Innovative Technologies and Efficiency in Merchant Shipping

Abstract

The maritime industry has witnessed remarkable transformations with the advent of innovative technologies that have revolutionized the efficiency of merchant shipping. Using artificial intelligence and analytics on a variety of publicly available data, transportation companies can collect and analyze real-time data to make informed decisions. In modern conditions, the potential benefits of autonomous vessels equipped with advanced sensors, machine learning algorithms and sophisticated control systems are being explored. The ability to work without human intervention minimizes errors, reduces costs and optimizes cargo handling processes. However, challenges such as cyber security and the need for comprehensive regulations remain open for further research.