PORTS & CARGO SOLUTION

Real-Time Monitoring of Ports & Cargo

Monitor cargo accumulation using satellite technology

Why choose Skytek?

SATELLITE IMAGERY & BIG DATA COMBINED TAILOR YOUR RISK SELECTION
GLOBAL RISK AGGREGATION REAL TIME ASSET TRACKING
RAPID PRE/POST LOSS ASSESSMENT ESG TOOLS COMPLEMENTS MODELLING

Real-Time Information on Ports & Cargo

Cargo Monitoring at Ports

Using the latest Earth Observation and data analytics techniques, the platform monitors 200 ports worldwide and provides real-time data on risk accumulation. Using Skytek’s proprietary technology, total cargo exposure is calculated in near real-time.   

Skytek Ports & Cargo Monitoring
Skytek Cargo Accumulation Monitoring
Skytek uses Earth Observation imagery and Machine Learning to monitor cargo movements

Cargo Movements and Trends

Historical and trading patterns are analysed to assess trends overtime.  Over 12 key cargo categories are analysed over the 3 year period.  Excellent for model validation.

Immediate Loss Assessment

Pre and Post loss Analysis  after  severe  weather  events  and  other  catastrophes.  The ability to provide real-time feedback on potential event exposure helps eliminate market volatility and uncertainty.  Satellite imagery is incorporated into both pre and post loss assessment

Skytek ESG Scoring

ESG Scoring

A Port ESG scoring is assigned based upon vessel traffic.

Using Skytek’s proprietary technology vessel movements, cargoes etc. are monitored across the globe

Claims Management

The system allows companies to assess the validity of potentially ‘in dispute’ claims, for example oil spill.  Real time monitoring will confirm location, track movements, weather conditions, etc., to better understand underlying claim circumstances. In addition, earth observation techniques can determine and apportion responsibility for environmental breaches etc.

Skytek monitoring of vessels during the oil spill off Newport Beach, California
Skytek monitoring of vessels during the oil spill off Newport Beach, California

Case Studies

Case Study – Region Monitoring

In this fast-paced global market, business operations require the ability to monitor specific areas across the globe, especially as they face new challenges and risks every day. Insurance companies require to be informed when their fleet enters a region of heightened interest or risk. Operational businesses require detailed insights and up to date information over regions of the world in order to make decisions about future investments.

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Case Study – ESG

Monitoring compliance to environmental laws and regulations can be costly and time consuming for insurers, shipowners and regulators alike. Failure to comply with legislation relating to the recycling of vessels, such as the European Waste Shipment Regulations and UN Basel Convention, as well as local laws, may lead to serious consequences, including imprisonment of the parties involved, investigation of the insurers and heavy financial penalties. Above all, these cases will hit the media powerfully, resulting in significant reputational consequences.

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Case Study – Cruise Vessel Accumulations

In July 2020, at the peak of the global COVID lock-downs, vast volumes of major cruise
ships and car carriers were laid by in ports or idle in anchorages worldwide, resulting
in high-risk, high-density accumulations. The vessels were also at risk of breaching
compliance regulations regarding inspections and maintenance.

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