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SafePort SIGNED

A Novel Smart System for the safe Management of Nautical operations

Total Cost €

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EC-Contrib. €

0

Partnership

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 SafePort project word cloud

Explore the words cloud of the SafePort project. It provides you a very rough idea of what is the project "SafePort" about.

complete    projected    terminal    service    nautical    78    maritime    huge    fee    perform    bn    accidents    350    safest    trade    approximately    2018    strategy    sell    context    valuable    channels    software    complicated    considering    updates    collects    cash    meteorological    time    total    pace    90    vessels    saturation    9m    revenue    ing    manner       core    occurring    forecast    frantic    operation    market    gets    approaching    infrastructure    services    investment    15    locks    docks    policy    decision    safeport    euros    operators    annual    price    hoping    powerful    marine    global    clear    business    data    2023    complexity    interaction    traffic    consulting    rivers    prices    cagr    roi    lifeblood    port    majority    operations    tools    determines    cumulative    incomplete    flow    68    keeps    ports    manoeuvring    2m    navigation    ship    selling    managers    hence    play    upfront    economy    ships    siport21    shipping    transporting   

Project "SafePort" data sheet

The following table provides information about the project.

Coordinator
SIPORT XXI SL 

Organization address
address: CALLE CHILE 8 OF 104 EDIFICIO AZASOL LAS ROZAS
city: MADRID
postcode: 28290
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-12-01   to  2020-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SIPORT XXI SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

Shipping is the lifeblood of the global economy, transporting approximately 90% of global trade. However, as the port traffic increases, the interaction between ships and port infrastructure (navigation channels, manoeuvring areas, docks, rivers, locks, etc.) gets more complicated, resulting in system saturation, and hence a greater likelihood of marine accidents occurring. There are very powerful meteorological forecast tools, which provide very valuable information for marine traffic management but they are incomplete and have not even been applied in the clear majority of ports. In this context, Siport21 has developed SafePort, a technology for providing port managers with the most complete and reliable decision tools to manage the operations of the vessels. This technology collects real-time information about the ship approaching the port, as well as meteorological and maritime data, determines whether the operation is viable or not and the requirements to perform the operation in the safest manner. The global marine port and service is a huge market (€ 68.5 bn in 2018) that keeps on growing at a frantic pace, hoping to reach € 78.4 bn by 2023 and hence growing at a Projected CAGR of 4.2%. In this context, SafePort will play an essential role based on its potential to manage nautical operations. We will target the port authorities and terminal operators of the maritime sector. Following our business strategy, SafePort will be sell as a core product considering considered a selling price of 50,000 euros per port. We will also offer specific consulting (upfront revenue) and software updates (annual fee) services, whose prices will be based on the port complexity. Based on this price policy, our nautical operations management technology will provide a revenue of € 15.6 M by the third year, meaning a cumulative cash flow of € 9.9M. Considering a total investment of € 2.2M, we expect to get a ROI of 350% in 3 years.

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The information about "SAFEPORT" are provided by the European Opendata Portal: CORDIS opendata.

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