During the 2019 SMART4SEA Conference, Athena Kanellatou, Regional Director Mediterranean, Macgregor, and Stefanos Spiriounis, Sales Engineer, Global Lifecycle Support, Macgregor shared the company’s experience on intelligent cargo handling for bulk ships, which are already available to enable safer working conditions and smoother operations.
Partnerships and collaborations among players in the T&L value chain, including competitors, are needed to provide the foundation for the ecosystem. Many collaborations, such as Ocean Alliance and Yang Ming or Modern Terminals and TradeLens highlight the importance of partnership in order to achieve efficient operations.
Although blockchain poses challenges in the transportation and logistics sector, it also provides benefits. Since 2013, venture capital investors have poured approximately $300 million into startup companies offering blockchain solutions relevant to T&L.
In September and October 2018, BCG conducted an online survey of global companies in the T&L industry in order to assess their understanding of blockchain and their progress in adopting the technology. In order to acknowledge the promise of blockchain, T&L stakeholders must collaborate to develop an ecosystem that forges trust and creates mutual benefits across the value chain.
A group of major oil and gas companies have joined forces to establish the first industry blockchain consortium in the United States. The move is aligned with the rising interest on blockchain technology for trade industry in recent years.
During the 2019 SMART4SEA Conference, Mike Konstantinidis, CEO, METIS Cyberspace Technology, described how Artificial Intelligence and Machine Learning can apply in shipping and improve operations. As such, he talked about the METIS Virtual Agents, the first cyber personal assistant for vessel monitoring & management, interacting with its colleagues in the maritime company via natural language processing.
The Port of Colombo announced that it will upgrade its entire IT infrastructure as part of its smart port transformation. The Shipping and Southern Development Minister Sagala Ratnayaka commented on the port’s goal to be Sri Lanka’s busiest port, ‘Smart Port’.
Representatives from maritime technology companies and industry stakeholders met in London for the first meeting of the Smart Maritime Council. This is a new initiative created by the Smart Maritime Network to drive collaboration and standardisation for the development of IT systems in the shipping industry. Smart Maritime Network was created in January 2019 to boost the benefits of improved integration and data sharing within the maritime sector.
The new wave of technologies that are in high demand at the moment? IoT, AI, Big Data, security, new programming paradigms. Using data and digitalization to make assets and shipping operations more efficient is the challenge that IoT undertakes for the years to come.
Ericsson and China Unicom, a mobile service provider, are developing a 5G smart harbor at the Port of Qingdao in China. This comes after a successful technical solution verification at the port of Qingdao, which found that up to 70% of labor costs can be saved when a harbor uses the 5G automation upgrade. The 5G connection included data traffic from over 30 high-definition cameras as well as control data for a programmable logic controller.
Kenya maritime authority boosts effort to tackle ship pollution24/03/2019
Watch: MOL trials underwater drone for vessel bottom inspection24/03/2019
New Zealand to adapt MARPOL Annex VI in reducing shipping emissions23/03/2019
Grande America transported 1.050 tonnes of dangerous goods23/03/2019
US seizes 1 million pounds of smuggled Chinese pork22/03/2019
OPEC crude production falls to lowest level in four years22/03/2019
- Cyber Security
Norsk Hydro cyber-attack a clear indicator of cyber risk22/03/2019
How the Port of Antwerp plans to become a Multi-Fuel Port22/03/2019
Wärtsilä's 10 rules to ensure safety22/03/2019
- PSC Focus
Panama Maritime Authority urges for immediate PSC reporting22/03/2019