Hive Maritime helps the shipping industry save billions of wasted dollars by optimizing routes around congested choke points.
Hive Maritime is reducing congestion in shipping lanes and ports around the world through the latest predictive analytics, operations theory, and machine learning technology. Their solution provides ship owners and operators with route optimization tools that will save over $26 Billion in operational expenses alone. By predicting the future location of ships, Hive Maritime also provide charterers and brokers with advanced intelligence on route profitability, cutting up to 10% from total voyage costs and enabling more accurate cargo arrival predictions, enhancing supply chain optimization.
Location: Cambridge, United States
- Stage: Grant
- Last round closed: 11/01/2016
- Total funding to date: Unknown
Christopher Mannion - Co-Founder and CTO
Samuel Perlik - Co-Founder