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2023 Features Look-Back

This article examines recent progress and initiatives by the shipping industry to meet new IMO targets and provides Signal Ocean Platform data on emissions developments and trends.

The Signal Group
April 10, 2024

A Year of Maritime Innovation at Signal Ocean

We've always believed in pushing the boundaries of what's possible in maritime analytics, and 2023 has been a testament to that vision. Here's a look back at the key features we've introduced:

Workbooks in Voyage Calculator (Tanker & Dry

  • Manage complex maritime calculations with unprecedented ease and precision. Ideal for tanker and dry cargo operations, these workbooks simplify scenario analysis and decision-making processes.

Key Advantage: For streamlined, error-free calculations and enhanced operational efficiency.

Voyage Calculator Updates (Tanker & Dry)

  • Enjoy an enhanced user experience with our updated 'All-in-One screen' layout, making voyage planning more intuitive and efficient.

Key Advantage: Streamlines the voyage planning process, saving time and effort.

Data Warehouse 

  • Experience real-time maritime market data streaming, enhancing your analytical capabilities and responsiveness to market changes.

Key Advantage: Empowers real-time, data-driven decision-making in maritime operations.

Cargo List 2.0 (Tanker & Dry

  • Revolutionise your cargo management with improved archiving, merging, and validating capabilities, ensuring seamless tracking and organisation of cargo data. 
  • This version, a result of extensive development, includes the innovative 'Group by zones' feature, allowing efficient categorisation of cargoes by load zones.

Key Advantage: For efficient, organised cargo management and time-saving processes.

Vessel List 2.0 (Tanker & Dry

  • An enhanced version of the Vessel List, now featuring a redesigned Landing Page for a more efficient overview and a Dense View for streamlined data presentation. 
  • This version is the culmination of dedicated efforts to improve user experience, featuring Automatic Table Sorting, an intuitive Received Data Redesign, and the impactful Position Updater for greater accuracy in vessel positioning.

Key Advantage: Improves user experience with advanced functionalities, optimising vessel tracking and data management.

Vessel Emissions in Vessel List (Tanker & Dry)

  • Stay ahead of 2024 environmental regulations with our advanced emissions metrics. This feature empowers fleet managers to proactively align with upcoming standards and adopt sustainable practices.

Key Advantage: Essential for regulatory compliance and sustainable fleet management.

Vessels API Launch

  • Gain unparalleled access to vessel particulars and historical data, unlocking new dimensions in market analysis and strategic planning.

Key Advantage: Offers deep, actionable insights critical for informed maritime strategies.

Port Insights & Congestion (Dry, Tanker, LNG, LPG)

  • Get a 360-degree view of port activities and metrics with our comprehensive Port Insights, from congestion data to terminal information. Navigate through port congestion challenges with our detailed analysis tools, optimising your logistical planning and route strategies.

Key Advantage: Crucial for informed port operations and logistics planning where you can see what’s happening currently and benchmark it with what has happened in the past. Vital for effective port management and congestion mitigation. 

Vessel Count Report (Tanker & Dry

  • Keep a pulse on vessel supply trends and market rates, enabling strategic market positioning and informed rate negotiation. (This is an assessment based on AIS information)

Key Advantage: Crucial for market trend analysis and strategic business planning.

Capes Insights Report - (Dry)

  • The Capes Insights Report enhances the Freight Analytics dashboards with deep insights into key market drivers for C3 and C5 (BETA) routes, including demand-supply dynamics & port congestion. Set for expansion in 2024 to include Supramax, Panamax, and Handysize, this tool provides comprehensive market analysis with a user-friendly interface.

Key Advantage: Offers an in-depth understanding of the capesize market, paving the way for strategic decision-making in various vessel segments.

Fleets Report (Tanker)

  • Benchmark and optimise tanker fleet performance with comprehensive analytics on geographical deployment and critical KPIs.

Key Advantage: Key to strategic fleet management and competitive positioning.

Position Locking in Vessel List Dashboard (Tanker & Dry)

  • Achieve higher accuracy in vessel tracking with improved clarity for manual updates in vessel positioning.

Key Advantage: Ensures precise vessel tracking and data integrity.

Intake Calculator in Fleet (Tanker)

  • Versatility in operational planning with an intake calculator accommodating both metric and imperial units.

Key Advantage: Enhances operational flexibility and international compatibility.

Revamped Signal Ocean Mobile App & Enhancements 

  • Our App has been significantly revamped to ensure seamless access to maritime data on-the-move. With continuous updates and user-friendly enhancements, the app keeps you connected to vital insights and decision-making tools no matter where you are.

Key Advantage: Ensures constant connectivity with critical maritime data, facilitating informed decisions anytime, anywhere.

