Tag: Artificial Intelligence

Digitization solutions, such as big data, blockchain, automation, drones, and robotics, are enabling the maritime freight industry to utilize innovative approaches that will reduce or eliminate non-value-added activities. These technologies will benefit the industry, especially considering the fact that global maritime freight transportation revenue is expected to reach $205 billion in 2023. 

2017 was a record year for cyber attacks and the average total cost per breach for the average company has reached $3.79 million, while the transportation sector now ranks third in security vulnerability, according to a recent whitepaper released by insurance firm Arthur J. Gallagher & Co.

Our oceans are currently facing three major challenges: climate change, overfishing and pollution. Plastic pollution in particular is increasing and has received international attention from governments, media and large sections of the public. In order to mitigate this problem, technology might give the solution.

Plastic pollution is, without any doubt, causing big problems. However, up until recently, not many were aware of the full scale of the problem. Thus, by using drones the size of plastic pollution can be measured more easily. This will inform more people, and will provide solutions to tackle it.

The concept of “intelligent port” has emerged in the last decade, with many ports deploying Internet of Things, cloud-computing technologies, geographic information systems and computer simulation technologies, to optimise various aspects of port operations and enhance production efficiency.

Tech experts gathered to explain the benefits of digital technology. These experts aim to show how new technologies can be used effectively, while also protecting against unwanted or unexpected negative impacts. The panel will be comprised of women and men of technology, public policy, science, and academia.

New digitization solutions, such as big data, blockchain, automation, drones, and robotics, are enabling the maritime freight industry to introduce game-changing approaches that will significantly reduce or eliminate non-value-added activities, according to new report from ABI Research.

National Geographic Society announced the winners of the Marine Protection Prize. The Prize awards innovative solutions and technologies that protect and sustain fisheries in coastal communities. The winners are Paul Ferber of Marine Conservation Cambodia, Badr Idrissi of ATLAN Space and Melissa Garren of Pelagic Data Systems.

Hitachi Europe Ltd., a subsidiary of the Tokyo-based technology company Hitachi, has partnered with Stena Line, one of the largest shipping companies in Europe, to implement artificial intelligence technology on ships to reduce fuel consumption costs, in a bid to boost the company’s efforts to minimise environmental impact.

French CMA CGM announced collaboration, since the beginning of the year, with San Francisco-based startup company Shone, specializing in the use of artificial intelligence for maritime transportation. The collaboration enables Shone to finalize the development of artificial intelligence systems onboard container ships.