YARA MARINE ANNOUNCES DECARBONISATION AWARD WINNER

May 12, 2022 | Marine environment & clean shipping news

The judging panel for the second edition of the Yara Marine X accelerator program for Industry startups, which seeks decarbonisation solutions for the maritime and offshore Industry, has selected EyeGauge to participate in a three-month tailored accelerator program.

EyeGauge’s software can digitally connect older equipment to enable affordable, rapid data-gathering that would otherwise be unavailable. This allows ship-owners to streamline operations and gain efficiencies that will lead to lower emissions.

Thomas Koniordos, CEO Yara Marine Technologies, said: “We congratulate EyeGauge and applaud the contribution this project will make in bringing the industry a step closer to Net Zero. Maritime is seeking sustainable solutions for a decarbonised future, and we believe that it is our duty as a clean technology provider to ensure that their product is given the best chance in a highly competitive market. We look forward to working closely together, providing access to Yara Marine’s vast technical and industry expertise and our network distribution.”

EyeGauge will receive a two-week intensive on-site bootcamp in Oslo and/or Gothenburg to identify individual project needs. Yara Marine will then arrange a three-month tailored accelerator programme to provide the skills and mentorship required to commercialise the product, as well as the chance to work hands-on alongside the Yara Marine X team. The programme will facilitate partnership opportunities, possible investments, and establish a collaborative future with Yara Marine and its network.

Michelle Canales, Head of Performance Golden Ocean Group and one of the judges, said: “The maritime industry is keen to use its innovative strengths and longstanding alliances to reduce emissions and green its operations. As ship-owners and operators, we are eager to have cutting-edge and trustworthy solutions that achieve our decarbonisation targets as rapidly as possible – and this program works towards that shared goal. I look forward to following the developments of EyeGauge as they work with Yara Marine in the coming months.”

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