FTV Capital acquires maritime AI company Windward
The acquisition values Windward's total issued and to be issued ordinary share capital at around £216m ($280m) on a fully diluted basis.
21 March 2025
21 March 2025
The acquisition values Windward's total issued and to be issued ordinary share capital at around £216m ($280m) on a fully diluted basis.
The dry container monitoring technology provides real-time and historical location tracking, improving asset visibility and optimising operations.
OrbitMI helps Statu Shipping optimise efficiency, reduce costs, and ensure compliance by simulating voyages and assessing CII impact.
With the new funding, Seadronix plans to enhance its ship AI solutions and pursue global opportunities.
The system collects real-time data from onboard sensors, tracking fuel consumption and engine power.
The ten-acre site, with two dry docks and workshops, will be modernised in the coming years.
TSM's first FCM Ammonia unit is scheduled for delivery by late 2025.
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