RightShip, a leader in maritime safety and environmental sustainability, is actively seeking a new minority investor to bolster its growth in artificial intelligence (AI) and data technology. The company, which aims to achieve “Zero Harm” in the global maritime value chain, is looking for a partner who shares its mission and values, alongside existing shareholders BHP, Cargill, and Rio Tinto.
The move comes as the demand for safety in the global supply chain intensifies, and the development of data and technology accelerates. RightShip’s CEO stated that the company is committed to delivering long-term value to its stakeholders and is keen on finding an investor who can provide not only capital but also significant expertise in data and technology. “Together we will innovate our product offerings, supercharge our data technology and AI capabilities, and deliver delightful customer experiences,” the CEO said.
To facilitate this strategic initiative, RightShip has engaged Rothschild & Co as its financial adviser. The company emphasised its dedication to transparency and integrity throughout the process, assuring stakeholders that any decisions will be made in their best interests. RightShip, established in 2001, serves over 850 customers globally, offering due diligence, environmental, and inspection services to improve maritime safety standards.
As RightShip navigates this new phase, it remains committed to keeping its stakeholders informed and ensuring that its growth aligns with its core mission of enhancing safety and sustainability in the maritime industry.
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