ZeroNorth
ZeroNorth is an AI-powered maritime intelligence platform that helps shipowners, operators, and charterers optimize voyage routing, vessel performance, fuel consumption, and emissions compliance. The Copenhagen-headquartered company serves over 200 enterprise customers across 5,500+ vessels globally via subscription-based SaaS.
- Company typePrivate
- Founded2020
- HeadquartersCopenhagen, Denmark
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What ZeroNorth does
ZeroNorth is a Copenhagen-headquartered maritime technology company founded in June 2020 as a spin-off from Maersk Tankers. The company operates an AI-powered maritime intelligence platform that processes real-time operational, environmental, and market data to support voyage optimization, vessel performance monitoring, emissions tracking, and bunker procurement for the global shipping industry. ZeroNorth serves more than 200 shipowners, commercial operators, charterers, and bunker procurement teams, with its platform deployed on over 5,500 vessels worldwide and producing approximately 3.3 million voyage routes annually.
The platform is built on a modular architecture comprising ten products: SMARTShip (onboard data acquisition and reporting), Voyage Optimisation (AI-powered routing and speed optimization), Emission Analytics (CO2 and CII compliance tracking), Scope 3 reporting, Bunker Procurement, Bunker Pricer, eBDN (electronic bunker delivery notes), Charter Select (vessel discovery), and ShipPalm (maritime ERP). Machine learning models process weather, fuel consumption, vessel performance, and market data inputs, with proprietary automated validation and governance systems applied at fleet scale. The platform supports compliance with EU ETS, CII, IMO DCS, and EU MRV regulatory regimes and integrates with third-party systems including ClassNK MRV Portal and Veracity by DNV.
ZeroNorth generates revenue through subscription-based SaaS contracts with quote-based, modular pricing sold via a direct enterprise field sales motion. The company employs 550-600 staff across 38+ nationalities and operates eight offices globally (Copenhagen, Athens, Chennai, Mumbai, Singapore, Sofia, Varna, Tokyo). Strategic and financial backers include PSG Equity, A.P. Moller Holding, Cargill, and Trafigura (which took an equity stake in July 2025), with total disclosed funding exceeding €89 million including a $50 million-plus Series B in June 2022 and $20 million in debt financing from CIBC Innovation Banking in February 2025. The company achieved its first positive EBITDA in December 2024 and appointed Søren Andersen as CEO in January 2026, succeeding founder Søren Meyer.
ZeroNorth firmographics
Firmographics- Name
- ZeroNorth
- Legal name
- ZeroNorth A/S
- Website
- https://zeronorth.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- ZeroNorth is an AI-powered maritime intelligence platform that helps shipowners, operators, and charterers optimize voyage routing, vessel performance, fuel consumption, and emissions compliance. The Copenhagen-headquartered company serves over 200 enterprise customers across 5,500+ vessels globally via subscription-based SaaS.
- Ownership category
- akta.pro rank
ZeroNorth industry classification
Industry- Product category
- Maritime Intelligence Software
- NAICS
- Marine Cargo Handling (488320), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational Services to Shipping (488330)
- SIC
- Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Special Industry Machinery, Nec (3559), Water Transportation (4400)
- akta.pro primary industry
- Marine Navigation Systems (ECDIS, Radar, GNSS, AIS) (IMAJAJAE)
- akta.pro secondary industry
- Maritime Unmanned Systems (USV/UUV) & Control Stations (IMABAKAJ)
Keywords
Where ZeroNorth is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices8 records
Markets served
ZeroNorth business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Platform Subscription: Subscription-based access to maritime intelligence platform with modular product selection. Platform includes voyage optimisation, vessel performance, bunker procurement, and emissions analytics modules that can be bundled or purchased individually.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom modular pricing based on products selected |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels8 records
ZeroNorth product offering
Product offeringCore offering
ZeroNorth sells an AI-powered maritime intelligence platform delivered as modular SaaS products that help shipping companies optimise voyages, monitor vessel performance, procure bunker fuel, and track emissions. Core modules include SMARTShip (onboard data acquisition), Voyage Optimisation, Vessel Reporting, Emission Analytics, Scope 3, Bunker Procurement, Bunker Pricer, eBDN, Charter Select, and the ShipPalm maritime ERP.
