Remember meForgot password?
    Log in with Twitter

article imageCMA CGM connects up with AI startup for improved shipping

By Tim Sandle     Jun 7, 2018 in Business
Major shipping company, CMA CGM Group, has entered into a partnership with San Francisco-based startup Shone, with a focus on improved artificial intelligence for maritime transportation.
CMA CGM has agreed that Shone can gather onboard data and analyze to enable improved ship navigation, this technology will allow crews with decision support in terms of maritime safety and piloting, and improve shipping-based supply chains. It is a sign of the digital transformation of shipping, which includes technologies around safety, navigation, connecting buyers and sellers, automating financing. and strengthening supply chain through blockchain.
Shone will focus on security and anti-collision alert systems, drawing data from multiple sensors. Sensors include RADAR, camera, and automatic identification systems, the latter which integrates a standardized VHF transceiver with a positioning system such as a GPS receiver. This is to improve detection accuracy, and therefore reduce the chances of collisions occurring. The technology is designed to meet the current regulation protocol for avoiding potential at sea collisions: the Convention on the International Regulations for Preventing Collisions at Sea, of 1972.
Shone is a new venture, founded by three French engineers in 2017. The company is developing artificial intelligence, drawing upon the types of technologies in-progress for road vehicles and upscaling these to work on large ships. CMA CGM (Maritime Freighting Company - General Maritime Company) S.A. is a French container transportation and shipping company, and the biggest shipping company, operating 200 shipping routes between 420 ports in 150 different countries.
The collaboration is, according to The Maritime Executive, in line with the group's strategy of digital transformation as announced by Rodolphe Saadé, who is the Chairman and CEO of the CMA CGM Group.
In related news, this month the corporate venture capital arms of port operator PSA International and CMA CGM signed a Memorandum of Understanding intended to drive "digitalisation and innovation in the shipping and supply chain ecosystem”. This is focused on developing a vibrant startup network in Singapore.
More about Artificial intelligence, Startup, Shipping
More news from
Latest News
Top News