A field trial leveraging on Artificial Intelligence(AI) in predicting near misses between vessels conducted in the busy waters of the Singapore Strait has yielded positive results, according to Japan’s Fujitsu Limited.
Stena Line is embracing new technology and working with technology company Hitachi to develop an artificial intelligence (AI) model that will help predict the most fuel-efficient way to operate a certain vessel on a specific route.
Wärtsilä is the latest big shipping name to tie up with a start-up, announcing an official partnership with theDOCK Innovation Hub, an Israel-based maritime-focused start-up accelerator.
The CMA CGM Group continues its drive towards innovation and greater digitalization with its collaboration with San Francisco-based start-up specializing in the use of artificial intelligence (AI) for maritime transportation, Shone.
With the rapid pace of change in the liner industry, technology is an essential and useful way to address the new demands, Ocean Network Express (ONE) ceo Jeremy Nixon told the opening session of the Singapore Maritime Technology Conference.
Singapore is preparing well for the future of the maritime industry through investments in innovation as well as adopting the right mindset. These were the key messages at the opening of the Singapore Maritime Technology Conference (SMTC), which is part of Singapore Maritime Week 2018.
Hong Kong-based line Orient Overseas Container Line (OOCL) is the latest to dive into the world of Artificial Intelligence (AI), announcing a partnership with Microsoft research arm Microsoft Research Asia (MSRA) to apply AI research to improve network operations and achieve efficiencies within the shipping industry. The collaboration is expected to nurture over 200 AI developers over the next 12 months.
New ways of looking at already new ideas was the thrust of the appropriately named Global Perspectives: The Future of Shipping, a new event at Singapore Maritime Week 2018 where a panel sought to discuss the transformation taking place in the maritime industry and possible disruption of current business models by players outside the industry.
Global ocean shipping e-commerce portal, information and service provider INTTRA is once again at the forefront of the digitisation wave, putting up a white paper highlighting the effects it will have on the industry.