In a bid to lower its bunker bills and operational costs, the world’s largest shipping line, Maersk will be looking to use ‘Big Data’, according to Shipping Watch.
PTI previously reported that Maersk will be spending more on containerships and equipment in 2015 after recently launching its US$15bn capital investment programme.
Paolo Tonon, Head of Maersk Maritime Technology (MMT), said: “At Maersk Line, they have had success developing technical strategies alongside MMT regarding how to minimise operational expenses, and this is also thanks to data.
“You learn more about how the equipment functions on board the ships, and how to simply optimise the way in which you work with the equipment and lessen operational costs.”
As well as high bunker bills, shipping lines have experienced growth difficulties with endemic oversupply in the industry – a problem stemming from the financial crisis of 2008.