iOThree Limited’s F.R.I.D.A.Y PMS Gains ClassNK Approval

iOThree Limited’s F.R.I.D.A.Y PMS receives ClassNK approval, enhancing maritime digitalization and compliance with innovative maintenance solutions.

Overview of ClassNK Approval

iOThree Limited (iO3), a provider of maritime digital technologies headquartered in Singapore, has announced that its F.R.I.D.A.Y Planned Maintenance System (PMS) has received class approval from ClassNK, a well-known classification society. This approval confirms that the software meets ClassNK’s stringent standards for PMS software. Designed as a cloud-driven solution, F.R.I.D.A.Y PMS aims to transform maintenance workflows in the maritime sector. It helps shipowners manage maintenance effectively and track compliance with environmental regulations through features like a carbon reporting module. The ClassNK approval reinforces iO3’s dedication to advancing maritime digitalization with flexible and scalable solutions that improve operational efficiency.

Advantages of ClassNK Approval

• Gaining class approval enhances the credibility of iOThree Limited’s F.R.I.D.A.Y PMS, demonstrating strict adherence to recognized maritime standards.
• This certification highlights the company’s commitment to innovation in maritime operations, particularly in operational efficiency and sustainability.
• Securing approval grants iO3 a strategic advantage, offering a cloud-driven solution that aligns with modern vessel maintenance needs.
• This milestone is expected to attract more clients who are seeking advanced technological solutions in a dynamic maritime industry.

Concerns and Limitations

• There is no information on how iO3 intends to maintain a competitive edge for F.R.I.D.A.Y PMS amidst rapid market changes.
• The press release lacks specific details on customer adoption rates or feedback, which raises questions about market acceptance and product effectiveness.
• Although the software has secured class approval, reliance on a single certification may pose risks if regulations evolve or new standards emerge.

Frequently Asked Questions

What is F.R.I.D.A.Y Planned Maintenance System?

F.R.I.D.A.Y PMS is a cloud-driven solution aimed at digitizing maintenance workflows for maritime companies.

Who approved the F.R.I.D.A.Y PMS?

F.R.I.D.A.Y PMS received class approval from ClassNK, a prominent classification society in the maritime industry.

What benefits does F.R.I.D.A.Y PMS offer shipowners?

This system improves operational efficiency, reduces crew workload, and assists in emissions management for regulatory compliance.

How does F.R.I.D.A.Y PMS differ from traditional maintenance systems?

It provides a lightweight, scalable, and cloud-based platform instead of relying on heavy on-premise infrastructure.

What is the significance of ClassNK’s approval for iO3?

This approval reinforces iO3’s aim to transform maritime digitalization and support sustainable shipping practices.

Disclaimer: This summary is based on a press release distributed by GlobeNewswire. The model used to create this summary may have inaccuracies. For the full release, click here.

Full Release

SINGAPORE, April 27, 2025 (GLOBE NEWSWIRE) — iOThree Limited (“iO3” or the “Company”) (NASDAQ: IOTR), a leading provider of maritime digital technologies including satellite connectivity and digitalization solutions, announced that its F.R.I.D.A.Y Planned Maintenance System (PMS) has received class approval from ClassNK, a classification society well-known for its strict maritime standards. This certifies that the software meets the functional requirements outlined in ClassNK’s “Guidance for the Survey and Construction of Steel Ships.”

“F.R.I.D.A.Y PMS has met the criteria required for class approval,” said Masaki Matsunaga, Executive Vice President at ClassNK. “We recognize that PMS software can help reduce crew workload, and especially cloud-driven PMS software has the potential to foster information sharing between ship and shore operations. ClassNK will continue to ensure that innovative technologies meet standards to support the industry in enhancing sustainable shipping.”

F.R.I.D.A.Y PMS is designed to revolutionize how maritime companies digitize maintenance workflows, lessen operational friction, and upgrade fleet-wide efficiency. Unlike traditional systems, it offers a lightweight, scalable, and flexible platform for shipowners to track and manage their vessel’s maintenance needs, seamlessly integrating with existing infrastructure. Additionally, it includes a carbon reporting module to help shipowners monitor emissions data, supporting compliance with changing environmental regulations and sustainability objectives.

“With ClassNK’s approval, this milestone emphasizes our vision of advancing maritime digitalization,” said Darryl, Chief Technology Officer at iO3. “F.R.I.D.A.Y PMS goes beyond compliance—it equips shipowners with a cloud-first, future-ready system that simplifies maintenance, enhances operational agility, and improves long-term asset reliability.”

As a crucial part of iO3’s cloud-native maritime ERP suite, F.R.I.D.A.Y PMS moves past conventional solutions. Its modular architecture allows seamless deployment across fleets of any size. Cloud scalability permits shipowners to access critical data anytime, anywhere, without the need for extensive IT infrastructure. Its adaptable design ensures real-time updates accommodating changing operational needs.

This development solidifies iO3’s position as a leader in advancing maritime digitalization, offering a future-proof solution that enhances operational efficiency, resilience, and compliance.

About ClassNK

Established in 1899, ClassNK is a classification society committed to safety and environmental protection through third-party certification. ClassNK has performed various technical services, including surveys and classifications for ships and marine structures. The society collaborates with industry partners to address digitalization and decarbonization challenges through certification services and research.

About iOThree Limited

iO3 is a frontrunner in maritime digital technologies, providing a wide array of solutions aimed at optimizing vessel operations, enhancing safety, and boosting overall efficiency. By driving digital innovation, iO3 helps shipowners meet evolving market demands and leverage the benefits of advanced technologies.

Contact for media inquiries:

Joanna Soh
Chief Commercial Officer
iOThree Limited

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