Episodios

  • Purpose, Private Equity, and Patient Capital with Manish Singh
    Sep 29 2025

    In this episode, Nick Chubb and Raal Harris sit down with Manish Singh to explore his journey through the maritime industry, from a third-generation seafaring background to leadership roles shaping some of the sector’s most influential businesses. They discuss the transformative changes driven by digitalization and decarbonization, and the role of private equity in providing not just capital but also strategic direction for maritime growth.

    The conversation unpacks what it takes to build successful maritime technology companies, the challenges of integration, and why a clear and compelling purpose is essential for long-term success. Manish emphasizes the importance of convergence and collaboration across the industry, while also sharing insights on how AI is becoming foundational to maritime operations and decision-making.

    Looking more broadly, they reflect on the cyclical nature of the maritime market, the need to embrace volatility in planning, and why patient capital is vital for fostering resilience and sustainable growth in an industry defined by long investment horizons.


    Learn more about Manish:

    Manish Singh on LinkedIn

    Maris Investments website

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    1 h y 3 m
  • LISW Highlights, Regulatory Conviction, and the Mood of the Industry
    Sep 21 2025

    In this “LISW Hangover Edition,” Nick Chubb and Raal Harris reflect on a packed London International Shipping Week. Fresh from the gala dinners and 350+ events spread across the city, they share what stood out most in conversations with industry leaders.


    Three themes dominate their recap. First is artificial intelligence — so pervasive it cropped up in almost every panel, regardless of the official topic. Second is alternative fuels and propulsion, from the UK’s emerging role as a hub for wind power exports to ongoing debates around LNG, methanol, ammonia, and the pathway to nuclear. Third is the geopolitical mood, where optimism and pessimism seemed equally strong, and where global fragmentation of regulation looms large.


    They also discuss creative event formats like “Strictly Decarb,” where hardware, operational excellence, and business model innovation competed head-to-head — showing that shipping has plenty of practical levers to pull on decarbonisation today. Nick highlights the first meaningful UK funding commitment of £1.1 billion toward emission reduction technologies, while Raal emphasises the need to include vendors much earlier in the innovation process.


    The conversation then turns to certainty in regulation. With MEPC’s decisive October vote approaching, both note IMO Secretary General Arsenio Dominguez’s high-conviction leadership and its role in giving the industry something to galvanise around. They also cover unintended consequences of EU ETS, the risk of fragmented standards, and the urgent need for globally aligned approaches.


    Finally, Nick and Raal preview a series of in-depth interviews recorded in the run up to LISW with leaders including Bjorn Horgaad (Anglo-Eastern), Bill Dobie (Sedna), Torsten Pedersen (Seaspan), Manish Singh (Maris Investments), and Heather Combs (Ripple Operations). From philosophy and leadership to AI adoption, business transformation, M&A, and crewing tech, these conversations promise to open new perspectives in the weeks ahead.

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    57 m
  • WhatsApp Contracts, the Future of Rightship, and Starlink’s $17B Bet
    Sep 11 2025

    In this episode, Nick Chubb and Raal Harris open with breaking news: SpaceX has spent $17 billion acquiring spectrum to power its next-generation Starlink direct-to-cell service. They explore what this means for mobile connectivity at sea, the race to eliminate dead zones, and why direct-to-handset satellite services could reshape how crews stay connected.

    From there, they dive into a legal shocker — a WhatsApp exchange that ended up forming a binding contract worth £248,000. The conversation unpacks how chat messages and even emojis can be legally enforceable, raising major risks for broking, crewing, and commercial negotiations that increasingly happen off-email.

    The focus then shifts to Pemira’s minority investment in Rightship. Nick and Raal examine why private equity interest in maritime is rarely just about capital, and what Pemira’s technology and M&A expertise could mean for consolidation in vessel quality and chartering intelligence. They also discuss Rightship’s new Fleet Focus product, which uses AI to turn port state control and inspection data into actionable insights for owners and operators.

