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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. €

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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.

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

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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