Varamar Group launches digital cargo solution

Varamar Group has launched what it claims to be the first independent online platform for the global freight market, to save time and money for users in the shipping industry, Ukraine. In phase one, Sipnext, endorsed by Baltic and International Maritime Council and European investment bank Dragon Capital, uses software to read an emailed cargo request or ship position and match cargos with ships using 70 various databases and algorithms
October 2, 2017 Read time: 1 min

Varamar Group has launched what it claims to be the first independent online platform for the global freight market, to save time and money for users in the shipping industry, Ukraine.

In phase one, Sipnext, endorsed by Baltic and International Maritime Council and 4270 European investment bank Dragon Capital, uses software to read an emailed cargo request or ship position and match cargos with ships using 70 various databases and algorithms, minimising human error. It also carries out route checks and calculates ship and port data, distances, restrictions, risk zones and rules of carriage by sea.

The next phases will be rolled out over the next 18 months with shipnext integrating various aspects and sectors of the market from tendering and negotiations, contract management, reporting, post fixing and operations. It will also provide banks with real-time charter rates, statistics and analysis.

Classification & Data Collection

For more information on companies in this article

Related Content

  • NNG launches PND for the Indian market
    September 10, 2013
    Global navigation and mapping specialist NNG continues its development automotive and personal navigation devices (PNDs) with the launch of a new PND especially designed for Indian roads. Launched in partnership with Ayana Navigation Solutions (ANS), the five-inch ANS Navigator A-501 runs on the NNG iGO primo software. The device is pre-loaded with the latest India maps and a total of over seven million points of interest (POIs). To guarantee continued reliable guidance, the unit comes with a one-year map
    Read More
  • Technology holds the key to painless parking
    March 21, 2014
    Parking has been the most innovative of all the transportation sectors in the past five years. Richard Harris, Solution Director, Xerox Services outlines some of the key drivers and trends
    Read More
  • Technology holds the key to painless parking
    March 21, 2014
    Parking has been the most innovative of all the transportation sectors in the past five years. Richard Harris, Solution Director, Xerox Services outlines some of the key drivers and trends
    Read More
  • Paraguay to launch 2014 infrastructure tenders
    February 18, 2014
    Paraguay's public works and communications ministry (MOPC) plans to begin launching tenders for five of its biggest infrastructure projects next week. Among the projects is the rehabilitation of 73 kilometres of the Villeta-Alberdi highway, which will require an investment of US$46 million with financing coming from Latin American development bank CAF. CAF will also provide financing for the US$38 million rehabilitation of the Estigarribai-Infante Rivarola route, which will help connect Paraguay to th
    Read More

Highlighted Content