    The discussion expands into maritime training, benchmarking, and the challenge of proving ROI. They highlight how AI can ease the heavy lift of analysing inspection data, why experiential learning often goes uncaptured, and what competency management can reveal about operator quality.

    Nick then pitches three “Alpha School-inspired” business ideas for maritime: personalised onboarding bots for new crew, a compressed “one-hour Blue MBA,” and tools to capture retiring seafarers’ expertise before it walks out the door. Raal weighs the pros and cons of each, sparking a lively debate on knowledge drain, learning culture, and experiential risk management.

    Finally, they reflect on London International Shipping Week, reveal their decision to continue Undocked beyond the first 12 episodes, and remind listeners to clear their “debt” by subscribing, rating, and reviewing the show.

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    58 m
  • Shore Control, Software Costs, and Seafarer Training
    Sep 4 2025

    In this episode, Nick Chubb and Raal Harris start with a rain-soaked trip to see the Galleon Andalucía before diving into a major announcement from ABB and Wallenius Marine. Their new “Oversea” fleet optimisation service prompts a discussion on the rise of shore-based digital control rooms, the balance between master’s authority and shore-side decision support, and whether responsibility without empowerment risks pushing seafarers to burnout.

    The conversation then shifts to the high costs of maritime data collection and why so many companies are “drowning in data but starved of insight.” From Microsoft’s quiet removal of enterprise volume discounts to the dangers of software renewal inertia, they highlight lessons for both buyers and vendors on pricing models, procurement strategy, and avoiding hidden cost drags.

    Ammonia takes centre stage with Japan delivering the world’s first commercial dual-fuel ammonia engine. Nick and Raal explore the Just Transition Task Force’s work on global training standards, the urgent need to prepare crews, and how simulation technology, from full bridge setups to cloud-based VR like Kilo Solutions’ VASCO, is reshaping maritime learning. They debate the slow pace of STCW reform, the role of class and flag, and why outcome-focused training matters more than classroom hours.

    To wrap up, they touch on ChatGPT’s new $300k+ content strategist role, sparking reflections on why human creativity remains vital even in an AI-driven age. They also tease upcoming guest interviews that will soon join the Undocked feed.

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    1 h
  • Pilot Purgatory, Practical AI & Human Fears
    Aug 28 2025

    In this episode, Nick Chubb and Raal Harris dig into the findings of a new Thetius research report commissioned by Marcura, which shows that while 81% of maritime organisations are piloting AI, only 11% have policies in place, and just 23% are training their people. They debate whether AI deserves its own strategy or should simply sit inside a broader technology plan, with Nick introducing the Thetius ADAPT framework as a way for leaders to cut through the hype and move beyond “pilot purgatory.”

    They then turn to OrbitMI’s back-to-back acquisitions of Auqub and Galeforce, exploring why pairing agentic AI software with a traditional weather routing advisory business could be a smart hybrid play. The discussion unpacks how human expertise and automated platforms can coexist, and why trust and verification matter more in AI-driven systems than in traditional SaaS.

    A major cyberattack on Iran’s shipping industry prompts a conversation on satcom vulnerabilities, IT/OT segregation, and why drills and resilience testing need to become the norm. From there, Nick and Raal dive into the human side of maritime, discussing seafarer isolation in the digital age, the double-edged sword of connectivity, and the undervalued role of emotional intelligence in crew management and leadership.

    Looking ahead to London International Shipping Week, they share what’s on their agendas — from the Thetius Top 150 launch to panels on digitalisation, AI, and decarbonisation. They also highlight Marine Media Enterprises’ new Donate & Train initiative, blending e-learning with charitable giving.

    To wrap up, a light-hearted debate over Elon Musk’s latest venture — “Macro Hard,” an AI-driven challenger to Microsoft — sparks reflections on branding, competition, and whether the tech billionaire can really pull it off.

    Download the Thetius "Beyond the Hype" Report here.

