IMF, Oxford university launch platform to monitor Maritime trade

This is according to a statement by the IMF, a copy obtained by the News Agency of Nigeria(NAN) in Abuja on Wednesday. The statement said the platform helped policymakers and the public assess the impact of actual and future trade shocks in affected countries as well as international spillover effects.

“PortWatch is a collaborative innovation between the IMF and the University of Oxford. The open platform is available to the public as a beta version at www.imf.org/portwatch.

“Using satellite-based vessel data and big data analytics, the platform will help policymakers, analysts, and other public stakeholders assess the impact of disruptions to maritime trade.