Leading maritime technology and digital solutions company, Tototheo Maritime and Marine Fields Holdings, a pioneer in the field of live Port call ‘time-stamp’sharing have signed a Memorandum of Understanding with the Cyprus Marine and Maritime Institute (CMMI).
The data gathering, analysis and assistance to port Call Optimisation and the precise estimation of Ship’s time of Arrival are forming the scopes of the three-way blend of knowledge that will be manifested by the MoU. In addition, the optimised shipping operations via the use of Artificial Intelligence, the dynamic Artificial Intelligence, the more efficient communications ecosystem for ship- shore communication and the Internet of Maritime are completing the aims of this collaboration.
“This collaboration is in line with our long-term philosophy that the future of shipping is in knowledge sharing and keeping an open mind to new ideas, business models and structures”, said Tototheo Maritime co-CEO, Socrates Theodossiou. Andreas Chrysostomou, CEO of MarineFields Holdings, concurred and added that: “The complexity and frequency of interactions between the different components of the maritime ecosystem are what make our industry so dynamic. It is essential to capture all these interactions and extract the information required for each activity at the right time and in the right way, in order to increase efficiency and ensure sustainability”.
Zacharias Siokouros, CEO of the CMMI welcomed this trilateral partnership, stating that “the growth of the maritime industry is driven by innovative products, methods and processes. To develop those -in response to the real needs of the industry- the exchange of know-how and the creation of synergies between businesses and research organizations is crucial. “
About Tototheo Maritime
Tototheo Maritime specializes in innovative, efficient, and functional solutions in the fields of digitalization, satellite and radio communication, automation, and navigation systems. Headquarters are located in Cyprus with an office in Greece and partner offices in Dubai and Singapore.
Our vast experience in the maritime sector provides us with the unique advantage of in depth understanding of our customers’ needs combined with our dynamic approach towards innovative technologies, thus allowing our clients to generate more value out of their daily operations.
Tototheo Maritime operates in a connected dynamic and sustainable maritime sector, supported by reliable and efficient connectivity and innovative technologies – all underpinned by the Tototheo values.
We conduct our business with honesty and transparency, offering equal terms of treatment without prejudice. Our team’s foremost goal is to listen and confidently trek into the future while keeping a firm link to the present. www.tototheo.com
MarineFields is an impartial company that was established in February 2017 in Limassol. It is manned by people with a long and established experience in the shipping industry, they are associate partners of STM Validation Project and have signed MoU agreements and collaboration contracts with global Industry leaders, governments, and organizations. They are also participants of the International PortCDM Council.
Their vision is to provide one interface for everyone to share time stamp data to each other; port actors to be connected to other port actors; and for ports and port actors to be connected to outside actors (shipping companies and other ports). www.marine-fields.com
About the Cyprus Marine and Maritime Institute (CMMI)
CMMI, is an independent, international, scientific, and business Centre of Excellence for Marine and Maritime Research and Innovation that aims to be driven by the needs of the Industry and Society in addressing the major Challenges that the respective sectors face. CMMI, was established in 2019 following its selection for funding under the EU’s HORIZON 2020 Programme, Spreading Excellence and Widening Participation Call, after a three-year highly competitive evaluation process among approximately 200 proposals at EU level. It was awarded €30 million funding from the EU Commission and the Cyprus Government while more than €25 million are to be provided by partners and industry and academia stakeholders mainly as in-kind contributions.