Alfa Laval
HQ: Denmark
Employee Count: 10K-50K
Year Founded: 1883
Alfa Laval provides products and technologies around heat transfer, separation, and fluid handling. Its marine department offers a range of solutions from ballast water treatment, to exhaust gas cleaning, waste heat recovery, and many other solutions.
Notable for:
- Its air lubrication system that reduces friction between the vessel and the water, lowering fuel consumption and emissions. It has been selected by several companies including, most recently, Odfjell Ship Management.
- The introduction of a methanol-fired Aalborg boiler that accommodates various types of fuel including LNG and methanol. When installed in late 2023, it will reportedly be the first time a methanol boiler has been installed onboard a ship.
- Its acquisition of StormGeo in 2021. The acquisition was part of Alfa Laval’s strategy to support the marine industry’s efforts to make operations more efficient, It will also enhance Alfa Laval’s knowledge within digital services.
American Bureau of Shipping (ABS)
HQ: United States
Employee Count: 1K-5K
Year Founded: 1862
The American Bureau of Shipping (ABS) is a ship classification society that aims to tackle key challenges facing the marine and offshore industries, helping them to deliver safe, secure and reliable operations. It has been involved in several major maritime research and development efforts over the last 12 months.
Notable for:
- Launching ABS Wavesight in December 2022. The new maritime software as a service (SaaS) company helps shipowners and operators streamline compliance while maintaining competitive, more efficient, and sustainable operations. ABS Wavesight combines ABS’ platforms Nautical Systems and My Digital Fleet.
- Agreeing to work together with HD Hyundai to develop autonomous navigation technology for critical vessel machinery and safety systems.
- Launching the Green Shipping Corridors Simulation service to support international design and development of clean energy initiatives in April 2023.
Ardmore Shipping Corporation
HQ: Ireland
Employee Count: 251-1000
Year Founded: 2010
Ardmore Shipping Corp operates global product and chemical tankers focusing on growth, excellence, and customer service.
Notable for:
- Ordering Value Maritime’s emissions-cutting Filtree system for six tankers, preparing for carbon capture integration in scheduled drydocks.
- Its partnership with Maritime Partners and Element 1 to create e1 Marine. E1 Marine has developed methanol-to-hydrogen generation technology for onboard fuel-cell grade hydrogen.
- Reducing CO2 emissions by 1,152mt through weather routing and saving 6,230mt of CO2 by hull performance monitoring.
Associated British Ports (ABP)
HQ: United Kingdom
Employee Count: 1K-5K
Year Founded: 1962
Associated British Ports (ABP) has a network of 21 ports and handles £150 billion of UK trade each year. ABP is committed to decarbonising its operations, supporting customers in building more sustainable supply chains, and investing in infrastructure to realise future renewable energy generation.
Notable for:
- Digitalsing its 21 ports as part of a collaboration with Wärtsilä Voyage. ABP will deploy Wärtsilä Voyage’s solutions including Navi-Port, Navi-Harbour Vessel Traffic Services, and Port Management Information System (PMIS) to help ABP optimise vessel planning movements and more.
- Investing £1.5 million in a programme to digitalise asset management across its 21 ports. This includes the deployment of hundreds of tablets to help engineers access real-time information.
- Reducing its CO2 emissions by over 35% since 2014 and announcing plans to invest around £2 billion to further decarbonise its operations by 2040.
Bureau Veritas Marine & Offshore (BV)
HQ: France
Employee Count: 10K-50K
Year Founded: 1828
Bureau Veritas Marine & Offshore (BV) is a classification society providing testing, inspection and certification. It focuses on quality, health and safety, environmental protection and social responsibility.
Notable for:
- Recently partnering with Swedish tanker operator Furetank to make its first deployment of a new operator-to-class data connection solution. The new capability enables BV’s machinery maintenance application (MMA) to connect directly to a vessel operator’s Kongsberg Digital K-Fleet maintenance management system.
- Signing an agreement with the Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI) to collaborate on R&D and joint industry projects related to digital classification services, smart shipping and maritime decarbonisation.
