says CEO of Telenor Maritime, Lars Erik Lunøe.
As an initial step, the parties have successfully completed a technical Proof of Concept (PoC) to integrate GEV’s Power Conversion software on the UHS® platform, following the validation of the value proposition and commercial model with a pilot customer.
The Memorandum of Understanding was signed at the Telenor Maritime headquarters in Arendal by Olivier Jamart, Executive Director Microgrids and Digital, GE Vernova, and Morten Martens Breivik, Chief Strategy Officer, Telenor Maritime.
“GE Vernova is pleased to be collaborating with Telenor Maritime to deliver Power Conversion’s digital tools and services, aimed at decarbonization and maintenance optimization as part of the UHS platform. The intended partnership will allow both companies to leverage their expertise in delivering a richer value proposition to the market, allowing customers to take advantage of the platform and services for their digital transformation.” Said Mr. Jamart.
Telenor Maritime looks forward to the journey ahead with GE Vernova, exploring new business opportunities, creating common services, and reaching a larger part of the market together.
The partners presented their joint offering at the Seatrade Cruise Global Event in Miami, 8-11 April this year.
For information about Telenor Maritime’s solutions and how we are leading the digital transformation at sea, please visit our website.