By Mahima Chawla | May 31st, 2023
Historically it has been difficult for shipping companies to share information. Internal data is commercially and reputationally sensitive, and so was kept restricted.
As a result, previous safety analysis has relied heavily on the limited public data available. This has at best resulted in sweeping conclusions that lack detail and the critical next steps required. At worst, it has led to shipping companies focusing on the wrong issues and missing the real dangers to their fleet.
Why should you trust HiLo to deliver, where other shipping industry data analytics systems have failed before?
We knew we had to do things differently; to build a ground-breaking model that overcame past challenges. Pinpoint therefore uses 3 innovations that set it apart from previous models:
We work with our customers to utilise their full internal shipping data, meaning we have a greater volume of accurate, relevant information. This creates more accurate analysis than other systems that use more general, public data.
Rather than speculating about possible problems, we use your data to find your unique safety issues. We know the importance of pinpoint accurate data tailored to your fleet and its safety needs, rather than assuming one solution fits all fleets.
Our model is watertight, proven to be solid through independent verification by the Alan Turing Institute and Imperial College London. It is checked and updated as necessary to reflect the changing realities of life on the seas. Our models are specific to vessel types – the sea may be the same, but every vessel type has its own risks and vulnerabilities.
This continued verification ensures Pinpoint always delivers the most current data analytics in the shipping industry.
To make Pinpoint as robust as possible, HiLo drew upon the experience and wisdom of maritime experts. We held many varied workshops, with experienced crew and captains from different types of vessels. Facilitated by our own in-house mariners, our workshops uncovered the key concerns of day-to-day maritime safety, and root causes of many types of maritime incidents.
We use this real-life knowledge to ensure that our model isn’t just theoretical, but reflects and copes with the realities of the maritime world. This means Pinpoint always delivers the most effective big data analytics in maritime industry.
Pinpoint’s database complies with the highest information security requirements. We are ISO/IEC 27001-certified to ensure that sensitive shipping data is secure and independent. This means our customers can share data with us without fear.
We understand the importance of keeping your maritime data safe. All fleet analysis is anonymised, so you can see what is happening in the wider industry. The good news is that anonymisation does not stop us using data effectively to improve safety.
Using Pinpoint, HiLo can give the most effective, accurate big data analytics in maritime industry. We are unique in our approach and our impact on maritime safety.
HiLo’s customers see a huge increase in safety and drastically reduced incidents while using our services.
In 2021/22 each HiLo customer saved an average of $3 million annually.
Bulk carrier benefits included:
The full HiLo fleet saw:
Benefit from the best data analytics in the shipping industry and improve your fleet safety.
Try us out today for the best practical solutions to protect your fleet.