IoT-Enabled Dry Shipping Containers

174
Credit: the loadstar

Unlocking the potential of IoT-enabled dry shipping containers, Hapag-Lloyd’s groundbreaking partnership with Orbcomm and Nexxiot is reshaping the industry while raising questions about data ownership and liability. The loadstar source.

  • Hapag-Lloyd’s partnership with Orbcomm and Nexxiot is driving the adoption of IoT-enabled dry shipping containers, offering enhanced tracking and safety features.
  • The industry is witnessing a surge in telematics adoption as carriers race to keep up with the pioneering efforts, sparking competition and innovation.
  • Orbcomm’s collaborative approach to data-sharing and a focus on compatibility highlights the importance of an interconnected ecosystem, while questions about data ownership and liability linger in the background.

The Rise of Telematics in Dry Containers

Last year, Hapag-Lloyd partnered with Orbcomm and Nexxiot to equip its dry containers with tracking devices, ushering in a new era of smart containers. These affordable, versatile devices, priced at around $100 each, feature GPS and accelerometers to monitor container locations and even internal temperatures, potentially revolutionizing the industry’s safety standards.

The Domino Effect of Innovation

Hapag-Lloyd’s pioneering move into IoT-enabled dry containers has set a precedent, with Drewry forecasting that a third of dry containers will be equipped with telematics devices by 2027. The first mover advantage has prompted other carriers to follow suit, creating a wave of innovation and competition in the shipping industry.

A Collaborative Approach to IoT

Orbcomm, a leading tech company in this space, is taking a collaborative stance despite having no immediate rivals. EVP Christian Allred emphasizes the importance of data-sharing, highlighting their extensive experience and commitment to integration with other vendors. This approach aims to create a robust and interconnected ecosystem, fostering compatibility and industry growth.

Data Ownership and Liability

While IoT-enabled containers offer valuable insights, questions arise about data ownership and liability in cargo disputes. Orbcomm’s data-sharing policy ensures that shipowners own the data collected by their devices. This arrangement could motivate shippers and BCOs to gather their data, ensuring access in case of disputes. The debate continues on whether shipowners would willingly disclose data that might not favor their defense, raising potential legal challenges in the future.

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source-theloadstar