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?
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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.
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The U.S. Coast Guard has estimated that human error accounts for up to 96 percent of all marine casualties.
