Gearbulk IntegratedReport 2024 Paperturn - Flipbook - Page 124
GEARBULK
LOOKING BEYOND
Protect our organisation with sound corporate
Invest in innovation
governance practices
Incorporating vessels into the digital strategy ensures ease of
Gearbulk can mitigate adverse impacts arising out of unlawful
operation, enabling better control over technological environ-
and questionable activities by sustaining its zero-tolerance
ments and costs while reducing unnecessary administrative
culture against unethical, unfair and illicit conducts, and
burdens onboard. Prioritising seamless connectivity facilitates
conducting thorough risk assessments periodically. Addi-
data management through transparent and visible informa-
tionally, Gearbulk maintains a collaborative and a vigilant
tion channels. Additionally, maintaining safety in operations
approach towards operational subsidiaries, promotes
involves collaborative e昀昀orts in cyber defense, leveraging AI
frequent training and, 昀椀nally, requires a strict commitment
solutions, expanding partnerships with business entities, and
of all stakeholders with such actions.
integrating operational technology onboard vessels.
Expand on our digitalisation e昀昀orts
Secure our digital assets
Gearbulk has implemented a digital framework to promote
E昀昀ective cybersecurity management involves developing and
focus, alignment, and transparency in our digital transfor-
executing a cohesive data security strategy to safeguard data
mation e昀昀orts. Our objective is to enhance connectivity
integrity amidst evolving infrastructure. It entails fostering
between sea and shore operations, explore and integrate
a culture prioritizing safety, with security embedded in all
new technologies, and cultivate a culture of continuous
organizational operations. This encompasses integrating
learning among our team members. In line with our digital
cybersecurity risk management into our safety management
roadmap, Gearbulk prioritizes establishing top-tier infrastruc-
systems, adhering to ISM code compliance standards.
ture across our 昀氀eet to support our technological objectives.
Over the coming years, we have numerous initiatives planned
to upgrade our IT platform, replace outdated systems, and
augment digitalization and collaboration among employees.
Explore AI opportunities
Arti昀椀cial Intelligence (AI) holds promise for enhancing and
supporting diverse sectors, including maritime operations.
For instance, AI can optimize shipping routes, enhance vessel
performance, and bolster safety measures. By prioritizing the
establishment of a robust data infrastructure and leveraging
algorithms to drive analytical solutions, we can optimize operations, streamline business processes, gain deeper insights,
and unlock new revenue streams. This strategy will bolster
our competitiveness and foster sustained growth in the years
ahead.
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PART 4 – HOW WE CREATE VALUE