According to a new report by the International Transport Forum, information sharing presents a huge potential to the maritime logistics sector. To enhance logistics processes, the maritime sector is harnessing data through digital technologies for greater insights into the logistics chain.
New technologies will be able to transform logistics processes. A number of digital logistics applications already exist for digital innovations. These range from complicated sensors that collect data or advanced tools for data analytics to advanced concepts such as the Internet of Things (IoT), blockchain or artificial intelligence.
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Data-enabled innovation in the logistics sector also faces challenges, the report warns. Namely, increased dependence on digitalisation and system integration can expose the entire logistics chain to cyber security risks.
What is more, many new data networks are proprietary systems, which raising the possibility of future data oligopolies dominated by a small number of private supply chain integrators.
In order to mitigate the possible problems, the report recommends public authorities the following:
- Support the emergence of open standards in maritime logistics;
- Ensure interoperability between public and private systems for the exchange of logistics information;
- Support ports in creating co-ordination platforms and Single Windows;
- Ensure that digitalisation in the maritime logistics chain occurs in a competitive environment;
- Closely monitor cyber security vulnerabilities in maritime logistics.
You can see more information in the PDF herebelow
