A new report published by DNV has revealed that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalization if it enables innovation and new technologies.The sector’s appetite to take on emerging risks arising from digital transformation is notably higher than other critical infrastructure industries including energy
Artificial intelligence (AI) is set to revolutionize shipping by enhancing safety and efficiency, Christopher J. Wiernicki, ABS Chairman and CEO, said, while also noting the growing importance of the human touch in this high-tech era.“Maritime 5.0 will be defined by the ever-expanding capabilities of artificial intelligence, driving our complex industry to be safer
Product and chemical tanker shipping company Ardmore Shipping Corporation on Monday announced that its current senior vice president and chief commercial officer Gernot Ruppelt will succeed company founder Anthony Gurnee as CEO.Gurnee will retire on September 16, 2024, at which point Ruppelt will step into the CEO position and current CFO Bart Kelleher will take on the additional role of
The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by autonomous shipping startup Orca AI showed on Tuesday.The use of the technology could reduce the need for maneuvers and route deviation from close encounters with high-risk marine targets such as vessels
Big data, advanced computers and AI are allowing vessel designers to prepare models that leave essentially nothing to chance.“Lastly, it may be of considerable importance to form from the draught a block model of the vessel from which a still more accurate judgment may be formed of the fitness and beauty of the body.
The Philippines and China traded accusations on Sunday over a collision of their vessels near a disputed shoal in the South China Sea as tensions over claims in the vital waterway escalate.The Philippine coast guard accused China of firing water cannons and ramming resupply vessels and a coast guard ship, causing "serious engine damage" to one
Erika Graziuso, Chief Information Officer, Crowley, brings a breadth and depth of non-maritime experience to bear in her quest to drive Crowley’s digital transformation in the name of decarbonization, holistic transportation efficiency and crew attraction and retention.Emulating best practices from industries outside of maritime has been a mantra in boardrooms and conferences for decades
CMA CGM and Google announced a partnership to accelerate the integration of artificial intelligence (AI) across CMA CGM's operations globally.“By combining CMA CGM’s deep expertise in shipping and logistics with Google's AI tools and secure infrastructure we can help CMA CGM digitally transform its own operations and those of its customers," said Sundar Pichai, CEO of Google and Alphabet.
![Tip #60 - AI & Maritime Trainers ... "Watch Your Back ... " [Part II]](https://images.marinelink.com/images/maritime/w300h300c/copyright-slowlifetraderadobestock-151157.jpg)
Training Tips for Ships [#60]Last month’s Training Tips for Ships discussed the role of Artificial Intelligence (AI) in the future of maritime training. My thoughts on this were triggered by the recent headline in the Financial Times: “Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups“.
Digitalizing processes makes shipping more flexible, efficient and eco-friendly. Artificial Intelligence (AI) is playing role of growing importance in these efforts. At the leading international maritime trade fair in Hamburg, the topic will be covered in depth at the AI CENTER, where innovative start-ups will showcase their solutions.
Last week’s headline in the Financial Times was startling to me: “Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups“. Oh boy. Andreessen Horowitz is one of Silicon Valley’s most prominent venture capital firms with an eye for investing in the next generation of tech companies that will change our lives.
The maritime transportation system, the lifeblood of global trade, is undergoing a digital revolution. Automation and artificial intelligence (AI) are transforming how ships operate and cargo moves. However, this increased reliance on technology creates a double-edged sword: while AI offers powerful tools for cybersecurity, it also presents new vulnerabilities to exploit.