In view of the ongoing “Technological Revolution”, organizations across industries are investing in new technologies to optimize their business operations and improve results. The shipping world has always been receptive to change, and shipowners are aware of the benefits of technology, even if some have been slow to embrace new ways of working. In the next decade, several changes will be observed across the Shipping Industry. The development of eco-friendly technologies, eco-friendly fuels, applicable to “smart” vessels, in combination with the enhancement of digitization, will not only empower, but also increase productivity, while the operational expenses will be reduced.