The Future Face of Shipping: Mastering the Digital Wave

Conferences, Seminars, Forums, IT and Communications — By on May 16, 2018 at 7:18 AM

Vassilis Antoniades, Senior Partner, Head of the Athens Office BCG, making the opening remarks

New Technologies in Shipping was the main subject of the Shipping Event which took place at the SNFCC yesterday, organized by The Boston Consulting Group on the occasion of the Posidonia 2018; Emily Lionis writes:

Vassilis Antoniades, Senior Partner, Head of the Athens Office BCG (Boston Consulting Group) , made the opening remarks by stating that digital revolution and disrupting innovation is already affecting shipping, and is a key success factor for the whole world and our everyday life.

Ms Camille Egloff, Senior Partner, Global Leader Transportation & Logistics BCG, intended to answer the critical question “What will the face of shipping be in 10 years from now?” by making a wishful statement that it will be connected, greener and autonomous. Seaborne trade volume is expected to keep growing while disruptive technology is already available. She further analyzed the applications of ‘Internet of Things’ (IoT) across the Shipping Industry and the characteristics and impact of blockchain on Trade and Logistics.

Camille Egloff, Senior Partner, Global Leader Transportation & Logistics BCG

Ms Egloff admitted that the entire Shipping ecosystem is about to transform, and this may be practically proven by the heavy investments made to this effect, by Tech Companies and Digital Players, as well as by the massive funding received by startups. On a final note, Ms Egloff discussed the competitive advantages of Greek Shipping, the most crucial being the cost advantage of Greek owners, which however, appears to be shrinking as other leading maritime centers are also leveraging technology, and closed her speech by mentioning the three areas where Greek shipping must focus on, in order to remain on top of the wave, the years to come.

In the course of the evening, a panel discussion took place, where the participants had the chance to make questions to Ioannis Martinos, CEO of Signal Maritime, Jesper Praestensgaard, Vice-Chairman of Unifeeder and Board Member of NYSHEX, Stephen MacFarlane, CIO of V.Group and Ulrik Sanders, Senior Partner, Global Leader Shipping, BCG, on matters related to Artificial Intelligence, New Solutions in global satellite communications, blockchain, and finally, the importance of changing mindset towards technology and innovation.

On the left, Camille Egloff moderating the panel discussion

The event ended with a cocktail reception at the premises of “Faros” – the roof top of SNFCC, with magnificent views over the sea and sunset of Kastella.

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