By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
OOLP Maritime World NewsOOLP Maritime World News
  • Home
  • Maritime News
    • Top stories
    • Global Maritime
    • International Shipping
    • Cruise
    • Ports
    • Security & Piracy
  • Live Marine Traffic
  • Events
  • Company
    • About OOLP
    • Contact us
  • Blog
Reading: Mitsubishi and Magellan X Signed MOU After Completion of Trial
Share
Notification Show More
Latest News
Distressed ship Papayiannis III repaired at HIP
Port news
S. Africa eyes more corn exports to China after breakthrough
Shipping news
Crystal Serenity Enters Drydock Ahead of A&K Debut
Cruise
Malaysia Detains Chinese Ship Linked To Suspected
Global Maritime News
New Carnival Venezia Ready to Debut in Europe
Cruise
Aa
OOLP Maritime World NewsOOLP Maritime World News
Aa
Search
  • Home
  • Maritime News
    • Top stories
    • Global Maritime
    • International Shipping
    • Cruise
    • Ports
    • Security & Piracy
  • Live Marine Traffic
  • Events
  • Company
    • About OOLP
    • Contact us
  • Blog
Follow US
© 2022 - All Rights Reserved. OOLP News.
OOLP Maritime World News > Global Maritime News > Mitsubishi and Magellan X Signed MOU After Completion of Trial
Global Maritime News

Mitsubishi and Magellan X Signed MOU After Completion of Trial

Last updated: 2023/02/27 at 6:51 PM
139 Views
Share
3 Min Read
SHARE

Published
Feb 27, 2023 6:03 PM by

OOLP

Magellan X, a leading ESG technology company for building and investing in Deep Tech digital solutions, is pleased to announce the completion of a successful trial of the SOL-X innovative safety solution with MC Shipping Ltd., a global shipping company and a subsidiary of Mitsubishi Corporation.  


- Sponsored Ads -

Following this trial, a Memorandum of Understanding has now been agreed that will see Magellan X and Mitsubishi Corporation collaborate on bringing SOL-X to the Japanese maritime market and developing new business models to scale the solution. This will help to progress the digitalisation of the maritime industry, improve the safety and compliance standards on vessels, and benefit the wellbeing of seafarers. 


Agreement 


 Under the agreement, Mitsubishi Corporation will leverage its extensive industry network to co-market the SOL-X solution and support its business growth, with the objective of establishing an ecosystem of partners, across the industrial value chain, who can benefit from deploying this safety solution in their operations. 


“It is exciting to begin this partnership with Magellan X and provide our seafarers with the most advanced safety technologies available. MC Shipping’s decision to utilise the SOL-X solution reflects our long-standing commitment to take the initiative in enhancing safety of vessel operations and taking good care of our seafarers. We believe this is one of the most powerful solutions that can enable the digital transformation of the maritime industry. We look forward to a strong partnership with Magellan X to enhance and promote the value of the SOL-X solution.” Takafumi Oka, General Manager of Mitsubishi Corporation Ship Dept. 


Both companies will also collaborate on go-to-market strategies and product development beyond the maritime sector by exploring opportunities in heavy industries such as oil and gas, chemical and mining. 


“We are very proud to bring our IIoT SOL-X safety solution to the Japanese maritime market and we are excited to work with such a progressive partner as Mitsubishi Corporation. I strongly believe that the same impact we have demonstrated in the maritime industry can be applied to other heavy industries so I am thrilled to work with our partners at Mitsubishi Corporation to explore further opportunities. By leveraging SOL-X’s innovative safety and compliance technologies, we can help reduce incident risks and improve overall productivity for industrial workers. This will lead to operational savings, generate business competitiveness for operators and help them make informed decisions regarding workplace safety.” said Basheer Cassim, Group Chief Executive Officer, Magellan X.

 

- Sponsored Ads -

The products and services herein described in this press release are not endorsed by OOLP.

Source: https://www.maritime-executive.com/article/mitsubishi-and-magellan-x-signed-mou-after-completion-of-trial

You Might Also Like

Malaysia Detains Chinese Ship Linked To Suspected

Shipping emissions continue to drop ahead of MEPC 80

Cyprus Wants Shipping Corridor To Export Mediterranean

Containerships moving at all-time low speeds 

admin February 27, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link Print
Previous Article How to Cruise More Often & Take as Many Cruises as Possible
Next Article Demonstration Uses Bio-Methanol Achieving First Next-Zero Ocean Voyage
- Advertisement -

Latest News

Distressed ship Papayiannis III repaired at HIP
Port news May 29, 2023
S. Africa eyes more corn exports to China after breakthrough
Shipping news May 29, 2023
Crystal Serenity Enters Drydock Ahead of A&K Debut
Cruise May 29, 2023
Malaysia Detains Chinese Ship Linked To Suspected
Global Maritime News May 29, 2023

OOLP maritime news is a portal that gets latest updates and happenings from the maritime & cruise industry across the globe.

Top maritime stories

Global maritime news

International shipping news

Cruise news

Maritime ports

Security and piracy

About OOLP news

Contact us

Live maritime traffic

Events

Blog

Follow US

© 2023 - All Rights Reserved. OOLP News.

  • Cookie Policy
  • Terms & Conditions
  • Disclaimer
  • Privacy Policy

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?