Flows (Tanker, Dry, LNG, LPG)

  • Dive into detailed market insights with significant advancements in our flow analysis, understanding market movements like never before (report is adjusted based on Tanker or Dry mode).
  • Track import and export volumes across commodities and vessel classes, offering a detailed view of cargo flows.

Key Advantage: Equips users with comprehensive market intelligence for informed strategic planning across various maritime segments.

Emissions Monitoring Dashboard (Tanker & Dry)

  • A comprehensive dashboard for monitoring vessel and fleet emissions, aiding in achieving decarbonisation goals and regulatory compliance.

Key Advantage: Supports sustainable shipping practices and emissions management.

WhatsApp Integration

  • Integrates WhatsApp messages for updating vessel fixtures and positions in The Signal Ocean Platform, streamlining the data update process.

Key Advantage: Enhances efficiency in data management and decision-making.

Excel Add-In (Tanker & Dry)

  • A Microsoft-approved Excel add-in for easy creation of pivot tables and graphs for shipping analytics, directly from The Signal Ocean Platform's data.

Key Advantage: Simplifies data analysis and enhances productivity.

Vessel Tagging

  • New functionality to tag vessels in The Signal Ocean Platform, providing tailored insights for targeted vessel monitoring.

Key Advantage: Customises vessel tracking and market analysis.

Multi TCE Functionality in Voyage Calculator (Tanker & Dry)

  • Allows for multiple load and discharge options in the Voyage Calculator, enhancing TCE estimation.

Key Advantage: Streamlines voyage planning and financial estimation.

Global Search with Enhanced Features

  • The Global Search now includes advanced capabilities like searching vessels by their ex-name, identifying scrapped vessels with a red highlight, and marking order book vessels with their status in green. 

Key Advantage: Enhances search efficiency with broader criteria, making it easier to identify and access specific vessel information quickly.

As we sail into 2024, we're not slowing down. Stay with us for even more innovations that will steer the maritime industry into the future. Click here to book a demo with us today!

Creating a sustainable world requires us to embark on a journey towards a zero emission future, where every step is a commitment to preserve our planet for future generations.
Albert Greenway
Environmental Scientist, Sustainability Expert
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Increased Use of Renewable Energy:

Shipping companies are embracing renewable energy sources to power onboard systems and reduce emissions during port operations. Solar panels and wind turbines are being installed on vessels to generate clean energy, reducing reliance on auxiliary engines, and cutting down emissions. Shore power facilities in ports allow ships to connect to the electrical grid, eliminating the need for onboard generators while docked.

Collaboration and Industry Partnerships:

Recognizing that addressing emissions requires collective action, shipping companies, governments, and organizations have formed partnerships and collaborations. These initiatives focus on research and development, sharing best practices, and promoting knowledge transfer. Joint projects aim to develop and deploy innovative technologies, improve infrastructure, and create a supportive regulatory framework to accelerate the industry's transition towards a greener future. The Zero Emission Shipping - Mission Innovation.

To pave the way for a greener future in shipping, the availability of alternative fuels plays a vital role in their widespread adoption. However, this availability is influenced by factors such as port infrastructure, local regulations, and government policies. As the demand for cleaner fuels in shipping rises and environmental regulations become more stringent, efforts are underway to improve the accessibility of these fuels through infrastructure development, collaborations, and investments in production facilities.

Liquefied Natural Gas (LNG) infrastructure has seen significant growth in recent years, resulting in more LNG bunkering facilities and LNG-powered vessels. Nonetheless, the availability of LNG as a marine fuel can still vary depending on the region. To ensure consistent availability worldwide, there is a need for further development of LNG supply chains and infrastructure. For biofuels, their availability hinges on production capacity and the availability of feedstock. Although biofuels are being produced and utilized in various sectors, their availability as a marine fuel remains limited. Scaling up biofuel production and establishing robust supply chains are imperative to ensure wider availability within the shipping industry.Hydrogen, as a fuel for maritime applications, is still in the early stages of infrastructure development. While some hydrogen vessels have been tested or introduced in the first quarter of last year, the infrastructure required for hydrogen production and distribution needs further advancement.

Ammonia, as a marine fuel, currently faces limitations in availability. The production, storage, and handling infrastructure for ammonia need further development to support its widespread use in the shipping industry.Methanol, on the other hand, is already a commercially available fuel and has been used as a blend with conventional fuels in some ships. However, its availability as a standalone marine fuel can still be limited in certain regions. Bureau Veritas in October 2022 published a White Paper for the Alternative Fuels Outlook. This white paper provides a comprehensive overview of alternative fuels for the shipping industry, taking into account key factors such as technological maturity, availability, safety, emissions, and regulations.

