#234: Bringing Order to the Global Ocean Freight Industry with John Hahn, USMMA ‘04

<p style="text-align: center;"><em><span style= "font-weight: 400;">“The big vision is how can we bring order to the mess that is the ocean transportation industry on the bulk side? $1.3 trillion is being spent to transport commodities annually…this is an international business and every ship is filled to the brim. The smallest shipment we’ve done is 50,000 metric tons. What that looks like is two and a half football fields long and seven stories high….you’re talking about a very big business for the building blocks of the world and we’re trying to bring order to that.”<br /> -</span></em> <span style="font-weight: 400;">John Hahn (USMMA '04)</span></p> <p><span style="font-weight: 400;">John Hahn is a U.S. Merchant Marine Academy grad and the CEO and Co-Founder of Ocean Freight Exchange, a company he started in 2015 to optimize the global supply chain and make shipping simple by connecting ship owners and charters via their data-centric AI platform, like Uber for the freight industry. The company’s platform enables brokers to become super-brokers, save over 3 hours of time every day, and generate over 4X revenue plus a 5X bonus. They ship everything from grain, fertilizer, and metallic ore to sugar, construction materials, coal, road salt and more across the world in dry bulk, oil tanker and gas freight vessels. They currently work with 28 people in 7 countries. </span></p> <p><span style="font-weight: 400;">In this episode, we discuss:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Why the technology developed by Ocean Freight Exchange is so groundbreaking</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How Ocean Freight Exchange is solving the biggest problems in the global ocean transportation industry</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">When and how  John’s business idea for Ocean Freight Exchange came to fruition</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Tips on raising capital and