Transforming decision making in shipping

Helix provides a digital representation of a shipping business, bringing together data from various sources such as safety, pricing, and procurement.

“It’s not uncommon for businesses in the shipping industry to suffer as a result of insufficient data and our simplicity, transparency and ability to connect different business areas gives the most informed decision making,” explained John Wills, vice president of product at Shipnet.

“Our analytical capabilities with the launch of Helix will ultimately transform your business by funnelling your data into Helix, giving the opportunity to find out how your business is performing.

The tool integrates with a variety of software such as Excel, Sisense and Microsoft Power BI. Wills says it has particular applications for ESG, enabling owners and operators to see what it currently driving business and how to change and improve it.

The system has weather data from the last five years from National Oceanic and Atmospheric Administration which can be overlaid with a business’s historical data of conditions, incidents, response times, workforce etc. enabling accurate predictions of outcomes.

“Many workers may take more care when conditions are not favourable compared to when conditions are good and therefore the likelihood of accidents could be higher during better conditions,” continued Wills.

The company says it is already planning further upgrades, with AI tools set to be integrated later this year.