At Burmester & Vogel, we're committed to staying at the forefront of maritime technology innovation. Our recent participation in the CMA Shipping 2024 event in Stamford, Connecticut, further solidified our position as industry leaders sharing applications of artificial intelligence to shipping operations.

Industry Insights from North America's Premier Maritime Gathering

Once again, the annual CMA Shipping event, organized by Informa Markets and the Connecticut Maritime Association, proved why it's considered North America's flagship conference for shipping professionals. With over 1,200 attendees and 115 speakers from across the maritime industry, the event provided a robust platform for discussing crucial topics such as energy transition, decarbonization, and integrating AI and digital technologies in shipping.

Burmester & Vogel Takes Center Stage

Our CEO, Evangelos Efstathiou, has been a longtime guest speaker at the CMA conference and was invited back for the panel session on "Maritime Technology: Applications of AI in Shipping." This speaking engagement underscores our company's growing role as a thought leader in the maritime technology sector, underpinned by our expertise in leveraging AI for demurrage management and laytime calculation solutions.

Evangelos participated in a thought-provoking panel discussion alongside other industry leaders, including:

• Peter Hadjipateras, VP of Performance Technology at Dorian LPG
• Ali Riaz, Chairman and CEO at Orbit MI

Nick Chubb, Founder and author of Thetius, skillfully moderated the panel. This assembly of experts delved into AI's transformative potential in the shipping industry, offering attendees a comprehensive view of how artificial intelligence is reshaping maritime operations.

A Vision for the Future of Shipping

During the panel, Evangelos shared a bold prediction that captured the audience's attention: "If AI and machine learning continue their current pace of rapid development, in five years, you will be able to manage the same number of ships with half as many ship operators in the office."

This statement highlights the immense potential of AI to revolutionize shipping operations, making them more efficient and cost-effective. At Burmester & Vogel, we're already working towards this future with our advanced Demurrage AI Copilot Platform and Laytime Calculator.

Networking and Knowledge Exchange

Beyond the speaking engagements, CMA Shipping 2024 offered unparalleled networking opportunities. Our team engaged with industry peers, potential clients, and partners, discussing how our AI-driven solutions can address the challenges faced by commodity traders, shipowners, and port agents in both the dry bulk and oil/gas shipping sectors.

Looking Ahead: Innovations on the Horizon

Inspired by the insights gained at CMA Shipping 2024, we're more committed than ever to pushing the boundaries of what's possible with AI in maritime technology. Stay tuned for exciting updates on our Demurrage AI Copilot Platform and other innovative solutions that will shape the future of shipping operations.

As we continue to enhance our core products, we remain dedicated to providing clients with cutting-edge tools that streamline operations, reduce costs, and drive efficiency in the maritime industry.

Contact our team today for more information on how Burmester & Vogel can transform your shipping operations with AI-powered solutions.