- Rolling out a holistic certification scheme at the beginning of the year for renewable hydrogen to support the renewables sector and accelerate shipping’s energy transition.
ClassNK
HQ: Japan
Employee Count: 1K-5K
Year Founded: 1899
ClassNK is a ship classification society providing technical services and support to help the industry meet its digitalisation and decarbonisation goals. It works in close partnership with industry players to develop and implement technological solutions aimed at securing a safer, greener, and sustainable future.
Notable for:
- Its involvement in a study published earlier this year that found voyage optimisation can reduce emissions by 7.3% and extend Carbon Intensity Indicator (CII) compliance by up to three years. Other parties involved include NAPA and Marubeni Corporation.
- Its involvement in the Maritime AI Research Programme along with other industry players to explore how digital technologies including AI can improve near collision detection, predictive maintenance, boat optimisation, and energy consumption prediction.
- Awarding approval in principle (AiP) for a range of technologies including GTT’s alternative fuels technology and an ammonia-fuelled liquefied gas carrier jointly developed by Tsuneishi Shipbuilding, Mitsui O.S.K. Lines, and Mitsui Engineering & Shipbuilding.
CMA CGM
HQ: France
Employee Count: 10K-50K
Year Founded: 1978
CMA CGM is a large shipping player serving more than 420 ports around the world across 5 continents. It has a fleet of around 623 vessels.
Notable for:
- The creation of a “Special Fund for Energies,” in September 2022. This is backed by a five-year, US $1.5 billion commitment designed to accelerate CMA CGM’s energy transition and achieve net zero by 2050.
- Exploring the potential for methanol-powered ships. The company announced plans to build methanol-ready ships for French freight and passenger shipping company La Méridionale in June 2023. CMA CGM is also supporting a project to explore a new methanol bunkering hub in Melbourne, Australia.
- Trialling wind-assisted propulsion. The company has confirmed it will look to install bow windshields on other ships, if tests onboard its current vessel prove successful.
DNV
HQ: Norway
Employee Count: 10K-50K
Year Founded: 1864
DNV is an international classification society headquartered in Norway. It addresses safety concerns and sustainable performance, and sets industry benchmarks. Over the last 12 months, the class society has been involved in numerous efforts to develop and bring innovative solutions to market.
Notable for:
- Upgrading its Alternative Fuels Insight (AFI) data platform to accelerate shipping’s decarbonisation. The platform includes new fuel types and new fuel price monitoring to promote cross-industry collaboration and provide greater visibility around the uptake of alternative fuels.
- Awarding a statement of fact (SoF) to Samsung Heavy Industries (SHI) for applying blockchain technology to its own SAS (Samsung Autonomous Ship) and SVESSEL eLogbook data streams on an operating vessel.
- Awarding an approval in principle (AiP) for an ammonia transport system in April 2023. SOFEC, which develops offshore mooring systems, received the AiP for its newly developed ammonia transfer system, which safely transports liquid ammonia from an onshore terminal to a remote offshore tanker.
DP World
HQ: United Arab Emirates
Employee Count: 10K-50K
Year Founded: 2005
DP World is a provider of smart logistics solutions that enables the flow of trade across the globe. As well as logistics, DP World also offers maritime solutions to governments and organisations around the world, and is actively working to develop universal marine standards.
Notable for:
- Recently announcing plans to invest US $500 million across its business to cut CO2 emissions by around 700,000t within five years. The company aims to move its global fleet of assets from diesel to electric.
- In January this year, DP World entered into a long-term partnership with A.P. Moller – Maersk to collaborate on various aspects of service delivery and achieve their decarbonisation goals.
- DP World Yarimca became the first port in Turkey to add remote-controlled electrified cranes to its operations. The cranes are designed to increase safety at the terminal.
Hapag-Lloyd
HQ: Germany
Employee Count: 10K-50K
Year Founded: 1847
Hapag-Lloyd is a large player in the global container shipping and logistics industry. The company has a fleet of 250 modern container ships and a total transport capacity of 1.8 million TEU.
