SeaVantage Collaborates with HD Hyundai Marine Solution for ‘OceanWise CII Solution’ Launch to Optimize Fuel Efficiency and Support Maritime Decarbonization

‍Seoul, South Korea – February 1, 2025 –  HD Hyundai Marine Solution recently announced the launch of the OceanWise CII Solution, an innovative ESG-focused platform developed in collaboration with SeaVantage's advanced vessel supply chain visualization platform “SeaVantage Insight”. This state-of-the-art platform is designed to help vessel operators and charterers comply with the International Maritime Organization’s (IMO) new Carbon Intensity Indicator (CII) regulations by simulating optimal routes, forecasting voyage outcomes, and improving fleet-wide energy efficiency.

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 “As regulators and stakeholders intensify efforts to reduce greenhouse gas (GHG) emissions, the maritime industry faces increasing pressure to enhance energy efficiency and adopt sustainable practices,” said Gene Song, CEO of SeaVantage. “The OceanWise CII Solution leverages machine learning to empower operators with data-driven decision-making, ensuring compliance with IMO regulations while simultaneously enhancing operational efficiency and promoting environmental sustainability. Additionally, SeaVantage contributed to the successful launch of OceanWise by leveraging its strengths in supply chain visualization technology.”

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 In 2024, SeaVantage received a strategic investment from HD Hyundai Marine Solution. Building on this, the company plans to expand its offerings to include AI-driven logistics visualization and container reservation solutions in the future.

The OceanWise CII Solution addresses the maritime industry's core needs with the following key features:

● SEEMP Report Generation: Automatically generates Ship Energy Efficiency Management Plan(SEEMP) reports in compliance with IMO requirements.

● CII Simulator: An advanced simulation tool to evaluate the impact of various operational scenarios on CII ratings.

● Annual Calculator: Provides annual data by calculating emissions, efficiency metrics, and compliance indicators.

● Optimal Routing: Minimizes emissions using AI-powered route optimization, factoring in weather, ocean currents, and operational constraints.

●  ETS Support: Integrated tools for managing compliance with Emissions Trading Systems (ETS) and carbon credits.

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The core of this solution is an advanced simulation tool that enables users to assess multiple routes and voyage parameters based on loading and unloading ports. By incorporating key metrics such as CO2 emissions (t), fuel oil consumption (FOC), and distance (NM), it supports operators in optimizing voyage plans while adhering to the IMO’s CII framework.

The launch of the OceanWise CII Solution aligns with the global movement toward net-zero emissions in the maritime sector. Through technological innovation and data-driven decision-making, SeaVantage aims to leverage its experience. This will further strengthen its position as a leader in logistics visualization solutions by integrating AI technology.

About SeaVantage

SeaVantage is a leading provider of supply chain visibility solutions tailored to meet the needs of stakeholders in the supply chain and maritime industry. SeaVantage empowers clients with real-time and predictive data insights, providing a better approach to proactive planning and effective management of shipments.

Media Contact:

Name: Eugene S

Email Address: sales@seavantage.com

For more details about the OceanWise CII Solution or to request a live demo, please contact us at sales@seavantage.com or visit www.seavantage.com.

About HD Hyundai Marine Solution

HD HyundaiMarine Solution was established in 2016 as a standalone company focused on engineering services within HD Hyundai. The establishment involved consolidating various divisions such as Shipbuilding, Engine & Machinery, Electric Systems, and other facilities that had operated independently within HD Hyundai (previously known as Hyundai Heavy Industries Group) since its inception in 1972.

In 2023, HDHMS embarked on a new phase under the banner of HD Hyundai, building upon over 50 years of illustrious history. Leveraging our extensive expertise, we continuously innovate new models for warranty and other business ventures rooted in HD Hyundai's rich legacy of knowledge and experience. In light of regulations aimed at reducing greenhouse gas emissions, HD HMS is providing top-notch eco-friendly retrofit solutions and actively delivering real-time smart services to meet these environmental standards.

As a member of HD Hyundai, HD HMS is aligning itself with HD Hyundai's ambition to become the world's premier shipbuilder and marine engine manufacturer,' striving for innovation and fostering synergy within the group.

HD Hyundai Marine Solution, part of HD Hyundai, officially launched its IPO on May 8, 2024, making a strong debut on the Korea Exchange.