Roughly ninety percent of world trade is carried by the international shipping industry which remains the most cost-efficient means for the global transportation of goods. Obstinate culture of the industry and barriers shipping must overcome in order to adopt digitalization are the reason why the sector has lagged behind in the process of digital transformation (DX). Shipping is in transition to acquire prospects of digital transformation with respect to optimized cargo handling, improved maritime procurement and logistics processes, enhanced efficiency, safety and minimizing environmental impacts. Based on a literature review the current study provides an overview of methods of digital technology implementation in maritime industry, discusses accompanying challenge areas and presents trends for it surmounting. Main result of the study is identifying and grouping of factors which characterize digitalization process in shipping industry.


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    Title :

    Digitalization in Maritime Industry: Prospects and Pitfalls


    Additional title:

    Lecture Notes in Intelligent Transportation and Infrastructure



    Conference:

    Workshop on ICTE in Transportation and Logistics ; 2019 ; virtual workshop, Latvia September 10, 2019 - September 13, 2019



    Publication date :

    2020-01-31


    Size :

    8 pages





    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




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