STENA LINE ANNOUNCES 2022 WINNERS

May 6, 2022 | Maritime business news

Stena Line’s Propeller Prize 2022 winners, each receiving SEK 100,000, are Life Finder Systems International, in the digital communications category and Cetasol, in the field of maritime technology.

Life Finder Systems International produces intelligent alert systems that integrate into workers everyday safety routines. Cetasol was chosen for its iHelm platform, an analytical tool for small and medium-sized ships to optimize energy consumption. Both companies convinced the jury not only with their business idea, but also a documented proof of concept and scalability.

Stena Line awards the Propeller Prize annually to companies of the Baltic Sea region that have existed for no longer than five years, that exemplify the spirit of innovation and entrepreneurship and are committed to grow. With eight routes connecting 14 ports in six countries, Stena Line jopes the Propeller Prize can encourage companies that are relatively new to the market and promote partnerships, to enrich and further develop the good business climate in the region.

Monica Strandhag, Trade Manager Stena Line and Chairman of the Jury, said: “Stena Line is a family business that has been built in entrepreneurial spirit and in the belief in the world of tomorrow. As a global leader in our industry, it is natural that we want to contribute in the promotion of these values to the next generation of companies. In the jury, we were impressed by the ideas and determination all applicants for the Propeller Prize demonstrated. However, we are convinced that in Life Finder Systems International and Cetasol, we have two much deserving winners, and we wish them the best of luck on their future endeavours.”

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