Digitalization is happening now in the shipping ecosystem. Big words aside, what this means to shipowners is that information about equipment, processes, you name it... can be generated, stored and analyzed in larger quantities, with more precision, and from new vantage points.
Five lines are joining the Digital Container Shipping Association giving the group that aims pave the way for digitalisation and standardisation of box shipping some 70% of the market as members.
AP Moller - Maersk has launched a digital customs clearance platform for seven European countries, which claims to be an industry first, with an expand the system globally by year end.
The introduction of digitalisation to the shipping sector will not reinvent the industry, but it is needed to increase efficiency according to logistics software solutions firm Singular Point.
Four major lines – AP Moller-Maersk, Hapag-Lloyd, MSC and ONE – have jointly established Digital Container Shipping Association (DCSA) to drive standardisation, digitalisation and interoperability in the industry.
Digitalisation and the uptake of technology for the shipping sector will eventually bring the industry up to a whole new level of digital connectedness, even as this driver of change is happening only at an incremental pace, according to a panel of industry leaders.
The changing times in maritime and shipping were in focus at the opening ceremony of Sea Asia 2019 on Tuesday morning, with Singapore’s Senior Minister of State for Transport Janil Puthucheary highlighting some of the challenges the industry is facing.
LNG containment systems specialist GTT has created a Digital Hub of Excellence in Singapore and launched specialised programs in Maritime Business Process Digitalisation, Smart Shipping and Smart Ports.
Whilst many people believe that the IMO’s ambition to reduce shipping’s 2050 carbon emissions by at least 50% compared with 2008 levels appears to be an almost impossible target, shipping economist Martin Stopford does not agree.