- Title
- An analysis of how smart ships are going to impact the manning costs of merchant ships by 2028
- Creator
- Ramonyaluoe, Tshepo
- Subject
- Shipping
- Date Issued
- 2019
- Date
- 2019
- Type
- Thesis
- Type
- Masters
- Type
- MBA
- Identifier
- http://hdl.handle.net/10948/43024
- Identifier
- vital:36725
- Description
- The maritime shipping industry is one of the most important industries in global logistics and economics. It facilitates international trade of goods and other commodities, whilst also supporting other sectors like tourism and the oil and gas industry. Despite technological breakthroughs over the years, the maritime shipping industry has not undergone any huge and fundamental changes in the way it conducts business. This is about to drastically change with the advent of the fourth industrial revolution. For the past two decades, the industry has been battling escalating operating costs due to challenges pertaining to diminishing skilled labour, increasing fuel costs and growing environmental concerns. These challenges are fast approaching crisis levels and a solution appears to be on the horizon in the form of smart ships; autonomous and remotely controlled ships that fully embrace the benefits of artificial intelligence, robotics and automation. The main purpose of this research is to determine how smart ships are going to affect the costs of manning a merchant ship by 2028. The study analyses the voyage cost structure of merchant's vessels, and looks at how smart ships are going to impact the costs of crewing a ship. This is a qualitative study that employed futures methodology called Environmental Scanning. This paper has led to conclusions and recommendations that should enable maritime shipping companies and agents to develop strategies that yield increased competitiveness in the age of smart technologies and big data.
- Format
- vii, 78 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | TSHEPO RAMONYALUOE.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |