Tag Archives: Autonomous Ships

Autonomous ships are coming

You’ve heard about self-driving cars, but what about autonomous ships?

Fortune Tech reports that the world’s first autonomous cargo ship, to be christened the Yara Birkeland is expected to start sailing in 2018, initially delivering fertilizer along a 37-mile route in southern Norway.

“The ship, according to the Wall Street Journal, will cost $25 million, about three times as much as a conventional ship of similar size, but will save up to 90% in annual operating costs by eliminating both fuel and crew.”

Analysis by Allianz Global Corporate & Specialty (AGCS) shows that human error accounts for approximately 75 percent of the value of almost 15,000 marine liability insurance claims studied over five years, equivalent to over $1.6 billion.

From the AGCS Safety & Shipping Review 2017:

“Autonomous vessels could improve maritime safety and revolutionize movement of cargo on a scale not seen since containerization.”

Check out Insurance Information Institute facts & statistics on marine accidents.