SIH26006 · Ministry of Steel / SAIL
Freight Forecasting Model for Vessel Chartering and Bulk Cargo Procurement
Move from repeated single spot contracts to planned short-term and medium-term multi-voyage contracts for bulk cargo arriving at India's East Coast ports.
What this system delivers
Optimal Market Entry Timing
Forecast freight rates and identify the best window to secure short-term or mid-term charter contracts for a given cargo requirement.
Open forecast →Vessel Type Optimization
Recommend Handysize, Supramax, Panamax or Capesize for the cargo volume and route, within draft, LOA and handling limits at both ports.
Open voyage & charter →Idle Scenario Management
Compare positioning and employment options that reduce waiting time and avoid empty ballast legs.
Open idle scenarios →Risk Mitigation
Early warnings on market volatility, port congestion and other disruptions, with the port constraints for the active lane.
Open risk assessment →Freight rates, congestion, vessel counts and ETAs are labelled as live, historical, configured or simulated wherever they appear.