Core Insights - Evergreen Line is implementing smart container technology from Orbcomm to enhance cargo monitoring and security [1][2] - The technology aims to provide real-time alerts for various cargo conditions and improve supply chain sustainability [2][4] - Orbcomm has enabled over one million smart containers, indicating a significant shift in the maritime industry towards intelligent shipping assets [2][3] Technology Deployment - The latest rollout involves Orbcomm's second-generation smart dry container system, which includes advanced security and cargo integrity sensors [3] - This system is designed for longer voyages and aims to provide lower total cost of ownership (TCO) and higher return on investment (ROI) for shipping lines [3] Industry Trends - The maritime industry is moving towards enhanced cargo protection and operational transparency, driven by demand for real-time data [4] - Orbcomm operates in the industrial IoT sector, with over 2.4 million connected devices globally, indicating a robust infrastructure for smart shipping solutions [4] Recent Developments - In March, Folk Maritime Services Company announced plans to implement Orbcomm's smart container technology across its fleet, further highlighting the growing adoption of such technologies in the industry [5]

Core Insights - ORBCOMM has partnered with Evergreen Line to equip its dry container fleet with smart container technology, marking a significant advancement in the maritime industry towards intelligent, connected units [1][2] Company Overview - ORBCOMM is a global leader in industrial IoT, with over 30 years of innovation and more than 2.4 million connected devices, providing visibility and efficiency to critical operations [4] Industry Trends - The maritime industry is experiencing a shift where dry containers are evolving from static assets to smart, connected units, driven by demand for real-time data and enhanced cargo protection [2][3] - Smart intermodal containers are becoming the new standard, moving beyond mere visibility to include cargo protection and container security [3] Technological Advancements - ORBCOMM's second-generation smart dry container technology includes new sensors for security and cargo integrity, enabling longer sea journeys and providing the lowest total cost of ownership (TCO) and highest return on investment (ROI) for shipping lines [3]