Data analytics to shape shipping, says Kuehne + Nagel

Singapore

DATA analytics will be at the core of the next wave of development in the maritime sector, said Detleft Trefzger, CEO of logistics services provider Kuehne + Nagel on Monday.

Dr Trefzger, the keynote speaker of the 11th Singapore Maritime Lecture, at the Ritz Carlton, argued for the use of data and predictive analytics among box carriers, now that this has proliferated in the adjacent industries. The event was by invitation only.

The use of data analytics has yet to catch on big time in shipping though Dr Trefzger said that this maritime sub-sector can reap extensive benefits, not l…