The 8th Singtel Maritime ICT Roundtable 2016 sought to understand how maritime industry attitudes towards cyber security have moved on in the 12 months since the 7th Singtel Maritime ICT Roundtable in 2015. The discussions confirmed that cyber security is no longer a marginal issue but very much part of the maritime industry’s mainstream thinking. On a scale of 0 – 10 this year’s participants may – on average – have graded industry awareness around 5, but the range and depth of their answers belied cyber security’s ascent up the industry’s agenda.
The 7th Singtel Maritime ICT Roundtable 2015 sought to understand present maritime industry attitudes towards cyber security. Cyber security is seen as a high priority issue for those in the passenger ship in particular. As more electronics and increased use of bandwidth becomes a standard on board vessels, cyber security will feature more prominently on owner/operators agendas. Regulators, industry associations and maritime authorities are also turning their attention to maritime cyber security. Read on for more insights from industry leaders on Cyber Security in the Maritime sector.
As the maritime industry recovers from the challenging economic landscape that has affected most industries in recent years, many in the industry have placed Optimising Cost to Achieve Vessel Operational Efficiency as one of their key priorities in keeping their business afloat. Find out more about the views shared by senior industry leaders on this topic from this paper.
Topics discussed include improving shipboard operating efficiency to be on par with shore office, managing regulatory demands without increasing costs, improving efficiency and costs with supply chain partners, investing to improve life cycle costs and future proofing the shipboard environment.
Is What’s Really Driving Ship Efficiency a question you always have in your mind?
The white paper pulls together insights and takeaways from the 5th Singtel Maritime ICT Roundtable 2013. Hear what senior management in the shipping industry who attended the roundtable think about the following current affairs, to provide a bearing on what’s really driving ship efficiency.
- Compliance as a driver for competitive advantage and improved ROI
- Enhancing ship and information security
- Is satellite technology up to speed to achieve crew welfare and training at sea?
- The need for speed and new solutions through High Throughput Systems (HTS)
- Futurenautics – Technologies to ensure shipping’s long term future
How does ICT play a role in the shipping industry today, an industry that continues to face a challenging outlook, as it has done over the last few years?With shipping companies facing the combined challenges of low freight rates and high operating costs, the aim of the 4th Singtel Maritime ICT Roundtable, held in Singapore in 2012, was to explore with senior industry executives whether shipping companies are reaping tangible benefits resulting from the deployment of ICT to make operations more efficient.
The forum discussed just how far investment in ICT can help companies actually save on operating costs, how much of the savings could be derived through cost avoidance and exactly what companies would like to see happen moving forward.
With the rapid developments in satellite communications, there is a growing array of solutions to make the operation and navigation of vessels safer than ever before, yet the willingness of many owners to invest in these systems is not commensurate to the investments they make in the ships themselves or the value of the cargo. With its traditions dating back hundreds of years, shipping would often seem to stick to the way it has “always done things” rather than move with the times. Shoreside in offices yet shipping companies invest in IT much the same as any other business but when it comes to shipboard IT investments it is different matter.The 3rd Singtel Maritime Roundtable gathered together senior industry executives in Singapore from leading ship owners and managers to discuss how decisions on ICT and IT investment for ships are made, what uses they see as some of the key advantages that these investments can bring.
This idealised vision would have found many backers in the 19th century, but today’s maritime industry is not driven by a love for the sea but a tremendous focus on cost efficiencies and return on asset investments. The industry went through a high investment phase before it entered the financial crisis, resulting in a lower realisation per vessel per day. This has led to increased resistance to making new investments in technology. However, many early adopters across industries believe that investing in the right technological capabilities at the right time provides a sustainable advantage in the long term.Singtel held a roundtable discussion on Maritime Infocomm Technologies (ICT) investment strategy facilitated by Frost and Sullivan to understand the role ICT solutions can play in this industry.
As the shipping industry recovers from the 2009 slump, global crew shortage continues to wield an alarming impact on world trade. This paper discusses how maritime companies can improve crew welfare with recent technology innovations that have demolished traditional cost barriers.Solutions such as Singtel’s BigValue Maritime Broadband, developed and co-funded by the Maritime and Port Authority of Singapore, has made maritime broadband more affordable and accessible. Pioneering ship owners can enhance crew retention and increase operational efficiencies when they embrace today’s latest maritime technology developments, designed to enrich life at sea – from entertainment, connectivity with family and friends, to personal mobile communication.
With recent advances in satellite communications, broadband at sea is moving from a “nice to have” to a “must have” for many shipowners and managers. However, justifying the investment in shipboard IT remains an issue for some in the industry, with many of the benefits of greater office and bridge integration hard to quantify and explain to top management. There is also an issue of availability of shipboard applications, which are still at an early stage of development compared to applications for shoreside. With the advent of wireless mobile devices such as the iPhone and sophisticated ICT enterprise systems on shore, people are no longer willing to buy a box that simply connects to the internet and then find some use for it. Instead, they expect service providers to give them ready access to apps that enhance their experience of the product.Singtel held its 2nd Maritime ICT Roundtable discussion to understand the role ICT solutions can play in this industry to meet the increasingly complex IT enviroment onboard.