Lloyd's List Intelligence- Experts & Thought Leaders

Lloyd’s List Intelligence (LLI), a global provider of maritime data, insights, and analytics, and Siglar Carbon, a pioneer in maritime emissions performance analytics, announced a strategic partnership to drive greater awareness of vessel emissions performance across the maritime industry aligned to EU ETS and Fuel EU market frameworks. This collaboration will combine LLI’s deep understanding of the maritime market and its comprehensive Risk & Compliance, Insurance and Legal solutions, with Siglar Carbon’s expertise in emissions data analytics and sustainable chartering strategies. Maritime ecosystem The two companies will deliver innovative solutions that empower those financing, insuring or vetting vessel By leveraging their combined strengths, the two companies will deliver innovative solutions that empower those financing, insuring or vetting vessel and a wide universe of companies that supply services in the maritime ecosystem to understand how the vessels they engage perform, making more informed decisions and reducing the potential environmental impact. “This partnership with Siglar Carbon is a significant milestone in supporting and enabling stronger awareness of GHG emissions exposure and efficiency across the shipping sector,” said Michael Dell, CEO, Lloyd’s List Intelligence.  Complexities of the shipping industry Michael Dell adds: “The partnership will bring together complementary data that can help our customers navigate the complexities of the global shipping industry, driving an enhanced emissions understanding, and enabling more informed decisions.” He continues, “Adding Siglar’s valuable emissions insights will give our customers an enhanced emissions understanding, and enable more informed decisions.” Integrating Siglar Carbon’s emissions The powerful partnership will enable enhanced decision-making by integrating Siglar Carbon’s emissions insights “We are very pleased to be working with a maritime organisation that has such an historic pedigree and strong position in the industry. With this partnership new decision-makers in commercial shipping will get access to our pioneering emissions insight,” said Sigmund Kyvik, CEO, Siglar Carbon. Sigmund Kyvik adds, “Having access to the Lloyd’s pioneering vessel specifications and movement data enable us to further strengthen our emissions insights.” This powerful partnership will enable enhanced decision-making by integrating Siglar Carbon’s emissions insights into LLI’s ‘Seasearcher’ platform, enabling its customers to gain access to a comprehensive view of vessel emissions, fuel consumption, and operational efficiency.  Emissions management tools Siglar Carbon will gain access to LLI’s market-pioneering AIS data coverage and detailed vessel characteristics of the world's commercial fleet. This vast dataset will allow Siglar Carbon to enhance their advanced data and analytics models, whilst supporting their emissions management tools and services they offer to the shipping, trading and chartering community. Lloyds List Intelligence and Siglar Carbon will work together to develop and deploy innovative tools and services that support the maritime industry’s transition to a low-carbon future, helping the acceleration towards a decarbonised maritime sector.

Lloyd’s List has been the trusted source for news and intelligence about the global shipping industry for nearly 300 years. Now its award-winning journalism and expert analysis are available instantly, anywhere, with the launch of the new Lloyd’s List App.  Available on the App Store for iOS users and Google Play store for Android devices, the new Lloyd’s List App has a suite of customisable features to keep users connected to the trends, issues and events that matter in maritime, including:  Real-Time Maritime News: the latest shipping updates, market trends and industry developments, in one place, at the press of a button. Custom Alerts: personalised notifications for breaking news, daily briefings and sector-specific updates. In-Depth Reports & Analysis: get expert analysis and industry-pioneering reports-on the go. Lloyd’s List Podcast The App offers direct access to the Lloyd’s List Podcast, the go-to place for pioneers in maritime to share industry insights. It also provides a personalised gateway to the latest intelligence on key topics such as markets, risk, sanctions, decarbonisation, insurance and finance.   Lloyd’s List subscribers are invited to download the App and log in using their current website credentials. Non-subscribers can sign up, for free, to access specially curated content and receive general notifications. Lloyd’s List Intelligence The new App is part of the exciting growth of the brand masterminded by the parent company Since its inception as a weekly update pinned to the wall of a London coffee house, Lloyd’s List has set the standard for maritime information.   The new App is part of an exciting evolution of the brand masterminded by parent company, Lloyd’s List Intelligence, built around the ethos: ‘data driven, technology enabled’. Adopted new technology “Just as the shipping industry has evolved and adopted new technology over the past 300 years, Lloyd’s List has moved with the times and ensured that our subscribers continue to get the best quality information delivered when and how they need it,” explained Lloyd’s List editor in chief Richard Meade. Adam Sharpe, VP, Editorial for Lloyd’s List Intelligence added: “Our customers have told us about the need to get access to Lloyd’s List as easily as possible when they are on the move, as well as cutting through the noise and focusing on the news and analysis most relevant for them. The Lloyd’s List app delivers this and more.”

The accuracy of AIS data used to track ship movements is vital for the analysis of vessel performance in areas such as fuel consumption. OrbitMI has therefore collaborated with Maritime Data on a joint project to enhance the screening of AIS data providers so it can deliver the best quality data for clients. Orbit vessel performance platform “We are continuously striving to optimise data inputs for users of our newly upgraded Orbit vessel performance platform to improve business decision-making." "With this goal in mind, we engaged Maritime Data as a trustworthy partner to contribute its specialist expertise in data procurement for the industry,” says OrbitMI’s Chief Marketing Officer David Levy. Assuring the quality of data inputs Maritime Data supports companies in the maritime ecosystem from concept to contract Maritime Data is a UK-based start-up founded in 2022 by Co-Founders Rory Proud and James Littlejohn with a mission to address the difficulties in sourcing, evaluating, and buying maritime data by acting as a specialised intermediary between buyer and supplier. As a data broker, Maritime Data supports companies in the maritime ecosystem from concept to contract. This enables clients to quickly understand all available solutions relevant to their requirements, evaluate comparable options, and contract with their suppliers of choice. All to minimise the effort required and give time back to the people building solutions needed to tackle the industry's biggest challenges. Buying data is made easier. Accurate customer service Backed by more than 15 years of experience in the sector, Maritime Data has built up an extensive partner network of over 50 maritime intelligence suppliers and 200-plus product offerings in areas such as vessel tracking, emissions calculation, seaborne cargo flows, risk and compliance, port activity, trade statistics, weather, and vessel ownership. “The quality of data being inputted into any model, process, or technology will have a meaningful impact on output,” explains Maritime Data’s Co-Founder James Littlejohn. "It is therefore essential for maritime technology companies to meaningfully evaluate all of their data inputs to ensure their solution provides the most accurate service for their customers." Tackling sourcing challenges Real-time data generated by the AIS is considered the X-axis for any evaluation of vessel operations The joint project has focused on tackling the challenges of acquiring the right AIS data arising from discrepancies in datasets offered by various vendors that make assessment and evaluation difficult for data buyers. Real-time data generated by the Automatic Identification System (AIS) is considered the X-axis for any evaluation of vessel operations and is a fundamental data layer for performance monitoring as it shows position, course, and speed, which can be combined with weather data to optimise operations, according to James Littlejohn. However, AIS is extremely data-heavy with hundreds of millions of data points being generated by thousands of vessels across the globe every day, which requires commensurately massive computational resources to ingest and analyse this data. New vendor evaluation protocol Under the joint project, Maritime Data conducted a comparative assessment of four leading AIS data providers using a new, specially developed evaluation protocol to ascertain the quality of their respective offerings based on carefully designed criteria. Maritime Data was able to take samples of a week of AIS data from each of the four providers and measure each dataset against various benchmarks provided by OrbitMI to help determine the coverage, accuracy and frequency of the respective feeds. A segment of these samples was then taken and split out over 80 different geolocations that were visualised as polygons on a map to show geographical coverage. Heavyweight analytics Independent validation of the supplier selection process enabled this to be conducted more quickly James Littlejohn points out that conducting this process of comparison and evaluation with such vast amounts of data would entail a lot of time and resources for a maritime technology firm such as OrbitMI, causing opportunity cost, while it took Maritime Data about a month to complete the analysis and this time is likely to be shortened in future as the process becomes more efficient. He says that independent validation of the supplier selection process enabled this to be conducted more quickly and without bias in favour of any one data vendor. “The outcome of the process was exactly as we expected and piloting this tool with OrbitMI has given us a springboard for further development and application of the selection protocol. This enabled OrbitMI to proceed with a decision on AIS sourcing secure in the knowledge that the data would fulfill the needs of its customers,” James Littlejohn says. Selecting the ideal AIS data provider At the end of the process, OrbitMI selected Lloyd's List Intelligence as its AIS data provider. “Lloyd's List Intelligence has been a long-time and valued partner of ours,” says Ali Riaz, OrbitMI's CEO. “The quality and versatility of their data offerings, assurances of data accuracy, customer service, and commitment to collaboration compared to the other offerings were unbeatable.” This decision aligns with Lloyd's List Intelligence's strategic vision for the industry. A collaborative, connected approach  Tom Richmond, Head of Software & Technology Sales at Lloyd's List Intelligence, elaborates, “Working with innovators like OrbitMI is part of our strategic plan to help the shipping industry move beyond siloed thinking and kick-start a more collaborative, connected approach to integrating seaborne trade in the global supply chain." "We’re happy to support innovation with high-quality products at a price point that stimulates collaboration in the sector.” AIS data quality assurance OrbitMI’s David Levy concludes, “This project demonstrates we are prioritising data quality for our clients by harnessing the power of partnership with a major player." "The AIS data quality assurance process piloted by OrbitMI with Maritime Data will benefit users of the new Orbit platform by ensuring optimised and reliable data inputs covering the global fleet.”