The added value from AI on sustainable business models - How AI improves economic and environmental sustainability in the shipping industry

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dc.contributor.authorHultman, Arvid
dc.contributor.authorSkog, Olle
dc.contributor.departmentChalmers tekniska högskola / Institutionen för mekanik och maritima vetenskapersv
dc.contributor.departmentChalmers University of Technology / Department of Mechanics and Maritime Sciencesen
dc.contributor.examinerOlsson Neptun, Tomas
dc.contributor.supervisorRingsberg, Henrik
dc.date.accessioned2023-10-27T06:55:59Z
dc.date.available2023-10-27T06:55:59Z
dc.date.issued2023
dc.date.submitted2023
dc.description.abstractThis bachelor thesis explores the added value of Artificial Intelligence (AI) on sustainable business models and its prospects within the Swedish shipping industry. The study focuses on identifying the potential benefits and challenges of integrating AI technology into shipping practices to make them more economic and environmentally sustainable. The research is based on a literature review that includes sources from various countries, while the case study delimits the analysis to the Swedish shipping industry. The study examines the benefits of AI in optimizing vessel operations, reducing fuel consumption, and predicting maintenance of equipment. Additionally, challenges such as regulatory compliance, technological barriers, and stakeholder collaboration are addressed. Drawing on the literature review and the case study, the paper shows that AI has the potential to add value to sustainable business models in the industry by improving vessel performance, reducing carbon emissions, and promoting overall economic and environmental sustainability. Keywords: AI, Artificial intelligence, Added value, Sustainable business models, shipping, AIS, economic sustainability, environmental sustainability
dc.identifier.coursecodeMMSX17
dc.identifier.urihttp://hdl.handle.net/20.500.12380/307290
dc.language.isoeng
dc.setspec.uppsokTechnology
dc.subjectAI
dc.subjectArtificial intelligence
dc.subjectAdded value
dc.subjectSustainable business models
dc.subjectshipping
dc.subjectAIS
dc.subjecteconomic sustainability
dc.subjectenvironmental sustainability
dc.titleThe added value from AI on sustainable business models - How AI improves economic and environmental sustainability in the shipping industry
dc.type.degreeExamensarbete på kandidatnivåsv
dc.type.degreeBachelor Thesisen
dc.type.uppsokM2
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