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Innovations in maritime technology in 2023

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By Wasana Nadeeshani Sellahewa

(Commonwealth) _ Today, Splash outlines the likely major innovations this year in the first of a two-part poll looking at marine technology in 2023. The longer edition of tomorrow’s article will include the most likely technological flops in 2023. Osher Perry, CEO and co-founder of artificial intelligence (AI) company ShipIn Systems, provides some context by saying to Splash that “technology trends altering the marine sector come in numerous forms on the back of growing regulation and stakeholder pressure.”

Therefore, it is not unexpected that the urgent carbon footprint issue in shipping was selected by many respondents as the most crucial technological concern for the upcoming year. Class society analysis Methanol was the second most popular alternative fuel for newbuild orders last year, after LNG, according to data from DNV, with 35 ships ordered, bringing the total to 82 ships. Esa Jokioinen, director of sales and marketing at ship designer Deltamarin, predicts that demand for methanol-fueled ships will increase along with the popularity of wind-assisted propulsion in 2023 for both retrofits and newbuilds.

Therefore, it is not unexpected that the urgent carbon footprint issue in shipping was selected by many respondents as the most crucial technological concern for the upcoming year. According to Aleksander Askeland, chief sales officer of Yara Marine Technologies, 2023 will signal the beginning of the market’s acceptance of the value of the adaptability and agility of wind-assisted propulsion technology for the future of shipping due to variety of reasons. He claims that as fuel supply and costs become more problematic, shipping’s initial reluctance to adopt wind propulsion technology has diminished in recent years. While there has been progress, mainstream adoption of future fuels is not expected to happen by the 2030 deadline for emissions objectives, according to talks of these fuels. Askeland adds that when it comes to infrastructure and retrofitting, shipping needs to take into account any prospective expenditures related to future fuels.

Like many other respondents, Frrup believes 2023 is going to be a significant year for wind propulsion systems. He also believes that year will demonstrate, through initiatives like green corridors, how technology and cooperation can play a role in decarbonizing particular routes and bringing together industry leaders in new multiparty contractual relationships for mutual benefit.

The anticipated communications revolution and green shipping behind each other by a very little margin in this year’s Splash marine tech study. Tore The integration of low Earth orbit (LEO) satellite services and their initial applications for marine customers, according to Morten Olsen, president, maritime for Marlink, will significantly alter shipping this year in terms of technology.

In connection with this, Olga Kadeshnikova, customer success leader at data provider Spire Marine, is one of many individuals surveyed by Splash who thinks that consolidation in the maritime tech business in the form of further acquisitions will be a highly significant trend to keep an eye on in 2023.

This year, according to Michael O’Brien, vice president of the Norwegian weather forecasting company StormGeo, AI technology will start to really influence the industry’s course, enabling ships to comprehend patterns, data, and utilisation in a manner that has never been possible before. Using the expertise and insightful opinions of individuals in the business, CargoMate’s chief operating officer Emma Mark believes there is a significant potential for the sector to refocus its digital journey.

The maritime sector has grown in popularity among businesspeople and investors alike, in addition to raising its reputation among the general public. As a result, the maritime technology sector will continue to experience significant M&A, consolidation, and new entry activity. Additionally, you can anticipate that at least one non-traditional player will make a sizable investment in the maritime sector as a means of enhancing supply chain resilience.

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