Product overview
ZeroNorth is an AI-powered maritime intelligence platform offered as a unified platform-plus-modules architecture. The core platform processes real-time operational, environmental, and market data across voyage optimisation, vessel performance, and bunker decisions. Key modules include: SMARTShip (vessel data acquisition and reporting), Voyage Optimisation (route planning and speed optimization), Vessel Reporting (automated noon and arrival reports), Emission Analytics (CO₂ tracking and CII monitoring), Scope 3 (charterer emissions reporting), Bunker Procurement (fuel sourcing), Bunker Pricer (live price benchmarking), eBDN (electronic bunker delivery notes), Charter Select (vessel discovery), and ShipPalm (acquired maritime ERP brand). The platform serves over 5,500 vessels and processes millions of data points to help shipping companies maximise efficiency, reduce fuel costs, and ensure regulatory compliance.
Differentiator
Problem solved
Functional benefit
Brands
- SMARTShip: Onboard data acquisition and reporting solution for vessels
- Charter Select
- Voyage Optimisation
- Vessel Reporting
- Emission Analytics
- Scope 3
- Bunker Procurement
- Bunker Pricer
- eBDN
- ShipPalm
Products and services
- SMARTShip Onboard vessel data acquisition and reporting platform that collects operational data from vessels and transforms it into a reliable foundation for commercial decisions, compliance, and decarbonisation.
- Voyage Optimisation AI-powered voyage planning platform that plans the most efficient route and speed by factoring in weather, fuel use, costs, safety, and emissions to maximise efficiency and save on fuel.
- Vessel Reporting Automated noon and arrival reports that streamline vessel data collection and ensure accurate, consistent reporting across the fleet.
- Emission Analytics CO2 tracking across fleet operations, enabling operators to monitor individual vessel emissions, fuel performance, and CII rating trajectory in real time.
- Scope 3 Charterer emissions reporting solution that enables charterers to track and report emissions from vessels they charter, supporting ESG and regulatory compliance.
- Bunker Procurement Fuel sourcing and procurement platform that enables shipping companies to source and buy bunker fuel efficiently, optimising the bunkering process from planning through execution.
- Bunker Pricer Live price benchmarking tool providing transparent, data-driven pricing insight to sharpen commercial outcomes and reduce total cost of bunkering across operations.
- eBDN (Electronic Bunker Delivery Note) Electronic bunker delivery note solution that digitises the bunker delivery process to improve transparency, reduce human error, and lay the foundation for a fully digital and auditable bunkering ecosystem.
- Charter Select Vessel discovery and selection platform that helps charterers find the right vessel for every voyage, enabling data-driven chartering decisions.
- ShipPalm Maritime ERP for fleet management and operations, providing comprehensive vessel and fleet management capabilities.
Quantifiable outcome
- 5-10% fuel and emissions savings through voyage optimisation
- +3 more outcomes
Companies that use ZeroNorth
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
ZeroNorth technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability5 records
Feature10 records
ZeroNorth partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered notable, core and flagship.
- TFG MarinenotableCompleted first eBDN trial at Port Louis, Mauritius. TFG Marine has been supplying marine fuel in Mauritius for over two years through joint venture with Groupe Roland Maurel. Plans to roll out eBDN capability across global operations.
- Western BulkcoreNorwegian dry bulk operator partnered with ZeroNorth to deploy voyage optimisation platform across its commercially controlled fleet of approximately 120 vessels. Platform combines fuel modelling with machine learning for voyage planning, execution, and post-voyage analysis.
- Maersk TankersflagshipFive-year extended partnership covering 240 vessels including all tankers and gas carriers under management. Maersk Tankers was one of the founding companies behind ZeroNorth when it was spun out in 2020. Collaboration includes voyage optimisation, onboard decision support with real-time routing and speed recommendations, and fleet performance management through SmartShip.
- TrafiguraflagshipStrategic alliance with equity stake deploying ZeroNorth's AI-powered platform across fleet of more than 350 vessels. Partnership includes voyage optimisation, emissions analytics, and vessel reporting tools. Trafigura also joined ZeroNorth's group of strategic partners including Hapag-Lloyd and the Baltic Exchange.
- Hapag-LloydcoreStrategic partner in ZeroNorth's group of partners alongside Trafigura and the Baltic Exchange.
- Baltic ExchangecoreStrategic partner in ZeroNorth's group of partners, providing industry standards and market intelligence integration.
- AvikuscorePartnership to merge autonomous navigation with voyage optimization, combining ZeroNorth's voyage optimization capabilities with Avikus's autonomous navigation technology.
- VitolnotableCompleted first digital bunker trial at port of Rotterdam, advancing digital bunkering capabilities in major European port.
- ClearLynxcoreUS-based bunker market platform acquired to strengthen ZeroNorth's position in the bunker procurement and pricing market.
- Propulsion Dynamics Inc.coreDanish company specializing in digital vessel performance analysis acquired on July 1, 2021. Expected to increase ZeroNorth's revenue by 15% and mark its entry into the fuel optimisation market. Enhanced ZeroNorth's Optimise product with vessel fuel consumption models.
