A lot has been written about the art of vessel purchase decisions. Supported by IRR (internal rate of return) and NPV (net present value) analyses, as well as an assessment of the selected sector cycle position, purchase decisions can be made with some supportive evidence.

Digitalisation is throwing up daily challenges to the shipping industry’s established order with faster connectivity and enhanced functionality driving the transparency of information flow across almost every area of the business.

Goes without saying that the data are becoming the new raw material for all business, from the small to the enterprise.

Digitalization is rapidly transforming the business of international shipping.

Space Horizon is a company dedicated to Maritime Services using high tech solutions. A very intersting interview with the Managing Director of Space Horizon Mr. Spiros Kapotas, follows:

We have all heard the expression ‘don’t run before you can walk’, but in the maritime industry, it seems that we might be getting a little bit ahead of ourselves in the rush to realise ‘the age of autonomous shipping’.