Cargotec's Kalmar provides XVELA collaborative stowage solution to Ocean Network Express

Cargotec's Kalmar provides XVELA collaborative stowage solution to Ocean Network Express

ID: 567251

(Thomson Reuters ONE) -


CARGOTEC CORPORATION, PRESS RELEASE, 8 NOVEMBER 2017 AT 4.00 PM (EET)

Cargotec's Kalmar provides XVELA collaborative stowage solution to Ocean Network
Express

XVELA, part of Kalmar business area within Cargotec, has signed a contract with
Ocean Network Express Pte. Ltd. ("ONE") for a collaborative stowage solution.
The order has been booked into Cargotec's 2017 fourth quarter order intake. It
is a significant step in realising the Cargotec and Kalmar strategy to grow in
software business.

XVELA operates as an independent entity inside Navis, the leading provider of
software and services for terminal operators and ocean carriers. XVELA provides
a transformative, cloud-based collaboration platform that drives transparency,
efficiency and profitability to a network of ocean carriers and terminal
operators. It enables terminals, carriers and operational partners to work
together to better communicate, coordinate and synchronise their operations.

"We endeavour to achieve new levels of efficiency and deliver a new standard of
service to our customers," said an executive from Ocean Network Express. "We
believe that XVELA's innovative collaborative solution will enable us to work
more effectively with our operational partners around the world in order to
attain these goals."

With the ONE service scheduled to begin April 1, 2018, ONE stowage planners will
migrate to the full XVELA cloud-based solution.

For more information, please contact:
Stefanie Gesiorski, Marketing Manager, XVELA, +1 510 267 5542,
stefanie.gesiorski(at)xvela.com

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's sales in 2016 totalled
approximately EUR 3.5 billion and it employs over 11,000 people.
www.cargotec.com



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Cargotec Corporation via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 08.11.2017 - 15:00 Uhr
Sprache: Deutsch
News-ID 567251
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