The location has so many advantages
Marine Digital GmbH: From Riga to Lübeck
The start-up working in the field of digitization relocated its headquarters to Lübeck in August 2020. Moving is not an easy process: It is a new country with new rules and traditions, with new laws and new people.
“For us, the move began with a warm welcome meeting with the WTSH team, and competent, effective support during a complicated process. The way in which the WTSH team supported us is an incredibly positive example of best practice."
Company founder Ivan Ladan
At Marine Digital GmbH, everything revolves around digitization and artificial intelligence in the maritime industry. The latest innovation: an AI-based system for fuel optimization on cargo ships. This software system enables shipowners to track, measure and display the exact amount of fuel used. External parameters that influence fuel consumption, such as weather or currents, can also be collected and used to analyse fuel consumption. Based on all this information, the system creates the optimal route for the ship. The solution is to be integrated into the required systems already installed on ships and to show several possible routes to save fuel.
For MD, Lübeck in particular presented itself as a strong maritime location with a port and port logistics. In addition, the University of Lübeck has strong expertise in AI, meaning that possible future collaborations cannot be ruled out.
“We chose Lübeck for several reasons. First, because of the balanced maintenance costs for our company, and second, because of the excellent access to potential customers, such as ship management companies. We also have the opportunity to recruit undergraduate and graduate students from local universities. For us, these are the best steps towards growth."
Company founder Ivan Ladan
The young founder was also convinced by the location, the ferry traffic to the Baltic States and, last but not least, company founder Ladan thinks Lübeck is very much a place worth living.
Digitization and Artificial Intelligence (AI) in the maritime economy is one of the most important and greatest challenges in the industry. Without a doubt, to be internationally competitive in the future, the maritime industry also needs more investment in digitization and AI. From port logistics to software and fuel savings, there are many areas of application for digitization in the maritime economy. The need to implement digitization measures and also the use of AI in the maritime industry will increase – and with it the need for service providers. From now on, decisive expertise and service will come from an aspiring young start-up from Lübeck.
Profile: Marine Digital GmbH
- Location: Lübeck/Riga
- Employees: <10
- Founded: 2019
- Sector: Maritime economy/digital economy
- Services: Digital solutions for shipbuilding, maritime industry
- MoreiInformation: www.marine-digital.com