Future Autonomous Shipping Revolution
I know WSO usually talks about how automation will affect the finanical industry but what do you guys think about how technology will disrupt the shipping industry?
By one consultant's estimate, moreover, carrying sailors accounts for 44 percent of a ship's costs. That's not just salaries: crew quarters, air-conditioning units, a bridge (which typically requires heavy ballast to ensure a ship's balance) and other amenities take up valuable weight and space that might otherwise be used for cargo.
The U.S. Coast Guard has estimated that human error accounts for up to 96 percent of all marine casualties.