2020
DOI: 10.1057/s41278-020-00171-6
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Can maritime big data be applied to shipping industry analysis? Focussing on commodities and vessel sizes of dry bulk carriers

Abstract: Enriched navigational information provided by an automatic identification system (AIS) could improve the estimation accuracy of trade patterns analysis by using different data sources. This paper estimates the global trade flow pattern of dry bulk cargo by commodity, namely iron ore, coal, grains, fertilisers, and iron and steel. We use AIS data and the information on commodities handled in ports, estimated by using a two-tiered Geohash geocoding. Estimation results are accurate at country level except for iro… Show more

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Cited by 17 publications
(7 citation statements)
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“…RL framework for freight demand forecasting is proposed by Hassan et al for supporting operational planning (Al Hajj Hassan et al, 2020). Kanamoto et al forecasted future shipping demand based on AIS data from dry bulk vessels using a logit model and RA (Kanamoto et al, 2021). Experimental results have shown the Base Optimization Algorithm (BOA) algorithm outperforms the ant lion optimizer (ALO) for container throughput forecasting in Du et al's (2019) study.…”
Section: Demand and Throughput Forecastingmentioning
confidence: 99%
“…RL framework for freight demand forecasting is proposed by Hassan et al for supporting operational planning (Al Hajj Hassan et al, 2020). Kanamoto et al forecasted future shipping demand based on AIS data from dry bulk vessels using a logit model and RA (Kanamoto et al, 2021). Experimental results have shown the Base Optimization Algorithm (BOA) algorithm outperforms the ant lion optimizer (ALO) for container throughput forecasting in Du et al's (2019) study.…”
Section: Demand and Throughput Forecastingmentioning
confidence: 99%
“…The benefits and necessity of information sharing have been well-recognized by the maritime industry (Zheng et al 2020). The benefits include improvements in cost and time efficiency, reliability, flexibility, responsiveness, resilience and sustainability (Kanamoto et al 2021;Lind 2019;Fruth and Teuteberg 2017). The literature suggests that improved collaboration between maritime logistic actors through better information sharing will reduce the uncertainties along the logistic chain, both in hinterland and foreland, enhance reliability, efficiency, flexibility (Heaver 2015), improve resilience (Shaw et al 2017) and boost performance (Bichou and Gray 2004).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Moreover, the number of businesses that have accumulated and used such data has increased. Several studies have used this data in logistics and maritime economics, as summarized by [2][3][4][5]. Moreover, satellite images have been recently expected to be useful in the maritime industry.…”
Section: Introductionmentioning
confidence: 99%