AI applications in the shipping industry Fleet Management... AI-based risk management systems can analyze data from various sources to identify and mitigate risks in the shipping industry, such as weather, traffic and piracy.
As explained, the increasing presence of lithium-ion batteries carried on container ships amid rising misdeclarations has become a major concern for the shipping industry given the risk of fire.
With decarbonisation a major priority for the maritime industry, sustainable fuels, such as methanol, will play a vital role in helping shipping to reduce its greenhouse gas emissions.
Shipping costs are falling. ZIMIntegrated stock price continued soaring even as the shipping costs continued moving downwards as te crisis in the Middle East eased ... The shipping industry is expected to go through substantial headwinds this year.
One of the challenges facing the shipping industry is a lack of certified locations capable of undertaking this type of recycling work ... financing of circular ship dismantling projects in the future.