Paper still dominates the business and transactional processes within the maritime industry, but times are changing. Digitalisation has been recognised as a valuable strategy for companies looking to increase efficiency, eliminate paperwork delays and reduce costs.
While some look at how best to embrace the benefits of a digital future, others are looking at whether they are among the middle men this latest technology promises to cut out. The sector’s reputation for relying on personal relationships and phone calls looks to be at risk from platforms which put in direct contact those seeking to purchase a product or service and those supplying it.
All around the industry businesses are on the lookout for the disruptor. The ethereal threat of a tech-led business overturning the industry, rewriting its rules and shifting its balance of power could come from within, or from one of the established tech giants with sprawling logistics businesses.
Authority seeks to increase data-driven commercial developments in maritime industry
Marine & Offshore Division president promoted and will report to group chief executive
Shell-chartered gas carrier expected to add at least $54m to company’s gross revenue backlog
World’s largest tanker firms vying for investors
Rodolphe Saadé is considering a number of options for the facilities acquired through the takeover of APL
Hopes fade for a market uptick after the Chinese New Year holidays as index hits yet more historic lows
Potential incident is the third in four weeks after years of calm
Demolition candidates will be in smaller size categories so will have limited impact on global fleet capacity
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