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Could “Robot Ships” Be the Face of the Future for the Shipping Industry?

  The idea of Autonomous transportation is successfully being implemented in trains and aircraft. The automobile industry to is on a trial with its adaptation. Yet the implementation of robotics in the shipping industry is different than that of other means of transportations. Some Facts About the Shipping Industry With the modern robotics technology hacking it is way into the biggest cargo trading, let us look at some basic facts about the international shipping world. ·          Around 90% of global trade is dependent upon the shipping industry ·          There are more than 20 million active cargo ships at sea globally. And this number is likely to further increase.                                                                                     ·          The Sea trade is expected to rise 20% in the next 2 decade ·          Ships are delicate assets with an average value of $200 million and require high-level maintenance. How the Modern Robotic Tech May Assist in t
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Top Tips to Global Trade Success in a Changing World Trader always wants to become a successful and get higher profit from there trade and try to minimize their loss as much as they can. For successful trading a trader needs to set perfect rules and regulation according to which they do their trading in the global market. China is become a member of World Trade Organization (WTO) in 2001. In 2001, china has miner contribution in the global trade but after a decade, china overtakes japan (in 2004) as a leading Asian exporter, then overtake USA (in 2007) and then Germany (in 2009) to become the world largest exporter in the world. In the global trade equation, significant policy changes, new regulations and ongoing negotiation and re-negotiation of trade deals all create questions, complexity and some degree of unpredictability. These changes in the world trading system within a decade. Rules or Tips of trade in the changing world: There are many rules that can help a
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