Shipamax helps agricultural, energy, and mining companies hire full ships, not just containers, for transporting large quantities of goods.

Shipamax's goal is to serve both small and large clients by providing superior intelligence and faster access to shipping options.

Shipamax aims to streamline the shipping process, allowing traders to receive faster responses and better service compared to traditional brokers.

Sam Altman emphasizes that the shipping industry has not yet adopted effective technology, leaving a significant market opportunity for startups like Shipamax.

Shipamax has received job requests from 50 potential customers within its first seven weeks of operation, indicating early interest in its services.

The potential revenue from a deal with a large energy trading company could reach $15 million annually for Shipamax.

Shipamax has secured requests worth approximately $4.5 million since launching its beta, including a deal with a major energy trading company.

Today, hundreds of ships are using Bearing AI's technology, resulting in significant fuel savings and operational efficiency, which emerged from the collaboration between Mitsui's maritime expertise and my team's AI knowledge, showcasing how diverse expertise can lead to innovative solutions.

One project involved optimizing ship routes by predicting fuel consumption based on the route taken.