We are excited to kickoff the new year with a couple significant improvements that will help you better navigate the ever volatile liquids markets.
All Liquids:
We have just released a new version of our Destination Forecast model on the Liquids platform that will generate a ~50% increase in modeled predictions and lead to a greater accuracy, providing you with deeper foresight into maritime flows.
Example above showcasing the amount of modeled destination forecast outcomes in Clean Products for January.
We were able to achieve this improvement thanks to the implementation of a robust Machine Learning model.
Chem/Bio:
We are excited to announce the most recent addition to our Chem/Bio cargo tracking platform: Product Estimation!
In order to help you better understand chemical and biofuel trade flows, we have released this new feature. Product Estimation provides the most likely estimate of a specific product (such as Biodiesel, Paraxylene, Palm Oil, etc.) when we are unable to source the information directly.
In the above screenshot, prior to Product Estimation, these cargo were listed as Chem/Bio.
With Product Estimation enabled, these cargo have been given specific products and a confidence interval for your transparency.
Product Estimation can be easily switched on or off with the toggle on the left filters panel. Individual trades estimated by this feature will have a confidence interval and an “AI” tag displayed next to them.
Image above showing where the Chem/Bio Product Estimation toggle lives.
Please reach out with any questions or feedback.