The Effects of Developments in Digital Technologies on the Activities of Maritime Businesses and Ships

In the era of digitalization, record-breaking leaps in information and communication technologies (ICT) are revolutionizing industries worldwide, including the maritime transport sector. The theme of this research is to examine the effects of digitalization on maritime business models and ships. Utilizing a qualitative, explanatory, and applied research design, the study reviews secondary data and literature to explain how digital technologies such as broadband systems, wireless networks, and Internet of Things (IoT) are transforming maritime communication, navigation, and ship management systems. Results show that digitalization powerfully enhances operational efficiency, reduces manpower requirements, and introduces new economics paradigms like the use of cryptocurrencies. However, it also has its downsides in the shape of heightened cyber threats, particularly with the introduction of autonomous ships. The discussion stresses the need for updated training, robust cybersecurity measures, and the adoption of next-generation satellite communication technologies (like Starlink, Iridium) to preserve the industry's flexibility and security. The report finds that adjusting digital means and policies is paramount to the competitiveness, efficiency, and security of maritime players with a more data-focused world economy.