What is Digital Twin Technology

Many businesses around the world have begun to take advantage of digital technology in recent years. Making use of digital technology enables one to do things in less time, need fewer employees, reduce costs, use information and resources effectively, produce the most products with the least resources, and consequently, increase the profitability of the enterprises. The shipping sector is one of the building blocks of the maritime industry. It aims to increase its profitability by digitizing in today's increasingly competitive conditions. In recent years, digital twin (DT) technology has been used extensively for the digitalization of the sector. This chapter introduces the current and potential uses of DT technology in ship operations and management and gives an idea about how DT technology will create an opportunity to develop the shipping sector.