Page 18: of Maritime Reporter Magazine (November 2018)

Class Delivers the

DIGITALIZATION

Smart Shipping

About the Author

Howard Fireman, is the Chief Digital

Of? cer, American Bureau of Shipping

Vision (ABS).

Shipping’s digital transformation is all themselves are undergoing the digital There are, however, common threads. nical complexity. As more mainstream around us, impacting the smallest vendor transformation of their operating models Many digital pilot projects are ongoing companies embrace the digitalization of to the largest owner, across ? ag, class that will be required to bene? t from a across the maritime industry, driven by their businesses, they must work to align and shipyards, right up to the primary data-enabled maritime community. desires to achieve community goals such their digital strategies with their desired regulator. In trying to assess the impact of digi- as lower maintenance or fuel costs, the business outcomes; investment deci-

In these early days, there are many talization, it’s important to recognize optimization of spares and components, sions should be driven by core business competing visions of the digital future. that shipping is a highly diverse industry the digitalization of processes and im- requirements and market positioning,

But the central question for ship own- composed of multiple market sectors, provement of day rates. and so support their overall strategy.

ers and operators should not be whether which have their own competitive pres- Most early maritime adopters are com- Because digital and data strategies cut their partners are delivering the required sures and are evolving at different depths ing from the energy-related sectors, across broader industry goals – such as solutions; it should be whether they and speeds. where assets have high degrees of tech- performance optimization, regulatory

Image: ABS 18 Maritime Reporter & Engineering News • NOVEMBER 2018

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