ARTICLE
12 July 2024

Artificial Intelligence And The Maritime Sector: Key Issues When Contracting To Procure

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Norton Rose Fulbright Hong Kong

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Norton Rose Fulbright provides a full scope of legal services to the world’s preeminent corporations and financial institutions. The global law firm has more than 3,000 lawyers advising clients across more than 50 locations worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg, covering Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East. With its global business principles of quality, unity and integrity, Norton Rose Fulbright is recognized for its client service in key industries, including financial institutions; energy, infrastructure and resources; technology; transport; life sciences and healthcare; and consumer markets.

TThe maritime sector is exploring AI, focusing on its impact, regulatory implications, unique contracting considerations, procurement models, and relevance of the EU AI Act for AI deployment and supply.
United Kingdom Technology

This article was first published by the Institute of Chartered Shipbrokers in 2024.

Like most other industries, the maritime sector is turning its attention to the possibilities offered up by Artificial intelligence (AI). Here we consider issues raised by contracting to procure the supply of AI in the maritime sector. We look at:

  • How AI will impact upon the maritime sector;
  • The implications of regulating AI for the maritime sector in relation to contracting for the procurement of AI;
  • What is unique about AI that changes the approach to contracting for its procurement;
  • Does the development and supply model change what should be in an AI procurement contract?
  • What the AI deployer (the business using the AI system) will want to have in the procurement contract;
  • What the AI provider (the business which develops an AI system) is likely to want in the contract; and
  • Whether the EU AI Act is relevant to the procurement of AI in the maritime sector.

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