Space-based marine data firm Spire has announced a new deal that will see Minehub Technologies, provider of a platform for digital trade in mining and metals supply chains, integrate Spire’s satellite and terrestrial Automatic Identification System data (AIS), global vessel tracking data and vessel characteristics, to improve its commodities platform and help optimise routing for bulk carrier vessels.
“Recently we’ve seen supply chains being strained across the globe and Spire’s maritime data solutions can help address the disruption by providing route visibility, analysing fleet and vessel characteristics, and monitoring commodity trends,” said John Lusk, SVP and Maritime GM of Spire.
“We are excited to work with MineHub and provide cutting edge data to their platform because both companies are aligned on the increasing need to create digital solutions that create visibility and improve accuracy across the supply chain.”
MineHub’s digital platform offers real-time visibility, automation, streamlined credit management, paperless transactions, and emissions tracking for mining and metals supply chains. Spire’s AIS data will provide wider coverage and reduced latency when tracking bulk vessels, supporting faster decision making and shorter processes.
“Providing our users with 24/7 real-time visibility of the location of the materials they are shipping, buying or financing is a fundamental part of the data we put at their fingertips,” said Arnoud Star Busman, CEO, MineHub.
“It allows them to optimise stock levels, monitor the cargo they are financing, and forecast payment flows. Working with Spire, a leading provider of this core data service, is fantastic. We are getting space-based vessel data right from the source with global coverage. We intend to grow this relationship through collaboration and joint innovation in the fast-moving space of digital trade.”
