Navis survey finds maritime sector prioritising technological investments

A study by Navis, designed to track the perceptions, intentions and mindset of the global maritime industry, has found that the vast majority of the sector plans to increase investments in new technology within the next 12 months.

Of 170 participants in the Navis Business Bellwether survey, over 90% of respondents expect their companies to increase technology spending in the year ahead, and almost 60% indicated that the increase will be 6% or more.

Although investment in technology is widespread, many respondents claimed that the pace of innovation is too slow, with 44% saying that it needs significant improvement.