The integrated biofouling and underwater asset management system combines Australia’s only regulatory compliant in-water cleaning and filtration hardware, with novel blockchain technology that is setting a new standard in underwater sustainment capability. The integrated system assures operator compliance with in-water cleaning standards, whilst also enabling vessel operators to instantly demonstrate proactive biofouling management.
In a world where factual information is critical and used by regulators around the globe to authorise a vessel's entry into jurisdictions, accepting the status quo and simply relying on your service provider comes with significant financial, operational and reputational risk. Integrity, transparency, traceability and trust are all essential when supplying critical biofouling, marine biosecurity and underwater sustainment services to the maritime sector.
Effective biofouling management depends upon multiple stakeholders, across multiple jurisdictions, each with its own agenda. This represents a complex and challenging environment for vessel operators when it comes to demonstrating compliance.
With a deep understanding of the challenges that biofouling represents to various stakeholders, a decentralised operating model approach to solving these issues using distributed ledger technology (blockchain), for the effective and efficient implementation of biofouling management requirements across the ecosystem was taken by Franmarine in 2018.
MarineStream™ is the purpose-built platform that is orchestrating the biofouling management ecosystem today. It is a key enabler for the practical implementation of IMO biofouling guidelines, in-country regulations and end-to-end continuous improvement.