Scale indicators16 records
Recent moves7 records
Expansion highlights6 records
ZeroNorth competitors and assessment
Company assessmentDirect peers
- StormGeo: Provides weather routing and voyage optimization services to shipping, offshore, and energy segments. Acquired by Alfa Laval in 2021, making it a direct competitor in the same voyage optimization category where ZeroNorth's new CEO previously served as CEO.
- Nautilus Labs: AI-driven voyage optimization and vessel performance platform serving commercial operators, charterers, and shipowners. Competes directly with ZeroNorth on ML-based voyage optimization and emissions analytics for commercial fleets.
- BunkerEx: Digital bunker procurement and price benchmarking platform for shipping companies. Directly competes with ZeroNorth's Bunker Procurement and Bunker Pricer modules in the bunker marketplace category.
- Veson Nautical: Maritime freight management software provider serving charterers, operators, and traders with voyage, vessel, and commercial management tools. Adjacent to ZeroNorth's Charter Select and commercial operator offerings.
Broad incumbents
- Wärtsilä Voyage: Marine technology division of Wärtsilä offering navigation, simulation, fleet operations, and optimization solutions. As an established marine conglomerate, it bundles optimization within broader ship lifecycle offerings and competes with ZeroNorth across multiple modules.
- Kongsberg Maritime: Maritime technology provider offering vessel automation, navigation, and fleet management systems. Competes with ZeroNorth through integrated bridge systems and fleet operations centers serving large commercial and naval fleets.
- ABB Marine & Ports: Provides marine automation, propulsion, and vessel optimization solutions to commercial shipping and offshore. As a broad marine industrial incumbent, it competes with ZeroNorth in vessel performance optimization and emissions management.
- Alfa Laval (parent of StormGeo): Marine and process industry equipment manufacturer whose acquisition of StormGeo creates a competing stack combining hardware, service, and software optimization. Competes broadly with ZeroNorth across marine decarbonization solutions.
- DNV (Veracity): Maritime classification society and assurance provider with Veracity data platform for emissions reporting and verification. Already a ZeroNorth integration partner (Teekay customer launch) and adjacent competitor in compliance and verification services.
Emerging players
- FleetMon: Vessel tracking and maritime data platform providing AIS-based intelligence. Adjacent to ZeroNorth's data ecosystem with potential to compete or integrate in operational analytics and vessel performance benchmarking categories.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
ZeroNorth social profiles
Digital presenceZeroNorth compliance and trust
Trust signalCompliance1 record
ZeroNorth financial estimates
Financial estimateRevenue estimate
Valuation estimate
ZeroNorth leadership team
Management profileNumber of profiles
Profiles8 records
ZeroNorth subsidiaries and ownership
Company hierarchySubsidiaries3 records
ZeroNorth funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ZeroNorth M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ZeroNorth
What does ZeroNorth do?
ZeroNorth sells an AI-powered maritime intelligence platform delivered as modular SaaS products that help shipping companies optimise voyages, monitor vessel performance, procure bunker fuel, and track emissions. Core modules include SMARTShip (onboard data acquisition), Voyage Optimisation, Vessel Reporting, Emission Analytics, Scope 3, Bunker Procurement, Bunker Pricer, eBDN, Charter Select, and the ShipPalm maritime ERP.
Is ZeroNorth a public or private company?
ZeroNorth is a private company. It is classified as venture growth investor backed and is currently operating.
When was ZeroNorth founded?
ZeroNorth was founded in 2020. It employs 501 to 1,000 people.
Where is ZeroNorth based?
ZeroNorth is headquartered in Copenhagen, Denmark, in the Europe region.
How does ZeroNorth make money?
One revenue line is on record: saaS Platform Subscription.
Who are ZeroNorth's main competitors?
Direct peers on record are StormGeo, Nautilus Labs, BunkerEx and Veson Nautical. Broad incumbents are Wärtsilä Voyage, Kongsberg Maritime, ABB Marine & Ports, Alfa Laval (parent of StormGeo) and DNV (Veracity). FleetMon is listed as an emerging player.
Does ZeroNorth have an API?
No public API is recorded for ZeroNorth.
What industry is ZeroNorth in?
ZeroNorth's product category is Maritime Intelligence Software. Its primary akta.pro industry code is IMAJAJAE, Marine Navigation Systems (ECDIS, Radar, GNSS, AIS), with a secondary code of IMABAKAJ, Maritime Unmanned Systems (USV/UUV) & Control Stations. Its NAICS code is 488320 and its SIC code is 3812.