The new era in chartering

VesselBot Case Study

VesselBot – The New Era in Chartering

Transporting the chartering brokerage into the 21st century

VesselBot is a leading technology company that leverages Spire’s satellite data, Big Data and Artificial Intelligence to provide the dry bulk shipping market with a digital platform that optimizes the chartering process. VesselBot’s platform digitizes the whole chartering process and enables the end-user to conclude a fixture in a more efficient and effective way while optimizing profitability.

Challenge

Charterers, cargo owners, shippers, buyers, and ship owners needed a more efficient way to conclude a fixture because the current process was time-consuming and didn’t provide enough market visibility.

Securing proposals required screening hundreds of emails and telephone calls, as well as integrating data from multiple emails, Skype, and WhatsApp accounts. As the market changes, new tonnage that might be available and a good fit for cargo could fluctuate in availability. Keeping up to speed with these changes was impossible and resulted in missed cargo and open tonnage opportunities.

Solution

VesselBot’s platform solves this challenge by offering the dry cargo sector advanced technologies that match charters in seconds.

VesselBot’s platform layers satellite and terrestrial bulk data via Spire Maritime’s Vessels API with other data to provide up-to-date results allowing users to optimize their cargo and vessel assignments globally. By merging Spire’s AIS data, port information, bunker, cargo, route, and distance data VesselBot eliminates data silos to provide near real-time market visibility. Chartering department professionals can now make more accurate, data-driven decisions with minimal effort and without having to manage mundane, non-value adding tasks.