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

  • RAC survey shows big safety gains with average speed enforcement
    January 11, 2017
    Cheaper and easier communications are providing authorities with new options for influencing driver behaviour. Colin Sowman reports. It’s official; Average speed cameras (ASCs) cut the number of fatal or serious injury crashes by more than a third.
    Read More
  • Fleet Operations launches reporting suite for fleet management
    April 29, 2019
    Fleet Operations has launched a reporting suite called Move Analytics which it says makes cost and performance analysis easier for fleet and mobility managers. Richard Hipkiss, Fleet Operations managing director, says: “Move Analytics saves companies time and money by offering smart, bespoke, reporting and immediate visibility into their operational performance." Users can access a range of business intelligence – generated nationally or internationally – such as detailed cost and performance breakdowns.
    Read More
  • Will mobile apps kick-start mobility pricing?
    January 5, 2016
    Thomas Hallauer from Ptolemus believes trials of connected road charging services will show the pay per mile concept will go much further than previously thought. Drivers are progressively becoming directly connected to the transport infrastructure and while the methods are changing, the innovation is really in the models rather than the technology.
    Read More
  • Truck platooning: the evidence is complex
    February 6, 2020
    A number of claims are made for the value of truck platooning. David Crawford looks at the figures from a new set of examples which suggest that the situation is more complex than you might think
    Read More

Highlighted Content