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    1 h y 1 m
  • Cross-Selling, Connectivity & Consolidation
    Aug 21 2025

    In this episode, Nick Chubb brings Raal Harris up to speed on a wave of recent maritime tech M&A deals. They start with Marcura’s acquisition of Brightwell Navigator, unpacking why cruise is such a hard market to crack and how crew payments and procurement could open doors for cross-sell. The pair debate whether cross-selling in shipping ever really works, given entrenched silos and slow decision cycles.


    They then turn to STAR Information Systems’ acquisition of Sharecat, exploring the importance of clean, enriched data for maintenance and asset management, and why “garbage in, garbage out” matters more than ever in a post-AI world. Polestar’s move into marine insurance with Clearwater Dynamics prompts a discussion on risk visibility, while Xeneta’s purchase of eeSea sparks a deep dive into enforced transparency, supply chain resilience, and why schedule reliability data is becoming as critical as freight rates.


    Nick and Raal also dissect the fast-changing satcoms market, where Project Kuiper’s arrival has already forced Starlink into a price rethink. They consider what happens when bandwidth at sea becomes a commodity, and whether Elon Musk’s dominance will hold against Jeff Bezos’ Amazon-backed play.


    To wrap up, they spotlight a first-of-its-kind green ammonia bunkering operation in China. With early tests showing up to 95% emissions reduction, they weigh the fuel’s promise against its challenges and scalability.

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    56 m
  • Safety, Spinouts, and the Future of Software
    Aug 7 2025

    In this episode, Nick Chubb breaks the news that DNV is spinning off its Ship Manager software into a new standalone brand: CFARER. He and Raal Harris unpack the branding choice, Wilhelmsen’s minority stake, and what it signals about class societies doubling down on maritime software ventures.

    The main discussion tackles a bold question: Is agentic AI the beginning of the end for SaaS? Raal introduces the argument that language-based AI agents could replace traditional user interfaces, challenging the CRUD foundation of most SaaS tools. Nick explores the business model implications, from the rise of pay-per-use AI agents to the possible return of software you “buy once.” Together, they weigh whether brands, UX, and trust might still give SaaS an edge, especially in conservative industries like shipping.

    They also dig into how maritime software vendors should evolve, introducing the concept of Agent-Computer Interfaces (ACIs) and the importance of deep domain knowledge and process transformation over just new tech.

    Nick then highlights a landmark UK Supreme Court ruling that may force ports to include Scope 3 emissions from visiting ships in their sustainability reporting. He explains why this precedent could reshape port planning and carbon accounting.

    To wrap up, they spotlight two safety tech breakthroughs: Kaiko Systems, which helped TMS Cardiff Gas cut SIRE observations by 34%, and Zelim, whose AI-powered man-overboard detection system achieved 96.8% accuracy in trials. They also celebrate Scorpio Tankers' installation of the first centrifugal carbon capture system, and a circular economy pilot turning captured CO₂ into concrete ingredients.

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    1 h
  • Legacy Media, Live Data, and Maritime’s Trust Problem
    Jul 31 2025

    In this episode, Nick Chubb breaks the news of his acquisition of Digital Ship, revealing plans to relaunch it under the new Antares Digital Group. He and Raal Harris discuss restoring the brand as a multimedia hub for maritime digitalisation and decarbonisation, separate from Thetius, but aligned in ambition.

    They explore the concept of collaborative autonomy, drawing parallels between smart cities and maritime tech. Nick introduces VDES as the next evolution of AIS, enabling real-time sharing of vessel passage plans and opening the door to richer operational awareness, alongside new risks.

    The discussion shifts to maritime’s data dilemma, from cybersecurity threats at ports to the cultural and commercial barriers to data sharing. Nick shares lessons from Thetius’ benchmarking work and how structure and clarity can unlock collaboration.

    To close, they preview London International Shipping Week, where both are hosting events. Nick’s launching the Thetius 150, while Raal’s leading “Strictly Decarb.” They offer tips for navigating the packed LISW calendar, and avoiding London traffic.

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    48 m