Coaltrans Asia 2021CimbriaThe Wolfson Centre for Bulk Solids Handling Technology TelestackTMS Awards 2021TOC Events
  • TMS Awards 2021
  • Telestack
  • TOC Events
  • TBA Group
  • Vigan
  • Cimbria

CargoMetrics “key” partner for Fednav

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

Potential officer shortage looms

(Posted on 29/07/21)

Launched this week, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping... Read more


DNV backs crew change programme in SE Asia

(Posted on 29/07/21)

DNV, the world’s leading classification society and risk management expert, is embarking on an... Read more


IMI and Columbia sign cooperation agreement

(Posted on 29/07/21)

International Maritime Industries (IMI), the largest maritime yard in the Middle East and North Africa... Read more


Ocean Technologies helps seafarers minimise distractions

(Posted on 26/07/21)

Distractions are recognised as one of the biggest causes of human error resulting in incidents, accidents... Read more


The BMA recognises first mental health training course

(Posted on 26/07/21)

The Bahamas Maritime Authority (BMA) has announced that it has recognised the Seafarer Mental Health... Read more


ClassNK grants innovation endorsement Tsuneishi

(Posted on 20/07/21)

Leading Classification Society ClassNK granted its first Innovation Endorsement “Provider Certification... Read more


Jamaica’s successful women can serve as an example

(Posted on 20/07/21)

World shipping can learn a lot from Jamaica when it comes to equality in the maritime workplace because... Read more


DNV verifies Survitec’s new firefighting foam tests

(Posted on 15/07/21)

Classification society DNV has issued a verification statement allowing global survival technology specialist... Read more


METIS contributes digital expertise to EU sustainability project

(Posted on 15/07/21)

METIS Cyberspace Technology is contributing to an EU-backed project that will test clean energy solutions... Read more


Wärtsilä launches major carbon-free solutions test programme

(Posted on 15/07/21)

The technology group Wärtsilä continues to lead the ongoing transformation of the energy and... Read more


Port of South LouisianaVan AalstViganSailors SocietyCleveland Cascades LtdTBA Group
  • Sailors Society
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Port of Stockton

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping