This Friday PTI is focusing on the Fourth Industrial Revolution (4IR), which has already started, as mobile super-computing, AI, robotization, autonomous systems and neuro-technological brain enhancements are developing at exponential speed and changing the world around us. But what change will the shipping industry face?
Previous industrial revolutions liberated humankind from feudal societies and made mass production possible, as well as bringing digital capabilities to billions of people.
This Fourth Industrial Revolution is, however, fundamentally different.
It is characterised by a range of new technologies that are fusing the physical, digital and biological worlds, impacting all disciplines, economies and industries, and even challenging ideas about what it means to be human.
PTI has featured the World Economic Forum's documentary this week, as we believe from insights shared by many experts such as Yvo Saanen from TBA, that logistics will start to change the industry significantly and ports need to embrace technological advancements in order to keep up with world trade development.
This is why experts such as Nick Earle, Hyperloop One’s SVP of Worldwide Field Operations, and TBA's Yvo Saanen are joining PTI’s second annual Terminal Automation & Training C-Level Networking Conference.
Hyperloop One aims to create continuous and autonomous freight networks through low-pressure tubes that will send cargo at very high speeds directly to a destination and achieve same day delivery over very long distances.
Digitisation is also impacting the supply chain as IBM and Maersk will start collaborating in using blockchain technology to help transform the global, cross-border supply chain and making the software available to the shipping and logistics industry.
So, as we see steps taken towards a new future, how will ports have to adapt in their systems and training in order to keep up with these developments?