Big Data and Predictive Analytics for efficient shipping operations
17 Feb 2022, 1000 IST
This session is now over. You can watch the YouTube video on demand below:
Context and Overview:
Maritime Industry collects a lot of data – for example, crew log, equipment log, logs of internal and external conditions of the ships, forms filled out at ports, canals, waterways, additional records by various agents. Given the variety and volume of data generated, Big Data in maritime can be categorized under these utilities – Managing vessels, cargo & ports, route & fleets.
MIV 2030 also mentions enhancing the operational efficiency in several areas such as Safe operation, Schedule management, Fleet planning, Fleet allocation, Maintenance, etc.
How is this bulk of data collected being used across the maritime sector to develop tools to enhance maritime operations?
Post COVID what type of predictive tools can assist in the digital transformation of the maritime sector? What options exist today? How are they lacking and what is the scope of research (if any)?