The world of shipping is under heavy pressure. The traditional business model used in the marine industry is not agile enough to support quick changes and improvements are slow to adapt.
Large investments will drive energy storage in battery technology forward! We believe that battery energy capacity will increase 10 to 20 times of today the next 10 years, pretty much all short sea challenges can be solved on battery operation, charged from a clean energy sources.
Green Energy production
50% of research funding to major universities is channelled into Green (clean) energy production. New solutions, like bacteria producing hydrogen from water, has already been demonstrated. From the sunlight, production of electric power is showing increasing efficiency, from earlier 10% to about 25% - 34% today, while the price is plummeting, soon one of the cheapest form or energy available. Hydrogen driven fuel cells are introduced by major car manufacturers to become an emission free source of power. Maybe this concept can also be applied in ship transports? We also see a trend of local energy production, to a lower cost and based upon green energy production.
Artificial Intelligence – advanced communication technologies
Sensors, equipment and systems will in an increasing speed interact and perform autonomous actions from artificial Intelligence and by means of robots. The self-learning systems will also be available in shipping operations.
Information will be available to everybody all the time through new communication technologies. The introduction of Block chain technology in to trade will change this business. There will bemore common sharing of assets and sharing of information. This will make it easier for new players to enter the field of shipping transportation.