By Emily Chasan (Bloomberg) -- At noon every day -- when the sun is directly overhead -- the world’s fleet of commercial maritime ships report their position, speed and weather conditions. It’s the primary way ships track how much fuel they’re burning and how to to use less of it, and they’ve been doing it this way for at least 200 years. Surely there’s a better … [Read more...]
OOCL and Microsoft to Develop Artificial Intelligence Applications for the Shipping Industry
Hong Kong-based shipping company Orient Overseas Container Line (OOCL) has teamed up with Microsoft's research arm in Asia to advance the application of Artificial Intelligence research in the shipping industry. The collaboration will look for ways to use AI to improve shipping network operations and achieve efficiencies within OOCL's business. The project is expected to … [Read more...]