Study Calls for 'Liberation of Data' in Shipping Shift for Decarbonization
Siloed data systems represent a “recipe for duplicative and multiplicative cost inside a company and across companies”, an OrbitMI-hosted panel at the recent Shipping Insight event in the US was told, as a Bureau Veritas-backed study highlighted this as a big barrier to data collaboration for digitalization of shipping to cut emissions.Vast amounts of data are generated from ship operations - such as from sensors onboard or vessel performance management systems - as well as from…
Data-Driven Voyage Optimization: The Demise of the Data Silo
We’ve had the means for a while, now we have the incentive to crush the data siloes that are holding back voyage optimization.Like kids in the sandpit, owners and charterers are being forced to share, perhaps more than they really want to. The IMO and the EU, for starters, are setting data-driven decarbonization rules, and those in the sandpit are having to respond.Ship managers and data analysis specialists are developing technical solutions to boost transparency with the aim of facilitating shared responsibility on CO2 emissions, but it’s no easy task.
Chinese Data Law Adds to Global Shipping Disruption
Ships in Chinese waters are disappearing from tracking systems following the introduction of a new data law in China, frustrating efforts to ease bottlenecks that are snarling the global economy, according to three shipping sources directly impacted.China's Personal Information Protection Law, which came into effect on Nov. 1, has added to a raft of new rules designed to increase government control over how domestic and foreign organizations collect and export China's data.Although…
