Smart Ships, taking into account the applications of worldwide economic concepts and addressing the maritime sector regulations, aims to supply multi-layer optimization in fuel consumption, CO2 and carbon emissions control, and energy efficiency when full-fledged implementation is completed. It'll capitalize on available COTS technologies and can deliver an ICT & IoT-enabled holistic cloud-based maritime performance & monitoring system, for the whole lifecycle of a vessel, aimed to fully optimize the energy efficiency, emissions reduction, and fuel consumption, with regards to introducing circular economy concepts within the maritime field.
• AI Will Enable Ships to achieve a Greater Level of Autonomy and Sailors to possess a far better understanding of their Vessels. - AI (Artificial Intelligence) is a machine-based intelligence. AI refers to a computer-based perceptive which thinks and solves a drag on its own, that is, this is often perceptive and self-aware AI. Weak AI, on the opposite hand, doesn't even have intelligence but imitates intelligence employing a set of pre-prepared rules. samples of the foremost representative AI include autonomous vehicles, diagnosis, art, proof of mathematics, and games.
• Usage of AI Applications in Ships Helps in Eliminating Human Errors and Avoids Accidents - It is expected of the smart ships to lessen the marine accidents out of human errors by eliminating the risk through better decision-making algorithm and efficient decision-handling systems.
• Smart Contracts Enable Transparent Tracking of Shipments throughout the entire Shipping Value Chain - A more data-centric approach will expand the worth chain whilst potentially minimizing maintenance costs. Moreover, it can imbibe safety and efficiency at a better level in the operations and like-wise strategies.
• Augmented Reality in conjunction with Big Data Analytics will Provide an Immersive and Complete User Experience for Ship Navigation. - Augmented reality could work as a live view of the physical, real-world environment whose elements are visualized by a computer-generated sensory input like graphics, videos, and GPS data. The technology functions by enhancing the present perception of reality against the virtually perceived one.
• Sensors and Connected Systems will end in the Generation of Vast Amounts of knowledge to assist in Optimize Vessel Operation. - Smart sensors and satellite communication can facilitate an integrated network between onboard and on-shore systems and permit an outsized amount of condition data to be evaluated in real-time. There are different types of sensor data available during a ship like position, speed over ground, wind speed, fuel flow, shaft torque, shaft RPM, and emission data.
• Insights Generated from Big Data Enable Better deciding across Functions on Ships also as Ports. - Big data analytics also can be applied today to deal with current challenges, delivering enhanced safety, efficiency and productivity. Within the next 5-10 years, the mandatory adoption of ECDIS, incoming EU MRV legislation, and therefore the market drive for transparency and greater ship-shore connectivity will see the industry rely increasingly on the transmission and sharing of knowledge. The smart solution is to implement systems that will automate much of this to extend productivity and reduce man-hours
• Adoption of Cloud Makes easier workforce for both off and onshore in terms of Operations, Communication and Collaboration - The cloud service, which provides users with the IT resources that they have anytime and anywhere via wired and wireless mobile terminals and therefore the Internet, is attracting attention as a key industry within the 4th technological revolution. A cloud service is an on-demand service that gives Internet-based resources, software, and knowledge infrastructure.
• Cloud Enables Shipping Companies to take care of Centralized Data Management Systems and Apply Data Policies between Global Locations - Cloud services are generally divided into public, private, and hybrid supported service targets. the general public service is managed by the third service provider for the unspecified majority. It restricts services by fixing private policies for data that don't want to be shared and provides information that's necessary to share with the stakeholders.