Shipping’s big guns and some of the brightest and wealthiest minds in Silicon Valley are reportedly tapping shipping data in a bid to gain a competitive investment edge.

Boston-based CargoMetrics collects data about the movement of commodities by ship and is then said to sell the data to hedge funds.

The company is said to have developed a “groundbreaking analytics platform which offers comprehensive, dynamic information on the movement of the global supply of the world’s commodities.”

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