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The Israeli startup that could prevent the next Maritime disaster

Results for The Israeli startup that could prevent the next Maritime disaster Israeli startup ‘Captain’s Eye’ developed an AI-based ship safety and security system that prevents maritime accidents and malfunctions. The company signed partnership agreements with three of the world’s leading container shipping companies and is in the midst of a large round of financing. Guest Contributor / By: Liza Koren The shipping industry has a key role in the global economy: 90% of world trade is currently transported over water (the remaining 10% is transported over air and land), and the value of goods crossing waters every year is estimated at $4 trillion. Over the past 50 years, the​​ floor space of ships was increased by 1,500% so that more goods could be transported in each shipment. However, the number of crewmembers was not increased accordingly, and has in fact decreased, a reality that has made it almost impossible to identi

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