This year's Annual Review reports strong financial results, continued strategic progress and enhanced support for shipowners operating in an increasingly complex and uncertain global environment.
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In an era marked by unprecedented advances in maritime technology, we firmly believe that embracing and integrating new technology is no longer a choice, but a necessity to secure a safer and more resilient future for the shipping industry.
This is why we have chosen to collaborate with ShipIn Systems, the developer of the world’s first visual fleet management platform, FleetVision™.
We firmly believe that embracing and integrating new technology can deliver significant safety and operational benefits, securing a more resilient future for the shipping industry.
New research from ShipIn Systems and NorthStandard shows that these warning signs are visible, measurable and actionable, giving ship and shore teams the opportunity to intervene earlier and prevent incidents before they occur.
Drawing on casualty data from more than 600 managed vessels alongside operational insights from ShipIn's FleetVision™ platform, the report explores how risk concentrates within fleets, why some vessels experience significantly higher accident rates than others, and how continuous operational visibility can help operators focus safety efforts where they will have the greatest impact.
33% of vessels accounted for nearly 70% of reported accidents, highlighting how risk is often concentrated in a relatively small proportion of a fleet.
Vessels with FleetVision scores below 75 experienced accident rates 5.7 times higher than vessels scoring above 85. Lower-scoring vessels are operating with a much higher level of risk, indicating where to priorities attention.
Lower-performing vessels generated significantly more recurring deviations across bridge operations, deck safety, mooring activities and PPE compliance.
Across a cohort of 250 vessels monitored over 12 months, operational deviations fell by 96%, demonstrating how sustained visibility can support lasting improvements in safety performance.
Discover how operational visibility can help your organisation identify emerging risks earlier, focus safety resources more effectively and support a safer, more resilient fleet.
FleetVision™ is already utilised by many leading shipping companies worldwide, and we believe that it will help make shipping safer for those that deploy the solution.
The platform uses AI-powered cameras to detect onboard events and proactively alert you to safety hazards, security threats, missed maintenance or navigational errors in real time.
Real time alerting and collaboration: Onboard AI-powered cameras detect onboard events
Data gathered is instantly shared from ship-to-shore so seafarers and managers can work shoulder to shoulder
The robust reporting feature tracks performance in real time so you can improve the efficiency of your entire fleet
FleetVision™ allows seafarers onboard and operations teams ashore to see the same information in real time. FleetVision™ helps close the ship-to-shore gap, allowing the ship and shore staff to collaborate more effectively. In turn, this should help drive improvements in safety culture and operational efficiency.
AI analysing shipboard operations
Identifying risk factors
Enabling data-driven action
Reducing losses and increasing productivity
Creates lasting positive behavioral changes and enhanced safety culture
From December 2025, NorthStandard Members are invited to enrol in a fully subsidized pilot of ShipIn’s AI risk management and fleet performance platform, FleetVision™.
The full cost of FleetVision’s BASE package on one vessel per participating Member will be covered, enabling fleets across the Club to evaluate the technology in live operations.
By deploying FleetVision on a single vessel, participating members can evaluate safety, compliance, and efficiency benefits within their own context and generate data to inform broader rollout decisions.
Interested Members can contact ShipIn directly for more details or get in touch with Colin.Gillespie@north-standard.com.
