States and countries around the world are starting to reopen their economies; however, businesses are still feeling the financial burdens caused by the COVID-19 pandemic. The hospitality and travel industries are just two markets that have been hit exceedingly hard and in turn, are changing the way they approach resuming their operations and offering their services moving forward.
Unfortunately, the path to rebuilding is not possible for every business. Although resuming operations will look different depending on the market and its customers, one element businesses will have in common is the need to maintain operational efficiency while keeping employees, customers and partners safe.
Recently, we had the opportunity to support an announcement that demonstrates collaboration across two sectors and will lend support as stakeholders in these industries bounce back from COVID-19. The announcement was a joint venture between our client, Tideworks Technology (Tideworks) and its partner, Brenock Technology (Brenock), a provider of software applications and consulting services for multiple industries, including the cruise sector.
The joint venture will provide Tideworks’ and Brenock’s customers with enhanced management and planning tools to optimize operational efficiencies reduce costs and boost performance. Further, through the joint venture, the companies will deliver solutions to help the cruise community optimize and automate processes as they rebuild from economic setbacks and adjust to new health and safety standards onboard.
Below is a list of the articles secured thus far from our media outreach around the joint venture announcement.
Tideworks and Brenock Joint Venture Coverage
- Seatrade Maritime News: Tideworks in technology joint venture – 6/16/20
- International Cruise Ship Industry: Tideworks joins Brenock to provide cruise technology solutions – 6/15/20
- Fleet Transport: Tideworks forms Joint Venture with Brenock to provide technology solutions for Cruise & Marine sectors – 6/12/20
- American Journal of Transportation: Brenock to provide technology solutions for the cruise industry – 6/11/20
- Daily Cargo News: Joint venture seeks to provide cruise and marine solutions – 6/11/20 (behind paywall)
- Cyprus Shipping News: Tideworks announces joint venture with Brenock to provide digital tools for the cruise industry – 6/11/20
- Container Management: Tideworks enters joint venture to provide technology solutions to the cruise industry – 6/10/20
- Ship Technology: Tideworks and Brenock form JV to support cruise industry – 6/10/20
- Seatrade Cruise News: Tideworks, Brenock team on cruise industry tech solutions – 6/10/20
- Digital Ship: Tideworks and Brenock announce joint venture to expand technology development – 6/9/20
- Freight Comms: Tideworks announces joint venture with Brenock to provide technology solutions for the cruise industry – 6/9/20
- Marine Link: Tech Partners Aim to Assist Cruise Rebound – 6/9/20
- Maritime Logistics Professional: Tech Partners Aim to Assist Cruise Rebound – 6/9/20
- WorldCargo News: Tideworks Announces JV with Brenock Technology – 6/9/20
- Smart Maritime Network: Tideworks and Brenock joint venture to deliver digital tools for cruise lines – 6/9/20
We are excited about the joint venture and the increased collaboration taking place in the maritime sector. Businesses that collaborate and share solutions will help to kickstart the supply chain and mend industries, such as the transportation and cruise sectors, that have been severely impacted by COVID-19.
To learn more about some of the results secured on recent announcements, check out the following blog posts: