Maritime Data Product Newsletter - Issue 4 - Targeted Weather Analytics


At Maritime Data, we exist to make buying data easier.

The Maritime Data Product Newsletter brings together a selection of all of the new products and services from the 50+ partners within our network.

This will include:

  • The Challenge
  • The Solution
  • Use Cases

You have the option to connect directly with the supplier, or with us to discuss further.


Before we start, I wanted to let you know that we've launched our new website: www.maritimedata.ai

200+ product offerings from 50+ Maritime Intelligence Providers.

Supported by 15+ years of experience in 1 platform.

For each dataset, we've provided overviews, data structures, use cases, and more to support purchasing decisions at any stage.


Weather Analytics- InitWeather

InitWeather offers advanced weather solutions including customised forecast products and analytics, helping users make smarter weather-based decisions. The API data platforms are built from rigorous R&D resulting in unique algorithms that combine data and isolates/merges areas to focus on locations of interest, essentially controlling the “noise” in the data.

The Challenge

  • 90% of all global trade moves by sea with 1 out of 5 ship losses due to weather, highlighting need for effective weather planning.
  • Current weather tools and datasets offer broad solutions, often missing specific needs. Lack of specialised weather data results in less accurate predictions.
  • Many problems require unique solutions that don't come from broad global model output, rather requiring highly tailored data.
  • The National Oceanographic and Atmospheric Administration aggregates 20TB of data daily; this surplus both clutters and shrouds useful information.

The Solution

InitWeather’s Maritime Weather Subscription Services offers targeted datasets designed for specific weather challenges:

  • Minimize exposure to hazardous weather at key milestones along global shipping supply chain
  • Data available by region, time, variable, historical, forecast, or commodity
  • Developed by meteorologists and rigorously verified to improve weather intelligence
  • Processed to improve existing data for superior/quality-driven results
  • Curated to meet growing Ai/ML needs

Use Cases

Customised data provided by InitWeather’s API data platform:

  • Statistically tested to identify weather as top global market driver
  • Highest statistical significance for S&P500, crude long & short
  • Improved natural gas price predictions for [30-60 day] range
  • Allow for optimised weather routing forecasts

Crude - Long:

Natural Gas 30-60 day:


If you'd like to discuss this, alongside other datasets from our 50+ partner network of suppliers please set up a call below:


We appreciate that many of you are continued readers of our newsletter for the curated insights, and that’s the full extent of what you want from us, so if you’re not interested receiving updates on new products and services please feel free to opt out here:

Regards,

James

James Littlejohn

Co-Founder

Maritime Data Ltd

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A dedicated source of market insights and product developments from the largest network of specialised providers of maritime data and analytics.

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