As with many other industries, technological advancements like AI and the cloud are rapidly changing the way the maritime industry operates, improving its safety, efficiency, and margins.

 

Edward Traylor says some of those developments can’t come soon enough for the shipping industry in particular, which has struggled to turn a profit for years due to declining cargo loads and rising costs. He shares a few of the latest advancements in maritime technology and outlines how they’re changing the industry for the better.

 

Traylor anticipates that 3D printing will also become a more prominent aspect of the shipbuilding industry in the future and that 3D printers will increasingly be installed aboard ships and within shipyards.

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