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SolstadFarstad agrees navigation data contract

Norway-based offshore operator SolstadFarstad has agreed a new deal with maritime technology provider GNS to fulfil all of its digital and paper navigation requirements, as part of a fixed-price bundle contact.

{mprestriction ids="1,2"}The agreement will see SolstadFarstad transition from buying on-demand to a fleet-wide fixed-price bundle for the 145 vessels it operates, including 32 construction service vessels, 50 anchor handling tug supply vessels and 63 platform supply vessels. The deal includes a mix of conventional ENC supply and Pay As You Sail ENC options, as well as GNS’s new VOYAGER Hub solution. 

“We expect to achieve significant savings and purchasing efficiencies by procuring all our navigational products through a bespoke bundle from GNS,” said Tor Inge Dale, chief operating officer at SolstadFarstad.

“Sourcing our navigational data this way allows vessels to get very fast access to what they actually need and significantly reduces the administration time we spend on purchasing navigational products, as well as remove the costs associated with processing large numbers of small transactions.”

All of SolstadFarstad’s digital navigational purchasing is now centralised under a single contract, a single Purchase Order and a single invoice, with the data available on board monitored by GNS to ensure compliance and automatically updated with new edition products and licences when required.

“Because we track ships worldwide and capture position data every 60 minutes, GNS can analyse a vessel’s trading history and calculate accurate fixed prices for ENCs, digital publications and other route-specific navigation products,” said Jon Folkedal, country manager Norway for GNS.

“Our unique data intelligence and analysis system collects, stores and analyses millions of data points, allowing us to review the trading patterns and requirements of each individual vessel and identify areas for cost efficiencies and compliance vulnerabilities.”{/mprestriction}

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