Autonomus sea trade, possibility for the near future? : A study on the possibility and probability of unmanned vessel trade, economical sustainability and willingness from ship and cargo owners.

Abstract:  The advanced technology has influenced every industry including the automotive sector, communication industry, maritime, and electronic sector. Through a qualitative research method this study aims to explore the possibility of employing unmanned and automated sea vessels in sea trade along with its major benefits and challenges to get a clearer view of where and when unmanned and automated sea vessels is going to change the future of the maritime sector. It also includes the willingness of ship owners and cargo operators to adopt the new technology. The findings indicate the existence of autonomous ships in the coming 10-years but legislation needs to be adopted for making the autonomous shipping possible for international trade. The conclusion being that autonomous ships are the future of the shipping or maritime industry. Cost-effectiveness is the potential benefit while legislation has been considered a major challenge.