Creating a sustainable world requires us to embark on a journey towards a zero emission future, where every step is a commitment to preserve our planet for future generations.
Albert Greenway
Environmental Scientist, Sustainability Expert

Increased Use of Renewable Energy:

Shipping companies are embracing renewable energy sources to power onboard systems and reduce emissions during port operations. Solar panels and wind turbines are being installed on vessels to generate clean energy, reducing reliance on auxiliary engines, and cutting down emissions. Shore power facilities in ports allow ships to connect to the electrical grid, eliminating the need for onboard generators while docked.

Collaboration and Industry Partnerships:

Recognizing that addressing emissions requires collective action, shipping companies, governments, and organizations have formed partnerships and collaborations. These initiatives focus on research and development, sharing best practices, and promoting knowledge transfer. Joint projects aim to develop and deploy innovative technologies, improve infrastructure, and create a supportive regulatory framework to accelerate the industry's transition towards a greener future. The Zero Emission Shipping - Mission Innovation.

To pave the way for a greener future in shipping, the availability of alternative fuels plays a vital role in their widespread adoption. However, this availability is influenced by factors such as port infrastructure, local regulations, and government policies. As the demand for cleaner fuels in shipping rises and environmental regulations become more stringent, efforts are underway to improve the accessibility of these fuels through infrastructure development, collaborations, and investments in production facilities.

Liquefied Natural Gas (LNG) infrastructure has seen significant growth in recent years, resulting in more LNG bunkering facilities and LNG-powered vessels. Nonetheless, the availability of LNG as a marine fuel can still vary depending on the region. To ensure consistent availability worldwide, there is a need for further development of LNG supply chains and infrastructure. For biofuels, their availability hinges on production capacity and the availability of feedstock. Although biofuels are being produced and utilized in various sectors, their availability as a marine fuel remains limited. Scaling up biofuel production and establishing robust supply chains are imperative to ensure wider availability within the shipping industry.Hydrogen, as a fuel for maritime applications, is still in the early stages of infrastructure development. While some hydrogen vessels have been tested or introduced in the first quarter of last year, the infrastructure required for hydrogen production and distribution needs further advancement.

Ammonia, as a marine fuel, currently faces limitations in availability. The production, storage, and handling infrastructure for ammonia need further development to support its widespread use in the shipping industry.Methanol, on the other hand, is already a commercially available fuel and has been used as a blend with conventional fuels in some ships. However, its availability as a standalone marine fuel can still be limited in certain regions. Bureau Veritas in October 2022 published a White Paper for the Alternative Fuels Outlook. This white paper provides a comprehensive overview of alternative fuels for the shipping industry, taking into account key factors such as technological maturity, availability, safety, emissions, and regulations.

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BACK TO STORIES

2023 Features Look-Back

Posted by
Signal Ocean Team
|
December 28, 2023

A Year of Maritime Innovation at Signal Ocean

We've always believed in pushing the boundaries of what's possible in maritime analytics, and 2023 has been a testament to that vision. Here's a look back at the key features we've introduced:

Workbooks in Voyage Calculator (Tanker & Dry

  • Manage complex maritime calculations with unprecedented ease and precision. Ideal for tanker and dry cargo operations, these workbooks simplify scenario analysis and decision-making processes.

Key Advantage: For streamlined, error-free calculations and enhanced operational efficiency.

Voyage Calculator Updates (Tanker & Dry)

  • Enjoy an enhanced user experience with our updated 'All-in-One screen' layout, making voyage planning more intuitive and efficient.

Key Advantage: Streamlines the voyage planning process, saving time and effort.

Data Warehouse 

  • Experience real-time maritime market data streaming, enhancing your analytical capabilities and responsiveness to market changes.

Key Advantage: Empowers real-time, data-driven decision-making in maritime operations.

Cargo List 2.0 (Tanker & Dry

  • Revolutionise your cargo management with improved archiving, merging, and validating capabilities, ensuring seamless tracking and organisation of cargo data. 
  • This version, a result of extensive development, includes the innovative 'Group by zones' feature, allowing efficient categorisation of cargoes by load zones.

Key Advantage: For efficient, organised cargo management and time-saving processes.

Vessel List 2.0 (Tanker & Dry

  • An enhanced version of the Vessel List, now featuring a redesigned Landing Page for a more efficient overview and a Dense View for streamlined data presentation. 
  • This version is the culmination of dedicated efforts to improve user experience, featuring Automatic Table Sorting, an intuitive Received Data Redesign, and the impactful Position Updater for greater accuracy in vessel positioning.

Key Advantage: Improves user experience with advanced functionalities, optimising vessel tracking and data management.

