Danish Ship Finance (DSF) has predicted a scenario where freight rates could be negligible as technology changes shipping forever.

Teaming up with technology company Rainmaking, it has produced a report on maritime trends that warns shipowners do not have an "exclusive runway" in the race for future value creation.

Multiple players from various industries are investing to obtain a slice of the pie, it said, with monetised data being the key, not the traditional moving of cargo from port to port.