Institutional Investor - CargoMetrics Cracks the Code on Shipping Data 5-15min

CargoMetrics, a start-up investment firm, is not your typical money manager or hedge fund. It was originally set up to supply information on cargo shipping to commodities traders, among others. Now it links satellite signals, historical shipping data and proprietary analytics for its own trading in commodities, currencies and equity index futures. ... There was an air of excitement in the office that day because the signals were continuing to show a slowdown in shipping that had earlier triggered the firm's automated trading system to short West Texas Intermediate (WTI) oil futures. Two days later the U.S. Department of Energy's official report came out, confirming the firm's hunch, and the oil futures market reacted accordingly. ... in this era of globalization 50,000 ships carry 90 percent of the $18.5 trillion in annual world trade. ... "My vision is to map historically and in real time what's really going on in economic supply and demand across the planet" ... building a "learning machine" that will be able to automatically profit from spotting and publicly traded security that is mispriced, using what he refers to as systematic fundamental macro strategies. ... CargoMetrics was one of the first maritime data analytics companies to seize the potential of the global Automatic Identification System. Ships transmit AIS signals via very high frequency (VHF) radio to receiver devices on other ships or land.