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Western Bulk is taking a leap towards data-driven decision-making

Western Bulk Chartering AS today announces that it is partnering up with world-leading maritime innovation company CargoMetrics to boost data-driven decision-making.

Oslo, Norway - June 27th, 2019 - Western Bulk is partnering up with world-leading maritime innovation company CargoMetrics to boost data-driven decision-making.

The global dry bulk operator, Western Bulk, embraces the vision of going digital and sees a huge potential in co-operating with CargoMetrics to seek to exploit analytical insights from years of trading data. CargoMetrics, based in Boston, MA, is an accomplished analytics company with 10 years of experience working with shipping data and has delivered great value to previous and current partners. The collaboration kicked off May 1st and is viewed as an important and necessary step in preparing for a tougher and digitized shipping future.

"Becoming more data-driven is of paramount importance in order for us to remain amongst the leading players in a highly competitive margin-business like the dry bulk shipping industry”, explains WB’s CRO, Egil Husby.

By utilizing existing and new data sources in smarter and better ways, Western Bulk aims to re-innovate how to conduct business, continue being a leading operator and help the shipping industry move in the right direction, one that takes advantage of both long-held domain knowledge and disruptive technologies.

Press contact: Egil Husby, CRO: egil.husby@westernbulk.com

About CargoMetrics (www.cargometrics.com)
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.