2015 Jul – Maritime Executive – E.U. Funds Next Step in Digital Traffic Control
The E.U. has decided to contribute 21 million Euros ($23 million) to the Sea Traffic Management (STM) Validation Project. STM is developing the information technology platforms needed to boost voyage planning and traffic flow in shipping. The project aims to overcome many of the current challenges in communication and information sharing that exist between stakeholders in the maritime transport industry.