Bird and Bird
4:30 PM BIG DATA AND THE SHIPPING SECTOR
- What is big data? What types big data are relevant to commercial sea freight?
- Sharing and using big data. Finding a safe way for relevant stakeholders to access big data
- How can you share big data? Is blockchain technology the answer?
- Examples in practice – where are we? – now and in the near future
- Increasing the level of on-board automation in a manner which satisfies existing maritime law and insurance requirements. Is the application of maritime technology hindered by regulation, uncertainty in relation to liability of involved parties and the lack of insurability? To what extent should the maritime industry itself propose a revised regulatory and legal framework to ensure progress rather than wait for the national and international regulatory bodies to adapt?
- Overseeing an effective classification process for digitised and automated vessels. To what extent does the current approach need to change? Will classification societies as independent third parties be able to enhance insurability and ease regulatory changes by providing certification and overlooking smart shipping operations?
- The data security challenge. As fleet operators digitise their end-to-end operations, including their engagement with freight customers, how can they ensure that they comply with the demands of data security? Are cyber risk and the relevant types of losses that can be suffered from a cyber attack insurable in the current market? If not, what needs to change?