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OOCL partners with MSRA to embrace AI in shipping operations

MSRA, Microsoft’s research arm, and Hong Kong-based shipping company OOCL announced partnership in applying Artificial Intelligence research to improve network operations and achieve efficiencies in shipping. The collaboration is expected to nurture over 200 AI developers over the next 12 months.

AI benefits and risks for businesses

Allianz Global Corporate & Specialty published a new report called “The Rise of Artificial Intelligence: Future Outlook and Emerging Risks”, identifying benefits and risk concerns about AI implementation in society and industry. AI can benefit businesses, increasing their efficiencies, and reducing repetitive tasks.

Port of Singapore to use AI to improve port calls

Fujitsu, Singapore Management University, and A*STAR’s Institute of High Performance Computing, will collaborate to develop new technologies to improve vessel traffic management in the Port of Singapore, with the support of the Maritime and Port Authority of Singapore. These technologies will use AI and big data analytics.

Soft skills, hard impact: non-technical skills in the age of smart shipping

Dr. Luiza Shahbazyan, Product Manager CAT, Safebridge Cyprus, says that living in the smart shipping era, it is likely to see a change in the working environment, requiring from seafarers a different kind of skills which could be able to augment artificial intelligence, and focusing more on non-technical skills, known as ‘soft skills’.

Top 5 technologies that will reshape the future

The upgrade of current technologies or the development of new applications open a new world of opportunities. However, we are not talking about technologies that will appear in the distant future but about technologies that do not exist at present and are expected to come within the next five years. These will impact many industries and shipping in not an exception.

Autonomous vessels can comply with COLREG rules

Rolls-Royce’s MAXCMAS research project found that the use of newly developed algorithms allowed existing COLREGs to remain relevant in a crewless environment, and that Artificial Intelligence-based navigation systems can comply with the rules to avoid collision effectively, even when approaching manned vessels were interpreting the rules differently.

Corvil: Standards, collaboration and AI critical to cyber resilience

Graham Ahearne, Corvil Director, Security Product Management, said that the advanced, persistent threat landscape in cyber security poses an enormous risk to global financial markets and Cyber Resilience can be built through standards, collaboration and AI-Powered Automation in these markets.

7 Digital trends that will transform container shipping

Speaking about digital transformation in container shipping, BGC reports that the industry has failed to adapt to the digital age, yet. For this reason, it is important for the industry to follow some steps, which will help container industry modernize.

ZPMC develops world’s first AI straddle carrier

In November 2017, the first automated driving unmanned straddle carrier was created. Using AI technology, this straddle carrier can conduct multiple functions without pre-embedded magnetic nails. After tested on the terminal for a long time, the straddle carrier can perform unmanned driving like self-location and autonomous navigation.

DP World to enhance its digital capability

Terminal operator DP World initiated a new program to enhance digital transformation across its business operations worldwide using Oracle Cloud Applications. The new platform will include technologies of Artificial Intelligence, Machine Learning, Internet Of Things and Block Chain, to deliver smarter operations and create intelligent logistics.

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