Notable for:
- Introducing “Ship Green”, a new solution for climate-friendly transportation based on biofuel. Ship Green enables customers to choose three different options, representing different levels of avoidance in carbon dioxide equivalent (CO2e) emissions: 100%, 50% or 25% of their shipment’s oceanleg CO2e emissions.
- Announcing a five-year partnership with Portchain to digitise the berth alignment process between carriers and terminals. This enables earlier decisions to be made to improve schedule reliability and terminal use.
- Joining other shipping companies and freight forwarders in the development of mechanisms that allow cargo owners to voluntarily book green shipping services using zero or near-zero-emission fuels.
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Inmarsat
HQ: United Kingdom
Employee Count: 1K-5K
Year Founded: 1979
Inmarsat provides satellite communication services for maritime operational excellence, crew welfare, and safety. It serves ship owners, governments, aid agencies, and airlines, bridging connectivity gaps in remote locations.
Notable for:
- The introduction of Fleet Reach coastal LTE service for high-speed maritime connectivity near coasts and in ports.
- The announcement of the first of two new satellites planned to provide Global Xpress VSAT coverage across the Arctic. These have successfully passed thermal vacuum testing for Arctic coverage.
- Connecting Wärtsilä’s floating lab vessel Ahti to Inmarsat Maritime’s Fleet Xpress network. This enables advanced technology testing and operations.
Kongsberg
HQ: Norway
Employee Count: 1K-5K
Year Founded: 1814
Kongsberg is a technology company that delivers solutions focussing on safety, security and performance. The group consists of three business areas: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Kongsberg Digital.
Notable for:
- Raising US $90 million in investment from Shell Ventures and Idékapital in June 2023 (Kongsberg Digital). The funding will support and accelerate the growth and development of Kongsberg Digital.
- Launching EcoAdvisor in August 2022, a decision support tool for vessel performance (Kongsberg Maritime).
- Demonstrating remote and autonomous technologies on a cargo vessel operating off the coast of Norway. The demonstration was carried out over 13 hours. It was initiated, managed and monitored by the crew from the Kongsberg Remote Operating Centre (ROC) on land in Ålesund.
Korean Registry (KR)
HQ: Korea, South
Employee Count: 1K-5K
Year Founded: 1960
The Korean Registry (KR) is a classification society offering services including technical support, compliance verification, and R&D services for ships and marine structures. KR aims to promote the safety of life and property and the protection of the environment.
Notable for:
- Its work on approving autonomous technology. In February 2023, KR along with the Liberian Registry awarded an approval in principle (AiP) to Avikus, a subsidiary of Hyundai Heavy Industries (HHI), for its Hyundai Intelligent Navigation Assistant System.
- Its involvement in numerous partnerships to support the development of cyber resilience technologies. This includes a recent AiP awarded to HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a cyber resilience network and response system for the main systems of ships.
- Joining forces with MPA and seven other classification societies in April 2023 to collaborate on maritime digitalisation and decarbonisation initiatives. There is a particular focus on smart and autonomous shipping, cybersecurity, electrification, and zero- and low-carbon fuels.
Lloyd’s Register (LR)
HQ: United Kingdom
Employee Count: 5K-10K
Year Founded: 1760
Starting out as a marine classification society in 1760, Lloyd’s Register (LR) now provides a range of services for engineering and technology. The goal of the organisation is to improve safety and increase the performance of critical infrastructures for customers in over 75 countries worldwide.
Notable for:
- Acquiring GreenSteam in 2021, a marine data intelligence company specialised in improving vessel efficiency through machine learning. LR also acquired OneOcean, a supplier of voyage compliance, safety and environmental solutions in 2022.
- Acquiring a 50% interest in ISF Watchkeeper recently. The solution from IT Energy Systems and Consulting monitors work and rest hours for STCW (International Convention on Standards of Training, Certification and Watchkeeping for Seafarers) and MLC (Maritime Labour Convention) 2006 compliance.
- Integrating its web-based systems with Seably, a marketplace for online maritime training. The integration aims to ease crew training and certificate management by streamlining processes and automating the exchange of data.
