GeoSpock said it will partner with the Baltic Exchange to build the world’s most advanced global maritime spatial database, which is intended to be a critical resource for the array of new datasets emerging from the industry.
The digital programme will start with a specific focus on maritime air emissions enabling collaborators to have access to visualisations and data insights. It will allow for informed decisions to be made on clean air initiatives, effectively demonstrating how the industry is tackling regional and global emissions.
Currently, the industry generates huge quantities of data from every aspect of the supply chain from sensors in dispatch warehouses, onboard ships, in ports and on trucks. This data remains siloed and there is no central pool of data that companies, and the industry as a whole, can use.
The Baltic Exchange is developing the intelligent database to capture data on measurable aspects of the shipping industry. This includes metadata on location, weather, emissions, fuel usage and journey route and times.
The dataset and data science tools will be designed and built by GeoSpock. The GeoSpock Spatial Big Data platform, built on AWS Cloud, will be able to ingest and provide context to huge quantities of global maritime data from Baltic members and industry participants.
While the project will initially focus on regional emissions, the initiative will have global capabilities and reach, it will embrace data science as a fundamental technology and how it will impact future skills and talent in the maritime industry.
“The maritime industry is currently trapped within many silos, with operators hungry for insight and visibility,” said Richard Baker, CEO at GeoSpock. “The goal of our combined database is to disentangle the sector, achieving data interoperability throughout whilst ultimately creating an innovation hub.”