Harnessing data to enhance maritime operations: the critical role of pricing risk
In the dynamic world of commercial shipping, understanding risk is crucial for strategic decision-making, especially in relation to optimising freight pricing. The use of tools like PortLog has become essential for ship owners and operators looking to reduce the discrepancy between the estimated versus the actual P&L of a voyage.
This necessity was emphasised during the recent agri-commodities session at Geneva Dry 2024, where industry leaders from Pacific Basin and Norden discussed the profound impact of these technologies on maritime logistics.