Machine Learning & Maritime: Meet Xeneta's Market Rate Outlook
'Ocean container shipping must harness the power of machine learning to protect supply chains' was an overriding message at the Xeneta Summit in Amsterdam.“While nobody can predict Covid-19 or the Red Sea Crisis, procurement professionals are constantly making decisions based on their outlook for the next few quarters," said Fabio Brocca, Chief Product Officer, Xeneta." When there is so much volatility and uncertainty across global supply chains, providing market guidance feels like an impossible task.
ioCurrents: Deep Diving into the Data
When setting out to maximize efficiency on board any type of commercial vessel, it’s most beneficial to look at the big picture, taking into account the entirety of its systems and operations, but examined at a granular level. Traditionally, this has been much easier said than done.But latest advancements in cutting-edge artificial intelligence (AI) and machine learning technologies like those being leveraged by Seattle-based tech company ioCurrents are unlocking new possibilities.
Maritime Safety Finds a Future in the Cloud
Orca AI, headquartered in Israel and founded in 2018, has a simple yet complex premise: develop and deliver an intelligent safety platform for the maritime industry to prevent collisions. To date it has attracted attention and business globally, working with SeaSpan, NYK, MSC, Shell Shipping and Marubeni amongst others. Maritime Reporter TV recently caught up Orca AI CEO and co-founder Yarden Gross for insights on the reality today, and the promising potential for AI in the maritime sector.Yarden…
Using AI To Advance Engineering Analysis: Not More Data, More Physics
The goal of engineering analysis is to use models of the real world to simulate and predict the performance of a design with confidence, explore design modifications, and inform downstream stakeholders—the owners, builders, operators, and passengers—with knowledge that the design works as intended before it is built. To do so, we need models that characterize the physical world. That is easier said than done, but it underpins much of what we do as engineers. This is precisely…
Groke Pro Machine Vision Gets ClassNK Tech Nod
ClassNK granted its Innovation Endorsement for Products & Solutions to an object recognition system on machine vision and sensor fusion called Groke Pro developed by Groke Technologies Oy.In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement as a swift certification service in cooperation with technological front runners to establish appropriate evaluation criteria. Among the certification categories, "Products &…
