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

  • Machine vision makes progress in traffic applications
    June 2, 2014
    Machine Vision technology is easing the burden on hard-pressed control room staff and overloaded communications networks.
    Read More
  • HeERO - harmonising e-Call across Europe
    March 1, 2013
    The second stage of the EC’s HeERO project, which aims to address some of the issues surrounding the eCall system, has just got underway. Jason Barnes reports. As the European Commission (EC)’s Har­monised eCall European Pilot (HeERO) project progresses into its second stage, ‘HeERO 2’, significant progress has already been made in addressing the technological and institutional issues relating to the pan-European deployment of an eCall system based around the new ‘112’ universal emergency telephone number.
    Read More
  • Widest bridge in the world Port Mann open in Vancouver
    April 25, 2013
    Port Mann Bridge, designed to growing regional congestion and improve the movement of people, goods and transit throughout greater Vancouver, is now open for business. The widest bridge in the world, the Port Mann Bridge located in the metro Vancouver area, in British Columbia, Canada, features an Open Road Tolling (ORT) system, also called All Electronic Tolling (AET), which will ultimately cross all 10 lanes of traffic.
    Read More
  • EU support for transport links in Vienna, Sweden, Finland
    November 15, 2013
    The European Union will use over US$15 million from the Ten-T programme to co-finance two initiatives for the extension of Vienna’s tri-modal port container handling capacity and a project to upgrade the transport link between northern Sweden and western Finland. The project to extend Vienna’s tri-modal port will receive funds of over US$7 million and includes studies and works which will help eliminate major bottlenecks in the port's transfer and combination capacity. The studies will plan and design
    Read More

Highlighted Content