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Shipergy to leverage OpenAI’s ChatGPT in AI-powered, bunker fuel market report

19 May 2023

Tech-led bunker procurement and trading firm Shipergy on Thursday (18 May) introduced its daily market report, ‘crafted through a mix of human expertise and artificial intelligence’

Shipergy will leverage OpenAI’s ChatGPT in the writing of its new daily market report. 

Each day, the report delivers essential insights on bunker prices in different locations, the driving forces behind oil price fluctuations, and the influence of geopolitical events on oil prices.

“While similar reports exist in the market, Shipergy’s offering stands apart due to its unique use of AI and its fresh approach to sharing information,” the firm stated. 

“By leveraging ChatGPT, an advanced AI language model, the report not only provides comprehensive and consistent market analysis but also injects a touch of humour. This unique blend of information and entertainment makes the report more engaging, thereby enhancing its impact.” 

It added Shipergy’s experts will work alongside the AI to refine the report, ensuring the precise and trustworthy insights that clients expect. “This balanced blend of human intelligence and AI technology sets a new standard for market reporting,” it said.

“This is our first, small but meaningful application of AI in our business,” said Daniel Rose, CEO and co-founder of Shipergy. 

“By blending AI and human intelligence, we’re able to provide our clients with not just accurate and comprehensive market reports, but also an engaging read.”

With the successful integration of ChatGPT into its market report, Shipergy said it is exploring further uses of the AI in its operations, reaffirming its commitment to driving innovation in the bunker fuel industry.

Shipergy is the bunker procurement company within The Signal Group that was launched in June 2022. 

Manifold Times previously reported Shipergy successfully concluded more than 60 bunker procurement transactions in 37 locations across six continents for more than 40 vessels, within its first full two months of operations.  

Related: Shipergy reports more than 60 bunker procurement transactions since launch
Related: Signal Group launches tech enabled bunker procurement company Shipergy 

Note: Sign-ups for Shipergy’s free AI-powered market report can be done here.


Photo credit: Shipergy
Published: 19 May, 2023

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