The tech start up Oceanbolt provides real-time insights into trade flows, tonnage flow, fleet speed, dry docking and congestion.
The insights available in the platform are based on analyzing AIS data in real-time, and utilizing geospatial analytics algorithms in combination with a comprehensive polygon database.
Western Bulk sees great potential in the context that such a system provides, and going forward aims to blend this real-time & historical data with our other data sources and proprietary systems to allow for greater market insight and knowledge for our Chartering, Operations, and Analytics teams,
...Western Bulk said in a statement.
The partnership commenced on 1st May 2020.