Maersk
HQ: Denmark
Employee Count: 10K-50K
Year Founded: 1904
Danish shipping giant Maersk is a major player in the industry today. It is an integrated container logistics company working to connect and simplify customers’ supply chains. In the last year it has been involved in numerous partnerships and initiatives to digitalise and decarbonise the industry.
Notable for:
- In June this year, Maersk secured methanol fuel for its first container vessel able to run on carbon-neutral methanol. The vessel will operate using methanol on its inaugural journe y, from South Korea to Denmark.
- Its plans to transport 25% of its ocean cargo using green fuels by 2030. Earlier this year, Maersk confirmed it has ordered 19 methanol-enabled ships to reach this target.
- Its commitment to decarbonising logistics. In January 2023, Maersk partnered with DP World Jebel Ali Port to improve aspects of service delivery and work towards a common goal of decarbonisation.
Marcura
HQ: United Arab Emirates
Employee Count: 501-1000
Year Founded: 2005
Marcura offers a range of solutions to help digitally transform and streamline processes in the maritime industry. It currently has 8 solutions on offer, with DADesk, PortLog, and MarTrust three of the most well-known.
Notable for:
- Partnering with Veson Nautical in September 2022 to integrate their software systems. Marcura’s PortLog will be integrated into the Veson IMOS Platform (VIP) to help users better plan and manage port calls.
- Its digital crew payments management system MarTrust, which has been recently selected by Bourbon Marine Services Greenmar. Marcura’s e-Wallet and pre-paid cards optimise payment processes and enable crews to receive and manage their funds using a mobile app or web browser.
- Its disbursement accounting platform DA-Desk that automates the port cost management processes under one platform.
Marubeni
HQ: Japan
Employee Count: 1K-5K
Year Founded: 1858
Marubeni is involved in the handling of products and provision of services in a range of sectors. Its transportation & industrial machinery, financial business group includes an aerospace and ship division that is developing and creating new business areas to target current problems.
Notable for:
- Its Panamax-type bulker shipping pool, jointly established and promoted with Norwegian shipping company Torvald Klaveness. The deal includes the operating arm Klaveness Chartering, the Baumarine Pool and Market Manager, a recently commercialised digital offering that helps freight decision-makers to make better-informed decisions.
- The launch of a capital and business alliance with MarCoPay, a Philippine company that operates a digital platform for ship crews.
- Installing Orca AI on its vessels to improve situational awareness and teaming up with Spanish company bound4blue to install one of its bulk carriers with four suction sails.
Mitsui OSK Lines Ltd (MOL)
HQ: Japan
Employee Count: 251-1K
Year Founded: 1942
Mitsui OSK Lines (MOL) is one of the largest multimodal deep sea container carriers. It serves around 85 routes with more than 100 ships all over the world. MOL is an active player in many industry projects designed to help shipping digitally transform its operations, become safer and more sustainable, and decarbonise.
Notable for:
- Becoming the first company in the world in February 2023 to receive an approval in principle (AiP) for UR E26, which targets the cyber resilience of ships.
- Trialling SpaceX’s Starlink. In December 2022, MOL announced plans to work with Marlink to integrate Starlink LEO with its Sealink GEO VSAT service and its digital platform.
- Its involvement in many decarbonisation projects to improve the efficiency of its fleet. Recently MOL teamed up with Methane Abatement in Maritime Innovation Initiative (MAMII) to target methane slip. Alongside MOL Techno-Trade (MOLTT) and Akishima Laboratories, it is also looking at how to improve the fuel efficiency of MOL Group-operated vessels with a target of 5% improvement in fuel efficiency by the end of 2024.
NAPA
HQ: Finland
Employee Count: 251-1K
Year Founded: 1989
NAPA provides software, services and data analysis for both ship design and ship operations. The company combines naval architecture, shipping and digital expertise to help maritime business make better, informed decisions.
Notable for:
- Its electronic logbooks that automate and streamline mandatory reporting. In June 2023, Finnish shipping company Finnlines chose to install NAPA’s electronic reporting, fleet monitoring and stability management solutions on two newbuild ropax vessels.
- Joining forces with Damen and DNV to use the new Open Class 3D Exchange (OCX) standard to streamline classification involvement early on in the ship design process.
