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Despite being at the core of the global economy, the shipping industry has been less digitalised. Cloud computing helps shipping companies reduce IT costs by shifting their workloads to the cloud. Cloud architecture enables companies to transform their multiple data siloes into a single repository from different sources. It can allow companies to turn their raw data into actionable insights with advanced technologies and intelligent services.
The digital revolution has dramatically changed our lives. Many digital services, devices, and robots are driving economic and social progress. Modern robotics has spread to almost every sector, including the shipping industry.
Artificial intelligence (AI) involves machines that are programmed to perform tasks that are normally performed by humans. The technology has been incorporated into several industries across the world, introducing sweeping changes in the way companies operate their businesses.
Shipping is a major lifeline for the transportation of global cargo. Cyber threats in the shipping industry have the potential to disrupt critical shipping trade routes, leading to a significant economic impact on global trade often running into billions of dollars.
The Internet of Things (IoT) is one of the growing trends in many industries, including the shipping industry. IoT in the shipping industry has revolutionised the sector by providing real-time data that helps in optimising shipping operations.
The adoption of environmental, social and governance (ESG) criteria is an emerging trend worldwide to evaluate shipping companies. Environment, the first component of ESG, is one of the most important indicators of sustainability and is directly linked to management practices of maritime operations.
Shipping is a large and highly complex industry facing ever-evolving challenges to meet specific procedures, policy goals, equipment, and operational requirements.
Fleet, crew and ship management software solutions help to optimise processes for ship operators. The solutions enable shipping companies to take proactive decisions and maximise returns on their fleet investment.
Bunker fuels, lubricants, and fluids are essential for smooth operations onboard ships. Bunker fuel solutions for ships help to maintain fleet availability, whereas lubricants help in reducing friction between the various moving parts aboard a ship to address overheating issues and enhance operational efficiency.
Seagoing vessels often face severe marine climates and experience recurrent wet-dry cycles, which accelerate cathodic/anodic reactions and cause corrosion that damages their submerged hulls, propulsion components, tanks, and deck equipment. Ship corrosion prevention is therefore highly important for keeping vessels running smoothly and efficiently when out at sea.
Ship owners and operators look for shipyards with experience in all aspects of ship conversion, including lengthening, refurbishment and reactivation, and companies with the ability to provide maintenance, repair and overhaul (MRO) services for different vessel types.
Marine propulsion systems, transmission and ship engine room equipment and systems play a key role in ensuring the reliable and continuous operation of a ship under harsh weather conditions while meeting environmental regulations and emissions requirements.