“Dryad has built up the right expertise, experience and reputation to seize a great opportunity to occupy a broader space within the maritime operations industry,” said CEO Graeme Gibbon Brooks.
High fuel prices and low freight rates have had a significant impact on the profitability of shipping, says Dryad, adding that its Voyage Efficiency Service addresses these issues by using meteorological and environmental data modelling.
The Portsmouth-based company says that it combines weather and fleet monitoring with risk mitigation and regulatory compliance to streamline operations on behalf of operators. It adds that it is already providing weather and efficiency routing to one of the world’s leading charterers.
The Voyage Efficiency Service works in partnership with a service launched earlier this year by Dryad, PRISM (Professional, Risk & Integrated Services Management).