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Maritime’s technology revolution faces cost and talent challenges

The maritime industries are undergoing a revolution in terms of technological advances but faces challenges of cost and talent in realising their full potential according to a senior executive from DP World.

Speaking at TOC Asia in Singapore Mohamed Rahmah, VP of Ports and Terminals Systems for DP World, told the audience: “The maritime industry is witnessing a revolutionary transformation by integrating cutting edge technologies, including the IoT AI, advanced data analytics.”

In its terminals in Asia Pacific the terminal operator has rolled a digital twin at DP World ATI Batangas at the Philippines and is being used in a variety of areas such as predictive maintenance and increasing efficiency. With the implementation of the digital twin the port was able to increase quay crane movements by 3.1 moves in the space of just 23 days.

However, the implementation of technology does not come without its challenges. Speaking about these Mohamed Rahmah said: “The challenges of this are cost and people.” Through technology every year increased revenues are looked for through reduced costs through the implementation of technology.

“So, while there have been promising developments in the maritime industry the challenge persists, adopting advanced technologies that come with substantial costs, requiring significant investments from industry stakeholders,” he said.

“Moreover there is a pressing need for skilled workforce capable of operating and maintaining these advanced systems. Addressing these challenges will be crucial to fully understand the potential benefits of technology and technological advancements, and ensuring the sustainable growth of the maritime industry.

Asked about the issue of talent he said sometimes it can take six months to find the right talent for roles, however, he sees the younger generation coming into the workforce will be more