An Examination of the Impact of Artificial Intelligence on Maritime Port Efficiency and Businesses

Résumé fourni par la source

This study examines the impact of AI on the Port efficiency of selected ports in Europe, Asia, and North America. Inefficiency at the Ports has a detrimental effect on importers and exporters. The study framework relies on the Benchmarking theory. Research has shown that port delays have a negative multiplier effect on the economy. This study examines the implications of AI on the port efficiency of selected smart ports in the industry, such as Singapore, Rotterdam, Hamburg, Antwerp Bruges, Montreal, Long Beach, Valencia, and Barcelona. These ports serve as a benchmark for traditional sub-Saharan African ports. The implication of AI on Port Efficiency will serve as an impetus and a benchmark for other ports in Africa to consider AI a plausible solution to the long-standing inefficiency problems plaguing ports in sub-Saharan Africa. The Malmquist Productivity Index measures these ports' efficiency and productivity for 2017-2023. The result showed that four ports, Hamburg, Singapore, Valencia, and Rotterdam, had a Malmquist Productivity Index greater than 1. These ports can be used as a benchmark for sub-Saharan African Ports that have yet to transform into smart ports. The research developed a generic transformational framework to guide traditional ports.

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