Maersk Tankers is working with shipping data hedge fund CargoMetrics to create trading signals to assist in its chartering decisions.

The product tanker owner joined forces with CargoMetrics, in which Clarksons and Idan Ofer are shareholders, in what it called a "ship-sized" investment last August.

Maersk Tankers chief executive Christian M Ingerslev says: “What we would like to move away from is just having market predictions to having firm trade signals based on data.