Danish vessel optimisation platform ZeroNorth believes the digital shipping space will likely see more consolidation as it matures.

The company, backed by heavyweights Maersk, Cargill and PSG Equity, has this week clinched the takeover of Norway’s Prosmar Bunkering.

Chief executive Soren Meyer told TradeWinds: “In the next few years, we believe that it is likely that there will be more consolidation not only in optimisation, but also within shipping’s digitalisation sector more broadly.”