The South Korean government is planning to build smart shipyards equipped with artificial intelligence technology in a move expected to boost the cost competitiveness of the nation's small to mid-size shipbuilders.
The maritime industry has usually been slower when it comes to transformation. However in recent years, the digitalisation and automation of its supply chain has significantly changed shipping from the inside.
When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one.
GoodFuels Marine and Blockchain Labs for Open Collaboration, have successfully completed the world’s first bunker delivery and transaction using blockchain technology.
Distributed ledger technology such as blockchain could boost trade by more than $1 trillion in the next 10 years, according to a recently-released World Economic Forum
The 4th Industrial Revolution is happening in almost every sector including transportation - where it creates queries with respect to how maritime is investing in Internet of Things
Fluor Corp. and IBM have developed artificial intelligence-based systems to predict, monitor, and measure the status of engineering, procurement, fabrication
