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the necessary land-based infrastructure. While zero-emissions solutions have been
implemented in niche applications, there is a lack of established solutions for large-
scale ocean shipping, resulting in conflicting opinions and debates among the
shipping industry on alternative ways to decarbonize. Organizations seeking reliable
guidance must now navigate this complex landscape. I feel confident multiple
solutions to these conundrums lie in the young fertile minds sitting in this hall today
and I implore you all to face these challenges with a keen and incisive, intellect,
precise logic, disciplined research and professional application.
INNOVATION AND CONTINUOUS LEARNING

Technology is advancing at a very rapid pace. Current knowledge has a half-life of 4
years, meaning that every 2 years, 50% of what you know becomes outdated. It is
here that innovation will also be required – implying that a 360- degree spectrum
engagement in the maritime sector is needed
Supply and demand imbalances, environmental imperatives, and lack of expert
workforce are significant challenges in the maritime industry. The future trends in
the maritime industry minimize the impact on marine operations. Transition to
cleaner energy sources and energy-efficient integrations are reducing the
environmental consequences of industry. Artificial intelligence (AI), big data and
analytics, the Internet of Things (IoT), robotics, and blockchain are applied to various
segments to improve operational efficiency. Additionally, immersive reality
technologies like augmented and virtual reality specifically focus on training,
engineering, and inspection.
INNOVATION MAP OUTLINES THE TOP 10 MARITIME TRENDS

One of the data-driven research provides innovation intelligence that helps you
improve strategic decision-making by giving you an overview of emerging
technologies in the maritime industry. In the Maritime Industry Innovation Map
below, you get a comprehensive overview of the innovation trends & startups that
impact your company.
Top 10 Trends in the Maritime Industry (2024)

1. Artificial Intelligence
2. Clean Energy

3. Maritime Robotics

4. Energy-Efficient Integrations
5. Maritime IoT

6. Blockchain

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