Episode 94: Maritime Digitalization Year in Review 2024 with Evan Efstathiou
The Last Dinosaur - Maritime Shipping In The Digital Age
Release Date: 12/23/2024
Episode 94: Maritime Digitalization Year in Review 2024 with Evan Efstathiou
The Last Dinosaur - Maritime Shipping In The Digital Age
Episode 94: Maritime Digitalization Year in Review 2024 Guest: , Managing Director of and Chief Executive Officer of Editor's Note: Please note that there were some minor audio inconsistencies on the host's side during this episode. We appreciate your understanding and hope you enjoy the discussion! Episode Overview: In this annual tradition, Christopher Aversano is joined by Evangelos Efstathiou for the third year in a row to review the year in maritime digitalization and tech. They discuss the biggest trends of 2024, including the evolution of AI in the maritime industry, private...
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Episode 93: Navigating Ports and Innovation with Tommy Mikkelsen, Managing Director at Trelleborg Marine and Infrastructure
The Last Dinosaur - Maritime Shipping In The Digital Age
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The Last Dinosaur - Maritime Shipping In The Digital Age
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The Last Dinosaur - Maritime Shipping In The Digital Age
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The Last Dinosaur - Maritime Shipping In The Digital Age
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Episode 89: Seafarers, Decarbonization, and Diversity at Sea with Ralph Juhl, EVP, Technical at Hafnia
The Last Dinosaur - Maritime Shipping In The Digital Age
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The Last Dinosaur - Maritime Shipping In The Digital Age
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Episode 87: Navigating the Future: Seafarers' Welfare and Maritime Challenges
The Last Dinosaur - Maritime Shipping In The Digital Age
Episode 87: Navigating the Future: Seafarers' Welfare and Maritime Challenges Guest Panelists: , Executive Director, , , NAMMA , Executive Director, Episode Overview: Recorded live at the , this special World Maritime Day episode of The Last Dinosaur brings together key experts to discuss the future of seafarers' welfare and the challenges facing the maritime industry. Our panelists dive into this year’s theme, Serving Seafarers: First Things First, exploring critical topics such as sea blindness, the growing influence of digital connectivity, and the role of new technologies in shaping...
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Episode 86: Navigating the Future of Trade Logistics with Jan Hoffmann of UNCTAD
The Last Dinosaur - Maritime Shipping In The Digital Age
Episode 86: Navigating the Future of Trade Logistics with Guest: Jan Hoffmann, Head, Trade Logistics at the Episode Overview: In this episode, we sit down with Jan Hoffmann, Head of Trade Logistics at UNCTAD, to discuss the critical role that digitalization and sustainable development play in shaping global trade. We explore how the demand for digital data, particularly in maritime logistics, has skyrocketed since COVID-19 and the increasing reliance on tools like AIS tracking and AI. Jan shares his insights into decarbonization, energy transition, and the evolving landscape of logistics,...
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Episode 85 Wind-Assisted Propulsion with Cristina Aleixendri Muñoz
The Last Dinosaur - Maritime Shipping In The Digital Age
Episode 85: Wind-Assisted Propulsion and Innovation in Maritime with Guest: Cristina Aleixendri Muñoz, COO & Co-founder at Episode Overview: In this episode, Chris Aversano talks with Cristina Aleixendri Muñoz about bound4blue’s cutting-edge wind-assisted propulsion systems. They explore how these systems reduce fuel costs and emissions, the challenges of innovating in shipping, and the growing role of regulation in driving adoption. Cristina shares insights on the transition from aeronautics to maritime, the importance of crew engagement, and the challenges of scaling hardware...
info_outlineEpisode 94: Maritime Digitalization Year in Review 2024
Guest: Evangelos Efstathiou, Managing Director of SkySail Advisors Ltd and Chief Executive Officer of Burmester & Vogel
Editor's Note: Please note that there were some minor audio inconsistencies on the host's side during this episode. We appreciate your understanding and hope you enjoy the discussion!
Episode Overview: In this annual tradition, Christopher Aversano is joined by Evangelos Efstathiou for the third year in a row to review the year in maritime digitalization and tech. They discuss the biggest trends of 2024, including the evolution of AI in the maritime industry, private equity’s increasing influence, and the critical intersection of decarbonization and digitalization. Evangelos also shares updates on SkySail’s exciting partnership with AMA Capital and Burmester & Vogel’s game-changing advancements in AI for demurrage management.
Key Points:
- AI’s Transformational Role: AI’s integration in maritime operations has moved beyond hype, with practical applications driving revenue growth and operational efficiency. Burmester & Vogel’s AI solutions now account for 25% of its revenue, highlighting the technology’s real-world impact.
- Regulatory Push Toward Decarbonization: 2024 saw an increased focus on decarbonization initiatives such as FuelEU, with digital tools playing a pivotal role in tracking and optimizing emissions.
- Private Equity and Platform Consolidation: Evangelos highlights Kpler’s acquisition of Spire Maritime and MarineTraffic as an example of the ongoing trend of private equity-backed consolidation in maritime tech.
- SkySail’s Partnership with AMA Capital: The collaboration combines SkySail’s maritime tech expertise with AMA Capital’s proven investment banking capabilities, creating a new suite of services for maritime tech investments.
- The "Real AI" at Burmester & Vogel: After three years of development, Burmester & Vogel’s AI tools for demurrage management are redefining the workflow, automating processes, and significantly reducing human labor.
- Challenges in AI Adoption: While enthusiasm for AI is high, customers are navigating the noise created by vendors offering AI solutions without clear value. Evangelos draws parallels with the blockchain buzz five years ago.
- Consolidation in Maritime Efficiency Solutions: A bold prediction for 2025 suggests significant mergers between software and hardware players, offering holistic efficiency services from hull coatings to weather routing.
- Interest Rates and VC Funding: Rising interest rates have forced startups to focus on self-sustaining economics, challenging maritime tech ventures to prove product-market fit in a high-CAC environment.
Special Mention: Christopher Aversano’s podcast is proud to be a media sponsor of London International Shipping Week, coming in September 2025. Stay tuned for more updates on this exciting collaboration!
Learn More: Check out Episode 89: Seafarers, Decarbonization, and Diversity at Sea with Ralph Juhl, EVP, Technical at Hafnia
Tune in Now: Available on Spotify, Apple Podcasts, and more! Watch the episode on YouTube.
Music by: Peg and The Rejected 'King of SKA'
Art Work By: GA Design
Produced by: Chris Aversano
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