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

  • Shaking up the taxi market with smarter ride requests
    February 24, 2016
    Timothy Compston looks at the rise of Uber and ride request mobile apps. There is little doubt that the advent of Uber has come as major shock to established taxi operators and has caused regulators, cities and DOTs to rethink current regulations so they can keep pace with the changing dynamics of the marketplace.
    Read More
  • Developments in travel information display systems
    August 1, 2012
    David Crawford looks at recent developments in travel information display systems. It is important to remember that we are investing in Real-Time Passenger Information [RTPI] to increase ridership," says Robert Burke, Managing Director of New Zealand transit tracking technology specialist Connexionz, which has been involved in at-stop and remote passenger information since 1995. "Superior information improves the perception of public transport reliability and gives the passenger more choices and greater con
    Read More
  • SCANaCAR and VideoBadge counter parking’s prickly problems.
    June 4, 2014
    Colin Sowman discovers how the latest systems can boost productivity and reduce conflict in parking enforcement. Parking enforcement is something of a ‘Cinderella’ service for local authorities: while necessary to keep the roads open and the traffic flowing, it is an expensive operation and can be loss-making. It is also labour intensive and parking enforcement officers are routinely verbally abused and sometimes physically attacked. Some authorities are now looking to automate parking enforcement in orde
    Read More
  • Managed motorways, hard shoulder running aids safety, saves time
    January 30, 2012
    The announcement that, in 2012/13, work to extend Managed Motorways to Junctions 5-8 of the M6 near Birmingham in the West Midlands is scheduled to start marks the next step for the UK's hard shoulder running concept, first introduced on the M42 in 2006. The M6 scheme is in fact one of several announced; over the next few years work will start on applying Managed Motorways to various sections of the M1, M25 London Orbital, M60 and M62. According to Paul Unwin, senior project manager with the Highways Agency
    Read More

Highlighted Content