Digitalisation of processes was under discussion before Covid-19 struck, although there was a lack of urgency. Now, however, shipowners no longer ask tech companies about cost but about keeping ships running
While the low-hanging fruits have already been taken, the next phase will see the integration and application of more disruptive technologies, such as data integration and analytics, and increasing use of automation and autonomous operations
The positives of lockdowns include more phone and video communications with customers as business travel slumps, but shipping companies in the container sector are finding it harder to win new accounts because of shipper preference to stay with familiar carriers, while other activities such as contract negotiations or staff recruitment have become more complicated
Many shipping companies have shied away from exploring the advantages of digital tech; the solution lies in recognising the value of a partnership in which both parties benefit, says Wärtsilä’s Sean Fernback
When the Digital Container Shipping Association was founded nearly two years ago, it promised tangible results. The rollout of a succession of new digital standards has proved it is keeping this pledge, while its recent set of standards for electronic bills of lading is its most significant action yet
As part of a Lloyd’s List special report on digitalisation in shipping we are looking at shipping’s progress towards efficiency and integration on the podcast this week. Joining Lloyd’s List Editor Richard Meade is Sean Fernback, president of Wärtsilä Voyage, who is a relative newcomer to the sector and offers an outsider’s perspective on the challenges and opportunities that shipping has yet to face
The benefits of remote working are likely to be offset by the loss of team spirit, fewer networking opportunities, and less chance for business travel and overseas postings that have helped shape the careers of today’s maritime industry leaders
The pandemic has forced class societies to do more inspections remotely. This could be a welcome push to drive a reluctant industry toward more digitalisation, with hints of exciting possibilities for the future. But are remote surveys actually better?
The IMO 2021 resolution has laid the groundwork for shipping companies protecting their operations against cyber threats. With awareness now prevalent across the board, attention will turn to implementation
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