Avikus, a South Korean company, is racing ahead in its quest to develop and produce navigation systems for self-driven large commercial ships as well as recreational vessels. This sector has had a robust growth rate for the decade and Avikus is acting upon it.
The navigational systems in the boats are akin to self-driven cars where they can detect and maneuver around obstacles while following a preprogrammed path. According to Avikus, these self-driven vessels will provide a solution to the industry which has to cope with a labor shortage as well as boost fuel efficiency.
The navigation system depends heavily on deployed cameras around the vessel that look out for the obstacles in the path and at the journey’s end, it will also allow the boat to dock in safety, an event that is dependent on human skill that can cause accidents if done improperly. The technology for this is under development.
Avikus CEO Lim Do-hyeong said that 80-90% of maritime accidents are caused by human error where self-driven technology can reduce the odds of miscalculation to make shipping a safer option. The technology will allow the ships to follow pre programmed routes more accurately leading to lower fuel consumption.
Acute Market Reports in a 2020 survey said that autonomous ships would cut shipping costs by 20% while predicting that the autonomous shipping market will increase at a rate of 12% to $235.73 billion by 2028. Avikus has received support from the government for the furtherance of this maritime project.