CargoMetrics adds new commodities data products

CargoMetrics has announced the launch of three new commercial data products that measure seaborne commodity trade, focused on iron ore, LNG and LPG.

The products are designed to support analysis, modelling and training, and join the company’s existing Crude Pack product, released in 2022. Each includes global coverage, with more than 90% of imports and exports by country, and more than six years of historical data.

“CargoMetrics has a comprehensive, spatial-temporal graph of maritime trade. Our maritime system has been powering high-value applications for more than a decade and our new products reflect our holistic, fully systematic approach to modelling maritime trade and our emphasis on trustworthiness and consistency,” said CargoMetrics CEO Jes Scully.

“The Iron Ore Pack, LNG Pack, and LPG Pack are the first of several authoritative, unopinionated data products we plan to release this year, made possible by the unparalleled capabilities of our maritime system.”

CargoMetrics’ system consumes billions of new data points daily. The company applies physical modelling, statistical modelling, and machine learning techniques to derive insights into global economic activity.

System inputs include vessel position data from satellites and terrestrial sensors, port and berth profile data, and freight and financial instrument price data.

The Iron Ore Pack, LNG Pack, LPG Pack, and Crude Pack are available for licensing on the AWS Data Exchange (ADX).

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Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

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