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Smart Shipping and Technology
Smart shipping requires holistic thinking by smart people
Many inflated claims are being made about the technologies being proffered to the shipping industry as its future, but history shows us when significant new technologies become available, the transition takes time and companies must adapt to managing such innovation in the round
The Lloyd's List Business Briefing discusses the Three Elements of Efficiency
Nick Brown, Director, Marine & Offshore Lloyd's Register speaks at the Lloyd's List Business Briefing about collaberation between the industry and Silicon Valley
Lloyds Register’s head of Marine and Offshore Nick Brown joins us to discuss the shifting requirements of an industry dealing with disruption on several fronts
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Why Alfa Laval paid over the odds for StormGeo
Alfa Laval considered recruiting digital natives but found they don’t stay long. It also considered investing in a start-up but saw the risks involved of employing ambitious but commercially naïve techies
Shipping's digitalisation requires trust and collaboration to succeed
Ship agents could find a new responsibility in making transformation accessible to all the port community. Companies with a global perspective and local insight are well placed to drive transformation
From the News Desk: Crew changes, climate and a rising China
Shipping frustrated at unpredictable crew-change rules, intensifying debate over emissions regulations, and why the US-China trade war still matters
Expert Focus: Overcoming the barriers to digitalisation
Digitalisation in shipping is happening, but true innovation that benefits the industry as a whole, rather than just siloed subsystems, is still being hampered. The maritime sector should look to the explosion of Fintech innovation that was catalysed by free-flowing data and the breakdown of siloes that existed in individual financial institutions
Alfa Laval acquires weather specialist StormGeo
StormGeo has been owned by private equity firm EQT for the past seven years, during which time investments in six add-on acquisitions have doubled its customer base.
Shipping ignores the human element at its peril
The Covid pandemic has shifted the emphasis back onto people working at sea and on shore. There has been a paradigm shift in the balance of power between employers and employees. Shipping must recognise this
Red tape holding back evolution of supply chain
A McKinsey study found that the US experienced 10 years of e-commerce growth in just three months at the peak of the pandemic, while digitalisation of the supply chain advanced by less than four years
Bank of China joins shipping blockchain platform
Pilot transactions have already been completed with two GSBN founding members, Cosco Shipping Lines and Orient Overseas Container Line
Container tracking gains traction with adoption of standard
Container tracking services are nothing new. But the granular nature of the container supply chain has made it difficult for them to be interoperable before now, limiting their usefulness
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