From Yahoo Finance: 2025-04-28 09:22:00

The maritime industry has seen a surge in data accessibility since the 1980s, but inefficiencies arose due to lack of standardisation and data management expertise. The industry now embraces a data-driven mindset, focusing on transforming raw data into actionable insights for better decision-making. Quality over quantity is key, with AI and machine learning aiding in real-time data analysis for efficiency and sustainability. The industry must shift towards prioritising actionable, curated datasets to drive informed decisions and operational efficiency. By leveraging smarter data for predictive maintenance and operational optimisation, shipping companies can reduce costs, improve sustainability, and gain a competitive edge.



Read more at Yahoo Finance: it needs better maritime data