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Norway building crewless container ship

     Crewless container ship

Norway is building a $25 million crewless container ship that will navigate itself.  The vessel, dubbed the “Tesla of the Seas”, will use a system of Global Positioning Systems (GPS), radars, cameras and sensors to exit and enter ports and navigate around other boat traffic.

Compared to a conventional container vessel, the crewless ship will cost about three times more to build, but up to 90% less to operate, primarily through sharp reductions in fuel and crew costs.   Norway is a leader in the race to build the world’s first crewless vessels, known formally as Autonomous cargo ships.  Semi-autonomous cargo ships could begin operations in the second half of 2018, and become fully autonomous by 2020.

For more information, contact Chris Barnard, Vice President – Projects & Market Development.

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Quick Tip #14
Don’t just insure the value of the goods

When insuring your freight, you are fully entitled to value your goods at a price above the base cost. Valuation of goods may include all freight charges, related costs, plus 10% (or more) to cover the administrative burden of processing a claim and to cover the insured’s profit. Since duty is still payable on damaged goods, make sure you insure the amount of duty as well.

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