Read the full newsletter here. Some of you may know that I am married to a…
Read the full newsletter here.
Last week we noted that the tide seems to be turning on industry’s adoption of decarbonization tools and fuels with 63 newbuildings being ordered to accommodate future fuel use—whatever that might be. While our industry is coming from behind compared to other sectors, it has the opportunity to lead the field at the finish line of 2050!
It will not be without its perils and challenges as we work to change nearly EVERYTHING. Our quest to use digitalization tools for exploring autonomous shipping is giving us valuable information when we contemplate UNMANNED voyages. The experience of the Mayflower Autonomous Ship which encountered mechanical failures in its second attempt to cross the Atlantic is case in point. The complexity of shipping in its operations, challenging weather conditions, and multiple variables points to the need for personnel to be on board to address these issues.
Fully autonomous operations have performed will on land with the ability for human intervention when needed. The same cannot be said for the risks associated with being in the middle of an ocean. While this seems obvious, we need to draw the distinction between autonomous and unmanned- the first being a practical approach to dealing with the vagaries of shipping, and the second only applicable to coastwise or short sea transits.
Like RICH STRIKE, the chestnut colt that came from behind to win the Kentucky Derby, shipping has the chance to defy the odds and cross the finish line ahead of the field making our industry, our customers, and our planet all winners!!