The Impact Of AI: Shipowners Resent To Reveal Their Secrets To Machines

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  • Seaways, Inc., highlights the immediate benefits of AI technology onboard ships.
  • Discusses the evolving capabilities of AI in handling vast amounts of data.
  • Emphasizing the reluctance of shipowners to entrust their trade secrets to machines.

Initial Trials and Benefits Onboard

Lois Zabrocky, CEO of International Seaways, Inc., highlights the immediate benefits of AI technology onboard ships, emphasizing its utility for captains and crew members over shoreside operations, reports Seatrade Maritime.

Commercial Management Challenges and Investment

Morten Arntzen, Executive Chairman of Team Tankers International, discusses the challenges faced in commercial management and the investment in AI platforms, noting mixed performance compared to traditional methods.

The Role of People in Business Success

Michael Tusiani, Chairman Emeritus at Poten & Partners, argues for the enduring importance of human involvement in shipbroking, emphasizing the reluctance of shipowners to entrust their trade secrets to machines.

Opportunities and Optimism

Lorenzo d’Amico, Insurance Group Director at d’Amico Group, expresses optimism about the opportunities AI presents for the shipping industry, highlighting its potential to address challenges effectively.

Data Utilization and Efficiency

John Hadjipateras, Chairman of Dorian LPG, discusses the evolving capabilities of AI in handling vast amounts of data and its potential to improve operational efficiency and reduce environmental impact.

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Source: Seatrade Maritime