Signal expands Tanker Chartering Academy

20 June 2023

Signal, the diversified shipping services group, whose activities include commercial ship management, software development and investments, has opened up access to its online Tanker Chartering Academy for all. The free to view 10-module program has been created to explain the entire process of fixing a vessel as well as tanker operations, port disbursements and post-fixture activities. See www.thesignalgroup.com/academy for further details.

The Academy program was initially created to help the fast-growing Signal train its shipping professionals, software engineers, and data scientists to ensure that they understand the fundamentals of the tanker shipping business. It is now being made available to Signal customers, partners and the wider shipping & trading community to provide entry level knowledge.

Signal founder Ioannis Martinos said:
"Shipping companies have big digital ambitions, but to deliver on those, they need to attract and onboard talent which often has little or no exposure to our industry. How can you build and deploy helpful solutions if your technologists don't understand the shipping business ? Having struggled with this in the past, we built a program based on what really happens in the tanker chartering setting. We' ve had great internal success with it, so we wanted to share with others."

He added:
"Signal was founded with the vision to bring shipping and technology together."

Over the past five years Signal has taken on over 100 technologists in London and Athens to develop its suite of digital services. The Signal Ocean platform continuously processes and combines streams of private and public data such as AIS, tonnage lists, cargo lists, vessel positions, port costs, port line-ups, emissions and freight rates.

Using advanced algorithms and AI, data is transformed into private and actionable insights on the freight market. Users can track supply, demand and rates in freight markets, optimally match vessels to cargoes, run profitability comparisons, consider CO2 emissions and use Signal's patented technology to track and forecast vessel movements across the globe.

Tanker Chartering Academy modules:
• Tanker shipping basics
• Introduction to tanker chartering
• Tanker chartering daily routine
• Cargo selection
• Fixing negoiation
• Tanker operations ecosystem
• Tanker operations key actions
• Bunkering function
• Port cost management
• Post fixture operations


Image by Signal Group.

Issued by Navigate PR on behalf of The Signal Group.

About Signal Group
The Signal Group's vision is to make global shipping more efficient, effective and profitable through the application of technology and market experience. Our passion for applied science and technology and understanding of the complex shipping business continues to open up new opportunities.

We achieve success through collaboration, research and investment. In just a few years we have built a huge maritime tech ecosystem by combining cutting-edge data science with deep shipping market experience. The engine which drives our Signal Ocean Platform applies artificial intelligence and algorithms to clients' unstructured data. It provides them with a customised and personalised view of the tanker, dry bulk and container markets. We help shipbrokers, owners and charterers achieve extraordinary performance by taking care of the mundane and computationally complex.

This data-led approach powers our commercial tanker pools, Signal Maritime, enabling our chartering team to outperform its peers. At the same time, we are investing in the future by supporting early-stage technology startups and entrepreneurs in the shipping, logistics and commodities space through Signal Ventures. Our diverse and fast-growing team of product engineers, computer scientists, and commercial shipping professionals is based in Athens, London and Singapore.

Signal Group - press release