Inchcape launched World of Ports (WoP) in 2007 and went online in 2010. The idea behind the platform came from a customer’s request for a database to help their chartering team conduct their cargo operations more efficiently. Through this, Inchcape came up with a platform that is now a single source of reliable data for all its customers, including shipping companies, spanning oil, ship managers, and gas majors. The WoP version 2.0 has exciting features to offer users with unmatched transparency and intelligence.
The platform comes with new exciting features like a one-stop search function that uses advanced search filters, allowing users to perform searches using the vessel’s name, IMO number, or the generic vessel type and size. You can retrieve the location compatible with a particular fleet or ship by choosing the port, country, or region you want to check.
The functionality is a product of a third-party vessel database, AIS data, and the World of Ports proprietary dataset. Clients benefit from saving time, so their chartering teams can use more time to gain business advantages. This is especially useful for small businesses with limited resources and manual systems because using the online service eliminates the need to collect and update information manually.
The port database that details the estimated cargo discharged or loaded at every berth and Geofencing within the WoP’s application offers a clear, near real-time record of every port call, translating to transparency. The upcoming intelligence module will allow the shipping agent to provide its customers with commodity flow insights globally. This is an exciting feature because shipping companies often want to know what cargo and vessels are doing to monitor their commodity flow.
Vessel tracking can also monitor port departures and arrivals of 50,000 vessels globally. Furthermore, geofencing and geocoding all berths, ports, and terminals facilitate the monitoring of vessel line-up, port calls, and port congestion, hence minimizing ambiguity. Through Inchcape’s exclusive algorithms, customers can determine whether a vessel is in ballast or laden, estimate the quantity of cargo on board, and predict the cargo type.
Port Data Customization
This encompasses the capacity to set up notifications for departures and arrivals at berth and receive congestion alerts. Customers can also set up their geofencing alerts for emission control areas and piracy zones hence enhancing transparency and mitigating risks.
Besides being used for departures and arrivals, timestamps are also found in the systems’ data so companies can use the data status to verify or report to the authorities. The vessel surveillance version 2.0 utilizes open-source data. Although Inchcape is not the first shipping agent to use it, the company is layering the data, and using it to offer competitive insight is unique and new.
Unlike other port intelligence providers, World of Ports collects data directly from the agency’s global network and verified a centralized data analytics team with seafaring backgrounds. The team has extensive first-hand knowledge of practical issues and risks. The value of information lies not only in what is published but also in leveraging it.
Ensuring that the company stays on the same page with its partners and clients builds trust and facilitates targeted inquiries and swift replies. The World of Ports version 2.0 aims to be the best decision-making tool for marine assurance, harnessing authentic worldwide knowledge in close to real-time. Besides improving the user interface, the platform is now available in four modules with numerous features that can improve the clients’ competitive advantage.
Inchcape takes care of documentation with port authorities, immigration, and customs for its customers before the ship’s arrival. World of Ports version 2.0 covers 36,000 berths, 16,000 terminals, and 4600 ports worldwide, allowing the company to offer excellent and extensive information.