JUNE- 2020AEROSPACEDEFENSEREVIEW.COM6EditorialWith the rising tides of technology, the landscape of the maritime industry has also witnessed changes. In recent years, the sector has witnessed significant advancements in shipbuilding, smart shipping, propulsion technology, and advanced materials. Big data, analytics, sensors, and robotics have become an integral part of the maritime industry. The industry's growth has on an upward trajectory, and the growth achieved in the last few years can be described as nothing short of `titanic.' As global GDP rises, the ripple effect will cause a considerable increase in the shipment of goods via sea routes. This provides an excellent opportunity for companies to capitalize on the growth and expand their businesses and improve operational development at ports. As the maritime industry prepares for growth in the volume of goods, the significance of environmental sustainability will also increase. As the threat of climate change continues to rise, organizations need to develop new methods to grow the business while remaining environmentally responsible. Contrary to popular belief, environmental sustainability will only help in increasing revenues than hinder it. Cleaner technology means lesser costs on fuels and energy. The money saved can also be invested in other areas like digital practices. As global competition rises, autonomous digital processes will dominate the administrative procedures, rendering paperwork obsolete. With digital documentation, shipping transactions will be more straightforward due to the absence of complex functions such as training and certification, international operations, quality control, and container and port management.In this edition of Aerospace and Defense Review, we have compiled a list of the most promising maritime companies in the industry to help our readers identify the most suitable companies to fulfill their needs. Do let us know your thoughts.Riding the Wave of Technology in MaritimeJonathan AllredManaging Editorjonathan@aerospacedefensereview.comCopyright © 2020 ValleyMedia Inc., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.JUNE - 1 - 2020, Vol 02 - Issue 05, ISSN 2691-395XPublished by ValleyMedia Inc.To subscribe to Aerospace & Defense ReviewVisit www.aerospacedefensereview.comManaging Editor Jonathan AllredEditorial StaffAndrea FrancisJohn SmithRosalind JacobsJem ElizabethRichard Taylor Surajit Narayan DekaVisualizerAsher blake*All Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmailsales@aerospacedefensereview.comeditor@aerospacedefensereview.commarketing@aerospacedefensereview.com
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