Research Article
Implications of Technological Transformation in Maritime Transportation on Optimizing the Blue Economy
@INPROCEEDINGS{10.4108/eai.25-5-2024.2349456, author={Ardhi Dinullah Baihaqie and Darwati Susilastuty}, title={Implications of Technological Transformation in Maritime Transportation on Optimizing the Blue Economy}, proceedings={Proceedings of the 4th International Conference on Law, Social Sciences, Economics, and Education, ICLSSEE 2024, 25 May 2024, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2024}, month={8}, keywords={technological transformation maritime transportation blue economy}, doi={10.4108/eai.25-5-2024.2349456} }
- Ardhi Dinullah Baihaqie
Darwati Susilastuty
Year: 2024
Implications of Technological Transformation in Maritime Transportation on Optimizing the Blue Economy
ICLSSEE
EAI
DOI: 10.4108/eai.25-5-2024.2349456
Abstract
The advancement of maritime transportation technology is a strategic driver of the sustainable oceanic economy, known as the blue economy. This study examines how technological changes in maritime transport, such as automation, IoT, and autonomous vessels, impact operational efficiency, logistics costs, and trade access. Using a qualitative descriptive analysis, the findings show that adopting advanced technology in maritime transport speeds up goods circulation, reduces delivery times, and lowers logistics costs, thereby optimizing the blue economy. The implications for the blue economy are manifold, encompassing augmented transport efficiencies, the sustainable exploitation of marine resources, the fostering of technology-driven marine sectors, and the amplification of international trade accessibility. Nonetheless, impediments including regulatory shifts, initial capital investments, and cybersecurity vulnerabilities persist as salient considerations in the endeavor to technologically revolutionize maritime transportation. By comprehending the repercussions of technological transformation within maritime conveyance, stakeholders are empowered to formulate judicious policies and adaptive business strategies to optimize the blue economy concomitant with the technological progressions evident in maritime transportation.