Editor Iinterchange

WHAT IS BIG DATA AND HOW IS IT SHAPING THE FUTURE OF THE SHIPPING INDUSTRY?

Business organizations have been administering their routine functions using computers for several decades now. We know computers are information processing machines that process data to yield the information a user is looking for. Businesses are overwhelmed with both organized and unorganized data constantly. Finally, what organizations do with such data is that matters. Reliable estimates …

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How is maritime digitalization driving cost reduction and operational efficiency?

The pressing need to digitalize operations in the shipping sector was not more pronounced than at present, when the industry is on course to sailing back to normalcy after battling one crisis after another following the Covid-19 epidemic. The code of behavior enforced during the epidemic showed we can manage our daily routines without the …

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The inevitability of a digital approach to container shipping and supply chain logistics

Maritime transport is the mainstay of global trade and supply chain. Over four-fifths of global trade by volume is transported by sea. For long distance mass transportation, maritime is the most dependable and cost-effective mode. From 1970 to 2018, the volume of global trade has increased by an average 3% each year. This reached a …

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