Business Challenges n the current [mining] economic climate, minimizing costs...
Predict Vessel Chartering Cost
Predict Vessel Chartering Cost
- September 6, 2022
- Posted by: admina
- Category: Uncategorized
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Business Challenges
The rate of mine material shipping (TC rate) is a dynamic parameter. This parameter plays a critical role to estimate the fin al material cost. There is an opportunity to build an integrated architecture and analytical platform that can provide business use rs with optimal decision capabilities based on a holistic overview of short – term supply, expected demand, and TC rates movement over the next 30 – 60 days.
Suggested Solution
- Integrated Cargo Demand Prediction and Global Vessel Movement data housed on the same analytical data warehouse, Azure Synapse
- Integrated Supply and Demand analysis visualization on Power BI
- Future-ready and reusable architecture to house related Supply and demand projects such as TC Rate forecasting
- Providing intelligent suggestions based on AI for the users to reduce the cost of chartering
Project Info
Start Date
Jan 2018
Duration
24(Months)
Location
Singapore–Australia
Keywords:
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