Marubeni Selects Triple Point for Chartering, Vessel Operations, and Freight Risk Management

Singapore - 24 April 2012

Triple Point Technology, the leading global provider of cloud and on-premise Commodity Management software, announced today that international trading company Marubeni has deployed its cloud-based shipping software for chartering, vessel operations, and freight risk management.

Based in Tokyo, Marubeni is an international trading giant with 120 offices in 68 countries. Marubeni’s business interests include textiles, pulp and paper, chemicals, food products, energy, metals and mineral resources, transportation machinery, and power projects.

After a thorough evaluation of available solutions, Marubeni chose Triple Point Chartering and VesselOps™ because it offers the only fully integrated platform for managing chartering, post-fixture activities, and the financial aspects of vessel operations. The next-generation shipping solution provides a global view of vessel movements, market cargo availability, and existing cargo commitments. Chartering and VesselOps enables the commercial maritime community to make more informed and proactive decisions, streamline day-to-day operations, and protect profits.

Chartering and VesselOps is used to manage commercial shipping operations at over eighty companies with 2,500+ users across the globe. Customers include Alfred Toepfer, Bunge, Kuok Group, Louis Dreyfus Commodities, Viterra, and Ultrabulk.

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