Ceto’s technology system analyzes high-frequency data from commercial ships to improve insurance risk selection, reduce machinery failures, and enhance fuel efficiency. These insights are delivered through an integrated dashboard, powering a connected insurance product backed by leading global insurers.
“For as long as humans have existed, so has our desire to sail the open water. It’s no surprise then that maritime—one of the world’s oldest industries—still relies on some outdated practices,” says Tony Hildrew, CEO and founder of Ceto. “At Ceto, we aim to unite the power of AI with the indispensable human expertise at the heart of maritime. This kind of technology plays a critical role in identifying risk and improving decision-making, ushering in a smarter era for shipping and finance.”
Key takeaways:
· Owners and operators starting fresh with data can be fully onboarded and online in about 1-2 days. For those who already have an existing data capture solution, Ceto can use that available information and have a full fleet online in their system within 2-4 hours.
· Ceto helps ship owners run smarter, greener, and more cost-efficient operations with three key tools. Their main platform – Watchkeeper -- uses AI to track ships in real time, spot issues early, and keep fleets running safely and efficiently. CarbonID handles emissions and fuel tracking, helping ships stay compliant with environmental rules while cutting costs and pollution using AI. Connected Insurance ties a ship’s performance data to its insurance, rewarding safer and more efficient operations with better terms and lower premiums.
· Altogether, Ceto uses smart tech to optimize performance, reduce emissions, and unlock more flexible insurance options.
