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Cargo Shipping Company Signs Subscription Agreement for StowMan Vessel Pool

Oakland, CA and Flensburg, GermanyMay 13, 2021Navis, the leading provider of maritime software solutions for efficient and compliant cargo, stowage planning and vessel performance, announced King Ocean Services Ltd. has signed a subscription agreement with Navis’ StowMan Vessel Pool to increase their stowage operations’ efficiency which will positively impact their bottom line.

King Ocean Services is among the market leaders in the regional niche trade lanes in which it serves – most prominent are services from South Florida to Colombia, the Dominican Republic, Aruba, Curacao and the Antillean Islands. As stowage operations are one of the most fundamental practices for ocean carriers because efficient stowage operations have a direct impact on making daily business safer and more profitable, it was a priority for King Ocean Services to find a solution to optimize its stowage operations. They selected Navis’ StowMan Vessel Pool solution to meet their needs and help them reach their business goals with the leading stowage software in the market.

“With the increasing complexity and volume of the global seaborne trade, it is highly vital to operate with innovative and futuristic solutions that will help us increase our value-added operations and remain competitive in the industry,” said Franco Da Costa Gomez, CFO at King Ocean Services Ltd. “With Vessel Pool, our planners will be able to swap ship profiles easily without being trapped in intensively time consuming administrative processes. As a result, we will not solely save a significant amount of time, but will also increase our stowage operations “cost effectiveness.”

Vessel Pool empowers planners and stowage operations to be less dependent on third parties which particularly paves the way for replacing the antiquated methods of working and purchasing ship profiles. This helps planners save time and ocean carriers reduce operational costs. Additionally, planners gain full visibility of any ship profile that is in the Navis database – which holds 65% of the container market share – and the rich Navis StowMan database also allows planners to always work with up-to-date ship profiles. Thus giving ocean carriers best practices on increasing efficiency of their stowage operations with holistic and contemporary solutions.

“Ensuring efficient stowage operations may be far more complex and challenging than one thinks, due to antiquated methods as well as fast-growing and demanding nature of the global seaborne trade. In order to address the needs of ocean carriers, we have continuously enhanced our StowMan stowage solution,” said Jacques Marchetti, General Manager of EMEA at Navis. “As a result, we are able to leverage more efficient stowage operations with StowMan’s Vessel Pool solution/module which ultimately helps ocean carriers save operational costs.”

To learn more, visit the Navis Carrier and Vessel Solutions page.

About Navis, LLC

Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Through its holistic approach to operational optimization, Navis customers benefit from improved visibility, velocity and measurable business results. Whether tracking cargo through a terminal, improving vessel safety and cargo capacity, optimizing rail network planning and asset utilization, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis helps all customers streamline operations. www.navis.com

About Cargotec Corporation

Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec’s business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec has signed United Nations Global Compact’s Business Ambition for 1.5°C. The company’s sales in 2020 totalled approximately EUR 3.3 billion and it employs around 11,500 people. www.cargotec.com

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