Press Release

Shipfix, the leading data intelligence platform for shipping and trading, announces its expansion plans for 2023

Paris/London/Singapore February, 2023. Antoine Grisay and Serge Alleyne launched Shipfix in London in 2018 to solve the email overload challenge encountered by chartering desks fixing bulk ships and dry cargo.

The ambition behind Shipfix was to help their clients achieve commercial and operational excellence by turning critical data into actionable insights and collaborative workflows.

Manual spreadsheets and lists of orders, tonnage, and fixtures are outdated by the time the information is being circulated. The critical loss of timely information means missed cargoes or vessels and ultimately less efficient trading decisions such as sub-optimal scheduling, which comes at a significant economic and environmental cost. Shipfix de-risks this process by delivering a better market communication infrastructure for all parties through Shipfix Mail, its purpose-built collaborative mail management solution for traders & brokers, as well as live maritime market analytics.

“Many of the market’s leading principals have now entrusted Shipfix with the processing of their market data, leveraging our unique insights within their trading strategy. We are entering a new growth era with a collaborative platform that truly covers the needs of the full value chain, from pre-trading analytics to post-trading workflows. Our community-driven data model comes right on time as tier1 players start capitalising on trading and operating data to de-risk their operations and build a trading edge. Many have tried to build similar business models before, we have proved that we can deliver it.”

Antoine Grisay Co-Founder & Co-CEO

In just four years, Shipfix has grown its team from 15 to 54 employees and opened offices in London, Paris, Singapore and Tbilisi. Having hired some of the industry’s brightest professionals across the product, data and commercial teams, the company remains committed to its lean and sustainable growth strategy, never making compromises on its culture of excellence. In 2022, Shipfix secured a €15 million Series A funding round led by Breega alongside Eurazeo, Aldea Ventures & Bpifrance to support its ambitious growth strategy. The proceeds are being put to work to expand the service offering beyond front-line trading and chartering, namely expanding rapidly into operations teams and physical trading. This will put them in a prime position to take advantage of industry growth, as by 2028 the compound annual growth rate for the maritime analytics market is estimated to be 11.7%.

As the market’s leading and most innovative AI empowered shipping and commodities data platform, Shipfix’s customers include some of the biggest and most reputable players in the shipping and trading industries, including Cargill, Drylog, Scorpio, Louis Dreyfus Company, Norden, Fednav, XO Shipping, TMA-Bulk, Tata NYK, Baltnav, Conti-Lines, AEC, Hellachart and Ultrabulk.

 “We’re thrilled to onboard new investors who understand our mission to streamline the workflows and markets that underpin the global economy. The commodity sector is rapidly embracing the modern era and Shipfix is strategically positioned to meet investors’ appetite for digitalising this untapped and fascinating industry.”

Serge Alleyne Co-Founder & Co-CEO

After having become a successful player in the dry cargo shipping market, Shipfix is now entering the tanker market with its best-in-class software. To support this expansion, the latest round of financing will be used by Shipfix to strategically scale its sales, marketing, and product teams to invest further in global product and service delivery.

Shipfix is an independent collaborative platform and data community for the maritime and trade sectors. It offers an operating infrastructure for principals and intermediaries alike across the market. Leveraging proprietary deep-learning processes (AI tools) developed in-house, Shipfix connects to clients’ emails to extract and anonymously aggregate billions of data points, thereby creating proprietary data feeds.

Press contact:

Josephine Morro
+44 (0) 20 8080 0814 

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