How AI And Big Data Help Promote Efficiency In The Maritime Industry

Over the last decade, a myriad of industries and sectors have increasingly utilized data collection and artificial intelligence (AI) to help streamline many aspects of their business. The maritime industry is no different. Taking advantage of AI and big data can pave the way to improve efficiency and productivity, reports Work Boat.

What is AI?

AI is essentially a computer system designed to complete tasks that normally are completed by humans. Tasks like pattern recognition, decision-making and...

https://mfame.guru/how-ai-and-big-data-help-promote-efficiency-in-the-maritime-industry/

How Digitalization Can Help Promote Transparency In The Maritime Industry

Digitalization can enhance transparency, accountability and disclosure throughout the ship recycling supply chain, reports Riviera. 

Data Issues

Data quality and fastidious administration is vital to ensuring compliance with the latest hazardous material requirements in the European Union (EU) and the growing international regulation framework. But inconsistencies, data issues and a lack of knowledge across the sector is causing shipowners to be fined thousands of euros by port state control...

https://mfame.guru/how-digitalization-can-help-promote-transparency-in-the-maritime-industry/

Big Data στη ναυτιλία

Η ναυτιλιακή εταιρεία Κawasaki Kisen Kaisha (“K” Line) και η Ship Data Center Co. Ltd. (ShipDC) προέβησαν σε συμφωνία για τον διαμοιρασμό των λειτουργικών δεδομένων από όλα τα πλοία του στόλου της “K” Line που είναι εξοπλισμένα με το ολοκληρωμένο ΙCT σύστημα της Kawasaki (Kawasaki Integrated Maritime Solutions), που δίνει τη δυνατότητα της εξ αποστάσεως παρακολούθησης διαφόρων λειτουργιών του πλοίου. Ο διαμοιρασμός των δεδομένων θα γίνεται μέσω της ανοιχτής πλατφόρμας Internet of Ships...

https://www.naftikachronika.gr/2021/02/09/big-data-sti-naftilia/

AI and Big Data, Key Players In The Creation Of An Integrated Digital Ship

  • Based on a survey, it was concluded that vessel optimisation is the area that needs technology influence.
  • Owners need systems that can remotely connect bridge system data with communications infrastructure to give them access to a vessel data dashboard on a per vessel basis.
  • However, IT is being seen as a differentiator rather than an enabler.
  • Experts believe that Artificial Intelligence can optimize vessel performance and thus reduce excess fuel consumption and emission.
  • Big Data to change...

https://mfame.guru/ai-and-big-data-key-players-in-the-creation-of-an-integrated-digital-ship/

Interos helps companies realize, act on supply chain risk

Interos helps companies realize and act on their supply chain risk (Photo: Interos)

The COVID-19 pandemic has upended supply chains, changing logistics stakeholders’ perspectives on risk within their operations. 

Businesses now more than ever are scrambling to gain more visibility into their processes. This visibility is essential as it remains one of the hurdles for businesses to understand their association with stakeholders from both upstream and downstream operations. 

Interos, a risk management company, is looking to ease this struggle by using artificial intelligence (AI)...

https://s29755.pcdn.co/news/interos-helps-companies-realize-act-on-supply-chain-risk

Η ψηφιοποίηση, φάρος ελπίδας για τη ναυτιλία

Η ψηφιοποίηση, τα big data και οι νέες τεχνολογίες, όπως η τεχνητή νοημοσύνη, αποτελούν το κλειδί για την ανάκαμψη της ναυτιλίας στη μετά Covid-19 εποχή. Τα παραπάνω δήλωσε ο Γενικός Γραμματέας του IMO, Kitack Lim, σε webinar της Ναυτιλιακής Αρχής της Σιγκαπούρης (MPA) σχετικά με την ψηφιακή συνδεσιμότητα και τα πρότυπα δεδομένων, το οποίο πραγματοποιήθηκε στις 28 Ιουλίου.

Ο κ. Lim τόνισε πως η ναυτιλία, η οποία αποτελεί τη ραχοκοκαλιά της παγκόσμιας οικονομίας, θα αποτελέσει μία από τις...

https://www.naftikachronika.gr/2020/08/04/i-psifiopoiisi-faros-elpidas-gia-ti-naftilia/

Flexport claims its data advantage can provide ‘opportunity in chaos’

Flexport claims it has won business during the tariff war and Covid-19 crisis by making better use of data than larger rivals.
“We like to say there’s opportunity in chaos,” said Sanne Manders, the forwarder’s chief operating officer, “because when there’s chaos your competitors are paralysed.
“They are larger, bureaucratic organisations, not typically built on modern technology, and they don’t have all the data at their fingertips. So they have to start redesigning …

The post Flexport claims...

https://theloadstar.com/flexport-claims-its-data-advantage-can-provide-opportunity-in-chaos/

How machine learning improves the efficiency of freight operations

Just a few years ago, the state of the art in freight brokerage technology was software-assisted pricing and matching. A simple tool might take a base rate for a certain origin-destination pair and add a seasonality modifier based on historical data, then give a human broker a ranked list of the carriers most likely to service the freight. 

Then the phone calls would start, and often the broker would find out that the market had turned and that carriers weren’t available or weren’t willing to...

https://s29755.pcdn.co/news/how-machine-learning-improves-the-efficiency-of-freight-operations

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