DNB Markets and Xeneta have joined forces to develop an ‘earning’s crystal ball’ for the boxship sector.
The investment bank and the freight benchmarking platform said DNB has tapped into Xeneta's up to the minute data to accurately forecast the earnings of Maersk Line before their official release.
Xeneta crowd-sources shipping data from more than 700 businesses.
It has a database of more than 55m contracted rates.
Nicolay Dyvik, head of shipping research at DNB Markets, said this sheds light on the complex container shipping market, allowing his team to "glean unique insights and make informed recommendations to customers seeking to buy and sell stock."
