Lloyd’s Register (LR) has acquired GreenSteam – a marine data intelligence company specialising in improving vessel efficiency through machine learning.

GreenSteam’s marine learning services will be integrated with  i4 Insight, a subsidiary of LR. i4 Insight is a digital platform that allows shipowners, operators and charterers to access insights on vessel performance and fuel consumption across their fleets.

LR said the move expands on its vision of solving complex problems with integrated software solutions, to further drive reductions in greenhouse gas emissions and operating costs.

Nick Brown, ceo of LR, said the enhanced platform “will enable our customers to optimise their operational efficiency and vessel performance, making their businesses more sustainable in an increasingly competitive world.”