Details of the Baltic Exchange’s and data platform Geospock’s shipping emissions project were discussed at an open forum at the Baltic last week. Attended by a range of owners, charterers and brokers, the forum was an opportunity to share views on the initiative.
Opening the session Baltic Exchange Chief Executive Mark Jackson said:
“Our vision is to combine the unique strengths of the Baltic and Geospock to deliver a single source of truth for the shipping industry. We are seeking to create a accredited source of data that business can use to enhance their own data projects. We want to build the foundations of a platform which allows maritime business to base their own projects on a common data set. By the enabling the industry to start from and agreed accredited base layer of data it will enable then to make intelligence-led decisions quicker and demonstrate their unique selling point. We believe that the Baltic Exchange can add credibility to this platform through our pedigree of verifying data which competing parties can trust. Our governance model, our history, our people and experience can be brought to bear to enable this project to become a resource for the industry, driving efficiencies and reducing our impact on the environment.”
Click here to download an overview of the Geospock system.