Vessel Emissions in Vessel List (Tanker & Dry)

  • Stay ahead of 2024 environmental regulations with our advanced emissions metrics. This feature empowers fleet managers to proactively align with upcoming standards and adopt sustainable practices.

Key Advantage: Essential for regulatory compliance and sustainable fleet management.

Vessels API Launch

  • Gain unparalleled access to vessel particulars and historical data, unlocking new dimensions in market analysis and strategic planning.

Key Advantage: Offers deep, actionable insights critical for informed maritime strategies.

Port Insights & Congestion (Dry, Tanker, LNG, LPG)

  • Get a 360-degree view of port activities and metrics with our comprehensive Port Insights, from congestion data to terminal information. Navigate through port congestion challenges with our detailed analysis tools, optimising your logistical planning and route strategies.

Key Advantage: Crucial for informed port operations and logistics planning where you can see what’s happening currently and benchmark it with what has happened in the past. Vital for effective port management and congestion mitigation. 

Vessel Count Report (Tanker & Dry

  • Keep a pulse on vessel supply trends and market rates, enabling strategic market positioning and informed rate negotiation. (This is an assessment based on AIS information)

Key Advantage: Crucial for market trend analysis and strategic business planning.

Capes Insights Report - (Dry)

  • The Capes Insights Report enhances the Freight Analytics dashboards with deep insights into key market drivers for C3 and C5 (BETA) routes, including demand-supply dynamics & port congestion. Set for expansion in 2024 to include Supramax, Panamax, and Handysize, this tool provides comprehensive market analysis with a user-friendly interface.

Key Advantage: Offers an in-depth understanding of the capesize market, paving the way for strategic decision-making in various vessel segments.

Fleets Report (Tanker)

  • Benchmark and optimise tanker fleet performance with comprehensive analytics on geographical deployment and critical KPIs.

Key Advantage: Key to strategic fleet management and competitive positioning.

Position Locking in Vessel List Dashboard (Tanker & Dry)

  • Achieve higher accuracy in vessel tracking with improved clarity for manual updates in vessel positioning.

Key Advantage: Ensures precise vessel tracking and data integrity.

Intake Calculator in Fleet (Tanker)

  • Versatility in operational planning with an intake calculator accommodating both metric and imperial units.

Key Advantage: Enhances operational flexibility and international compatibility.

Revamped Signal Ocean Mobile App & Enhancements 

  • Our App has been significantly revamped to ensure seamless access to maritime data on-the-move. With continuous updates and user-friendly enhancements, the app keeps you connected to vital insights and decision-making tools no matter where you are.

Key Advantage: Ensures constant connectivity with critical maritime data, facilitating informed decisions anytime, anywhere.

Flows (Tanker, Dry, LNG, LPG)

  • Dive into detailed market insights with significant advancements in our flow analysis, understanding market movements like never before (report is adjusted based on Tanker or Dry mode).
  • Track import and export volumes across commodities and vessel classes, offering a detailed view of cargo flows.

Key Advantage: Equips users with comprehensive market intelligence for informed strategic planning across various maritime segments.

Emissions Monitoring Dashboard (Tanker & Dry)

  • A comprehensive dashboard for monitoring vessel and fleet emissions, aiding in achieving decarbonisation goals and regulatory compliance.

Key Advantage: Supports sustainable shipping practices and emissions management.

WhatsApp Integration

  • Integrates WhatsApp messages for updating vessel fixtures and positions in The Signal Ocean Platform, streamlining the data update process.

Key Advantage: Enhances efficiency in data management and decision-making.

Excel Add-In (Tanker & Dry)

  • A Microsoft-approved Excel add-in for easy creation of pivot tables and graphs for shipping analytics, directly from The Signal Ocean Platform's data.

Key Advantage: Simplifies data analysis and enhances productivity.

Vessel Tagging

  • New functionality to tag vessels in The Signal Ocean Platform, providing tailored insights for targeted vessel monitoring.

Key Advantage: Customises vessel tracking and market analysis.

Multi TCE Functionality in Voyage Calculator (Tanker & Dry)

  • Allows for multiple load and discharge options in the Voyage Calculator, enhancing TCE estimation.

Key Advantage: Streamlines voyage planning and financial estimation.

Global Search with Enhanced Features

  • The Global Search now includes advanced capabilities like searching vessels by their ex-name, identifying scrapped vessels with a red highlight, and marking order book vessels with their status in green. 

Key Advantage: Enhances search efficiency with broader criteria, making it easier to identify and access specific vessel information quickly.

As we sail into 2024, we're not slowing down. Stay with us for even more innovations that will steer the maritime industry into the future. Click here to book a demo with us today!

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