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Industries / Shipping and marine

Shipping and marine. Cost: days in drydock and fuel no charter pays for.

Grip reads voyage logs, fuel burn and charter terms, ship by ship, and names the days and fuel no charter paid for, in AED.

USD 74.3 millionOne tanker owner's drydock bill in 2025, for 30 dockings and 938 days off hire.
Proven at Scorpio Tankers

Source: Scorpio Tankers Inc., Annual report on Form 20-F for fiscal year 2025. Scorpio Tankers completed 48 drydocks in 2024 with 1,135 off-hire days (about 24 days per vessel) for USD 98.0 million, and 30 drydocks in 2025 with 938 off-hire days (about 31 days per vessel) for USD 74.3 million.

3 workflows

Where we start.

9 of 32 changes other shipping and marine companies made. Open one to see the company.

01

Price and margin

Emissions pooled, hulls cleaned on fuel data, fuel costs passed through.

ReadsShip management agreementsNoon reports and sensor data per shipHull cleaning and propeller polishing logBunker purchase invoices
Pool your ships' emissions balance each year, so cleaner ships cover the dirtier ones.
Proven at Danaos

Source: Danaos Corporation, Amended and Restated Management Agreement (Exhibit 99.2 to Form 6-K, 4 August 2026).

Clean each ship's hull when its own fuel data shows fouling, not on a fixed schedule.
Proven at ADNOC Logistics and Services

Source: ADNOC Logistics and Services, Annual Report and Accounts 2025.

Match fuel and carbon costs to the clause that passes them on, and track delay.
Proven at Kirby

Source: Kirby Corporation, Annual report on Form 10-K for fiscal year 2025.

02

Operations

Tugs and berths scheduled together, yard days held, warranted speed checked.

ReadsTug, pilot and mooring job log with request and start timesShip arrival, berthing and departure timestampsNoon reports, bunker delivery notesDrydock specifications and yard invoices
Book tugs, pilots and berths from one shared schedule, so ships are served without delay.
Proven at ADNOC Logistics and Services

Source: ADNOC Logistics and Services, Annual Report and Accounts 2025.

Check every ship's actual speed and fuel burn against the charter warranty before the charterer does.
Proven at Global Ship Lease

Source: Global Ship Lease, Inc., Annual report on Form 20-F for fiscal year 2025.

Plan each shipyard visit by days lost as well as cost, and hold the yard to the agreed days.
Proven at Scorpio Tankers

Source: Scorpio Tankers Inc., Annual report on Form 20-F for fiscal year 2025.

03

Risk and compliance

Charter rights, related customers and above-market rates priced for a downturn.

ReadsCharter parties with purchase optionsConsent and profit-share clausesCharter parties and guaranteesCharterer financial statements or ratings
List every right a charterer or lender holds over each ship, and price it early.
Proven at SFL

Source: SFL Corporation Ltd., Form 20-F for fiscal year 2025 (filed 16 March 2026).

Price every above-market charter at what the charterer could pay in a downturn, and hold security against the gap.
Proven at Danaos

Source: Danaos Corporation, Annual report on Form 20-F for fiscal year 2025.

Where a related customer carries most of your book, set payment terms as with a stranger.
Proven at ADNOC Logistics & Services

Source: ADNOC Logistics & Services plc (ADX), Annual Report and Accounts 2025.

The money at stake.

Public figures, each with its company and year. An estimate is marked.

USD 848.1 million

A global shipowner's commitments for five new container ships at end 2025.

Proven at SFL

Source: SFL Corporation Ltd., Form 20-F for fiscal year 2025 (filed 16 March 2026). SFL Corporation's assets at December 31, 2025 were 17 tankers, two dry bulk carriers, 21 container vessels, seven car carriers and two drilling rigs, plus commitments of $848.1 million for five dual-fuel 16,800 TEU container ships due in 2028.

USD 678.7 million

A UAE shipping group's money owed by related companies at end 2025.

Proven at ADNOC Logistics & Services

Source: ADNOC Logistics & Services plc (ADX), Annual Report and Accounts 2025. At end-2025 ADNOC L&S was owed USD 678.7 million gross by related parties, against USD 372.8 million of third-party trade receivables, and carried a further USD 287.8 million of accrued revenue not yet invoiced.

Grip at work

What your Grip looks like.

A sample company, in AED. Yours is built from your own files.

Ask Grip a question in a sentence, answered from the record. Sample figures.

What we stand on
01Money first

Every project shows the revenue, cost or cash it is worth, in your currency, from your own files, before you agree to it.

02Every project has proof

Every project runs on a client's Grip, was designed on our own Grip, or comes from a play a named company published, with the document we read it in.

03Your systems as they are

We read the systems you already use. Nothing to move, replace or clean up first.

04Value and money found in 2 weeks

A two-week pilot on one department, your first project live and its money delivered by Day 30, then one fixed monthly fee.

Questions

What shipping and marine companies ask first.

Three answers, each with one public figure, its company and its document.

Question 1How can AI reduce off-hire days in shipping and marine?

AI reads voyage logs, fuel burn and charter terms, ship by ship, and names the days and fuel no charter paid for, in AED. For scale: USD 74.3 million, one tanker owner's drydock bill in 2025, for 30 dockings and 938 days off hire (Scorpio Tankers).

USD 74.3 millionOne tanker owner's drydock bill in 2025, for 30 dockings and 938 days off hire.
Proven at Scorpio Tankers

Source: Scorpio Tankers Inc., Annual report on Form 20-F for fiscal year 2025. Scorpio Tankers completed 48 drydocks in 2024 with 1,135 off-hire days (about 24 days per vessel) for USD 98.0 million, and 30 drydocks in 2025 with 938 off-hire days (about 31 days per vessel) for USD 74.3 million.

Question 2What does an AI transformation programme in shipping and marine start with?

It starts with the revenue, cost and cash you are losing today, read from the systems you already use. One workflow goes first, usually price and margin, read from ship management agreements and noon reports and sensor data per ship. For scale: USD 848.1 million, A global shipowner's commitments for five new container ships at end 2025 (SFL).

USD 848.1 millionA global shipowner's commitments for five new container ships at end 2025.
Proven at SFL

Source: SFL Corporation Ltd., Form 20-F for fiscal year 2025 (filed 16 March 2026). SFL Corporation's assets at December 31, 2025 were 17 tankers, two dry bulk carriers, 21 container vessels, seven car carriers and two drilling rigs, plus commitments of $848.1 million for five dual-fuel 16,800 TEU container ships due in 2028.

Question 3How fast do shipping and marine companies see results from AI?

A two-week pilot on one department finds the value and money in your own data before you commit. Your first project goes live, and its money is delivered, by Day 30. For scale: USD 678.7 million, A UAE shipping group's money owed by related companies at end 2025 (ADNOC Logistics & Services).

USD 678.7 millionA UAE shipping group's money owed by related companies at end 2025.
Proven at ADNOC Logistics & Services

Source: ADNOC Logistics & Services plc (ADX), Annual Report and Accounts 2025. At end-2025 ADNOC L&S was owed USD 678.7 million gross by related parties, against USD 372.8 million of third-party trade receivables, and carried a further USD 287.8 million of accrued revenue not yet invoiced.

The Perspace symbol resting on the water at blue hour

Start with one workflow.

Tell us what you want to fix. In a two-week pilot we find the value and money before you commit.