5 Future Trends In Shipping Industry To Look Out For

The world has experienced so many developments and advancements thanks to technology. Just like the other industries that have significantly benefited from these advancements, so has the shipping companies and the logistics companies been able to enjoy its slice of the creamy cake. The shipping industry has enjoyed continuous changes and adaptations so as to meet the growing needs of the current commercial marketplace proving to be a global provider of courier services. Hence becoming a more competitive, efficient and cost-effective industry. The industry is huge and complex and is constantly affected by the ever-changing global trends and technology advancements, fuels and energy costs, and raw materials. These advancements have made shipping in Canada to be more customer efficient.

Below are 5 trends that show the ever-growing change in the shipping industry. The trends affect the different opportunities present in the marine manufacturing industry.

  1. Digital sensors

This technology is used to monitor the operations of the ship. The technology has received some serious improvements and sophistication to increase its efficiency. A few years from now, ships will be provided with a complete set of sensors that will be able to measure every aspect of the vessel’s operation even detecting technical faults in the ships and locating the areas that require repair or maintenance. The ship will also be able to shore communications hence many of the operations of the vessel can be controlled from land by the fleet managers.

  1. Bigger mega ships

The recent improvements seen in the ship construction technology, materials used and the structure will allow the construction of bigger and more powerful water vessels to be used by the shipping companies. One of the biggest ships in the world is the MOL Triumph measuring about 400m long and with carrying capacity of 20150 TEU containers. The manufacturers in the shipping industry are now utilizing the low transport cost associated with the big vessels in an effort to campaign for the production of very large ships that provide efficient use of the available container storage space.

  1. Greener shipping

The whole world is now moving towards every aspect of the production of environmentally friendly products. This has been greatly attributed by the global community pressuring many nations to reduce the amount of carbon footprint. Ships are currently being targeted as the next subject to reduce its carbon footprint. Technologies are being explored that will allow low carbon fuels, with propeller designs that are more efficient and enhanced voyage planning. This will save on the fuel cost, air cushioning to lower friction and better hull coatings.

  1. Using LNG (Liquefied natural gas) as fuel by Shipping Companies

The liquefied natural gas has attracted the attention of the stakeholders in the shipping industry as a possible fuel source alternative. The LNG could turn out to be the best solutions with regards to solving the problem of carbon emissions. Using LNG will reduce the carbon emissions by 25% compared to the carbon emissions got from the diesel engines. Even though such a full implementation of LNG as the main fuel source will take some time, the shipping industry is considering introducing special vessels that use LNG as the main fuel source.

  1. Using wind and solar energy to power ships

Other energy source options that are being explored by the shipping industry include wind energy and solar energy. Already such technology I being tested to determine its viability in the industry. We have the Turanor PlanetSolar vessel (catamaran) powered by about 29,000 solar cells. The vessel has made very many successful journeys around the globe. Having a variety of better fuel source for the future vessels will prove to be environmentally friendly objective.

 

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