Technological advances including artificial intelligence, the Internet of Things, blockchain applications, autonomous ships, drones and others have the potential to boost efficiency in the global shipping industry, says the 2018 edition of UNCTAD’s Review of Maritime Transport.
Since growth in demand for seaborne trade is running ahead of supply, according to the latest data in the report, new technologies could introduce much-needed cost, time and environmental efficiencies.
“Digitalization has...