The Signal Group has announced the launch of a new range of APIs, to allow third-party systems to integrate with its Signal Ocean platform and capture data to power their chartering and freight trading analytics applications.
The release will initially incorporate eight different data sets including shipping emissions, freight rates and tonnage lists, with further sets including port data and vessel information to be added shortly, the company says.
The new APIs are being made available to maritime, commodity and supply chain players, as well as technology start-ups and entrepreneurs looking to accelerate their product development.
“By opening up our platform we’re effectively giving large and small teams alike access to a one-of-a-kind shipping analytics supercomputer,” said Signal Ocean Chief Operating Office Dimitris Tsapoulis.
“Our advanced algorithms use state-of-the-art technology and artificial intelligence to capture data and insights that can truly transform performance in a wide variety of endeavours within shipping and commodities trading.”
Launched in 2018, the Signal Ocean Platform processes and combines streams of private and public data including AIS, tonnage lists, cargo lists, vessel positions, port costs, port line-ups and freight rates.
Users can apply the information to optimally match vessels to cargoes, run profitability comparisons, obtain CO2 estimates and benchmarks, and forecast vessel movements and availability across the globe.