CargoMetrics “key” partner for Fednav
(Posted on 17/06/19)
Fednav Limited today announces that it has entered into a Development Services Agreement with CargoMetrics Technologies LLC, a maritime innovation company.
Under this agreement, the two companies will work in collaboration to build systems and tools to optimize Fednav's dry bulk fleet. Drawn from the CargoMetrics performance framework, data and signals used to inform chartering decisions will be generated, thereby providing a desired distribution of the Fednav fleet across sea routes.
Paul Pathy, President and CEO of Fednav Limited, remarked: "We are very excited to be partnering with CargoMetrics, who will be a major accelerator of our digital transformation and key contributor to our future success through data analytics and platform optimization."
Celebrating its 75th anniversary this year, Fednav Limited is privately owned and Canada's largest international bulk shipping company. Its fleet is comprised of more than 100 bulk carriers trading worldwide, 63 of these are owned. From offices on four continents, the company operates the largest fleet of Great Lakes-suitable oceangoing vessels, the largest fleet in the world of ice-class bulk carriers, and three ice-breaking cargo ships that service the Arctic twelve months a year. Additionally, the company operates 11 maritime terminals in North America.
CargoMetrics Technologies LLC delivers transformative quantitative investing and maritime shipping solutions, anchored in its proprietary platform that tracks all seaborne cargoes and vessels. Its evidence-based, systematic, and uncertainty-aware approach fuses satellite, port, ship, and other data to produce both micro and macro views of global supply and demand. The Company's team of scientists, engineers, and maritime specialists is based in Boston, MA, USA. www.fednav.com
Latest News
Norden enters Capesize segment
(Posted on 31/03/23)In line with Norden’s 2023-2025 strategy to capitalise on the most attractive opportunities in... Read more
Maritime leaders to explore ammonia as marine fuel in US East Coast
(Posted on 31/03/23)American Bureau of Shipping, A.P. Moller - Maersk, Fleet Management Limited, Georgia Ports Authority... Read more
MHSS offers free support to seafarers affected by Turkey/Syria earthquakes
(Posted on 31/03/23)Although news teams might have moved on to other locations and different crises, for those Turks and... Read more
Oldendorff Carriers announces change of leadership
(Posted on 28/03/23)The board of Oldendorff Carriers, has appointed Patrick Hutchins as the new President and CEO of the... Read more
Swedish Club boosts management team
(Posted on 28/03/23)The Swedish Club is looking to the future with the expansion and restructuring of the Club’s management... Read more
Groke brings new situation awareness expertise to One Sea
(Posted on 24/03/23)One Sea has welcomeed Finnish start-up Groke Technologies as its new member, bringing additional expertise... Read more
ClassNK releases FAQs on EU-ETS for shipping
(Posted on 24/03/23)ClassNK has released “FAQs on the EU-ETS for Shipping”, an overview and necessary preparation... Read more
New AXSMarine tool helps users visualize CO2 emissions and CII
(Posted on 20/03/23)AXSMarine, a pioneer and market leader in the provision of advanced solutions for shipping professionals... Read more
Shipzero advances the decarbonization of logistics
(Posted on 20/03/23)Shipzero is enabling transport and logistics companies to create transparency about their emissions... Read more
Isle of Man Ship Registry joins INTERCARGO
(Posted on 07/03/23)The Isle of Man Ship Registry (IOMSR) has become an associate member of The International Association... Read more
