Smart-ship adoption slowed by perception, not price, Columbia Group says

Columbia Group president and chief executive Mark O’Neil said in Athens this week that the cost of creating ‘smart vessels’ has fallen dramatically in recent years, making digitalisation a financially viable and operationally compelling option for shipowners and managers.

Speaking at a Capital Link conference in Athens, he said one of the biggest barriers to digital adoption in shipping today is no longer technology itself, but a lingering misconception around cost.

“There...