Objectives of the service
Awake.AI is the thruster that is helping maritime operators move towards smart & optimized shipping.
MTrader project enables trading of maritime port services and products, while the launch of Marketplace with the support of ESA will enable more efficient, recurring and even automated trading for ships making port calls.
Marine ports have a unique opportunity to experience a powerful Marketplace with services & products provided for every port activity. With the utilisation of space-based assets, advanced digital services can be offered, such as:
Air and sea weather observations and provision of forecasts
Ship arrival predictions with satellite vessel positions and machine learning
Smart weather warnings
Dark ship (no AIS signal sent when it by law should be sent) detection
Additionally, through powerful APIs, the Awake platform enables other companies to build and host digital products on Awake’s Marketplace.
Users and their needs
The targeted user segments are port authorities, terminal operators, shipping agents, shipping lines, port service providers and cargo owners all over the world.
These segments share common needs such as:
Faster, automated trading of recurring port calls as well as other operational needs
Visibility to services quality and ability to participate in quality improvements
More efficient trading through increasing the competition and co-operation in port services and products
Access to new digital services tailored for ports
Transparency in the delivery of services & products with modern mobile tools
Precise, trustable weather information from multiple sources like satellite data, weather services and data from installed local sensors
Service/ system concept
The main functionality of the Marketplace is trading of:
Digital and physical products
Some of the fundamental user functions are to maintain the products catalogue, maintain organisations profile page, update user accounts, performing trading with varying levels of permissions and do reporting and financial settlements.
Marketplace is built on top of Awake’s maritime platform for ports that has been developed in the past 2 years. Therefore, MTrader’s Marketplace is a modern cloud hosted, microservices based scalable, highly available and secure solution.
Space Added Value
MTrader will utilise data provided by the entire Sentinel fleet (ESA) as well as Earth Observation data from other satellite data providers. Additionally, AIS (terrestrial and satellite) plays a significant role in the project which will also require Satellite Navigation data for the delivery of its advanced features.
This is an image from the public homepage of the Marketplace.
This is an image from the public services catalogue of the Markeplace for Port of Helsinki. Test services visible.
This is an image from the marketplacwe brochure, cover page.
Status update August 2023.
The activities have been successfully concluded.
Requirements gathering commenced immediately after the contract signing in November 2020. Over 90 requirements were collated, and an additional 10 were incorporated due to a new stipulation for integrating the Marketplace with the new Finnish European Maritime Single Window.
The design of the UI and technical planning were successfully completed. Task prioritization took place, and development commenced in collaboration with Awake.ai and external developers.
The final acceptance testing phase occurred in two stages due to a high volume of requests and a development phase that extended slightly beyond the initial plan.
Piloting agreements were formalized in the spring of 2023, marking the beginning of the piloting phase in May 2023. All planned piloting activities were concluded, yielding a wealth of positive feedback. Some of this feedback has been integrated into the future development roadmap.
During the piloting phase, Awake.AI and Fintraffic entered into a commercial contract, thereby integrating the Marketplace into Finland's new European Maritime Single Window. Additionally, in June 2023, Awake.AI's Ship Technology publication was honored with the Technology Excellence award.
The MTrader demo project reached a successful conclusion in August 2023. Awake.AI's aspiration is to expand the Marketplace's reach, initially within Europe, and subsequently integrate it with maritime software platforms, such as Vessel & Voyage Management systems. The International Maritime Organization (IMO) mandates that by January 2025, all countries must adopt a Maritime Single Window (MSW) SW solution. This presents a substantial opportunity to integrate the Marketplace with these new MSWs.