- Partnering with Dutch training provider Simwave to give seafarers and ship operators access to advanced stability training.
NYK Line
HQ: Japan
Employee Count: 10K-50K
Year Founded: 1885
NYK Line is a global logistics company that provides a range of services from liner trade, air cargo transportation, logistics business, the bulk shipping business, real estate business, and other business services.
Notable for:
- Its commitment to advancing digital technologies and artificial intelligence (AI). In January 2023, NYK invested in five-year-old Japanese company, Ghelia, which has been working with key players in various industries as a cross-border AI solution vendor, to implement AI solutions in customers’ business operations.
- Exhibiting a zero-emission vessel at the G7 Hiroshima summit in May 2023. NYK exhibited a conceptual design for an ammonia-ready LNG-fuelled vessel.
- Trialling Starlink in December 2022. The trials were conducted on container vessels and reportedly achieved significantly higher transmission speeds than previously available.
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Ocean Network Express (ONE)
HQ: Singapore
Employee Count: 10K-50K
Year Founded: 1942
Ocean Network Express (ONE) was formed from three Japanese liner companies – ‘K’ Line, MOL and NYK. The company has a global fleet of over 250 vessels, active participation in all major global trade lanes, deployment of the latest IT systems, and a lar ge terminal ownership portfolio.
Notable for:
- Launching the ONE Eco Calculator to help customers measure the full life cycle of CO2 emissions from cargo transport.
- Joining the Global Shipping Business Network (GSBN) in May 2023. ONE now has access to the blockchain-enabled platform, which facilitates secure data exchange across the maritime supply chain.
- Collaborating with Sony to develop a smart container solution. The goal of the solution is to improve insights on ONE’s fleet and enhance container visibility.
OneWeb
HQ: United States
Employee Count: 251-1000
Year Founded: 2012
OneWeb is a global communications company with a mission to connect everyone, everywhere. Through a global constellation of satellites in Low Earth Orbit (LEO),
OneWeb aims to deliver high-speed, low-latency services everywhere.
Notable for:
- Its current constellation of 648 LEO satellites.
- The introduction of its maritime connectivity service with speeds above 100 Mbps powered by its LEO satellite constellation.
- Its partnership with Eutelsat and Intelsat for multi-orbit connectivity across regions, incorporating OneWeb’s LEO services.
PSA Marine
HQ: Singapore
Employee Count: 251-1K
Year Founded: 1997
PSA Marine is a marine services provider, offering pilotage, towage and offshore wind farm crew transfer to ports and terminals, oil and gas, shipping and renewable energy sectors. Headquartered in Singapore, the company also has a presence in more than 10 countries across Asia, the Middle East, Europe and Latin America.
Notable for:
- Playing a key role in Singapore’s growth as a busy container transhipment hub. Expanding services to include marine advisory, ship-to-ship transfer, navigational audit, and training and consultancy services.
- Automating its operations. In March 2023, PSA Sines, the Portuguese subsidiary of PSA, ordered six Automated Rubber-Tyred Gantry (ARTG) systems from Konecranes to improve efficiency and safety.
- Joining The Silk Alliance, a cross supply-chain maritime partnership dedicated to the development of a fleet-specific fuel transition strategy for container ships operating in Singapore and the wider Asia region.
RINA
HQ: Italy
Employee Count: 1K-5K
Year Founded: 1861
RINA specialises in testing, inspection, certification and engineering solutions across a range of industries including, marine and energy. It provides remote inspection solutions for ships and maritime software for fleet management and maintenance, as well as laboratory testing for materials and equipment used in the marine sector.
Notable for:
- Recently approving a retrofit solution involving rigid sails, solar panels, and batteries that can be applied to almost any kind of vessel. The system was designed by naval architects Aurelia, in partnership with Econowind, Wattlab and Vertom.
- Signing an agreement with ABB to develop concepts to reduce emissions. It includes the development of fuel cell systems with carbon capture.
- Joining the International Windship Association (IWSA) to help develop and visualise the capabilities of wind and wind-assisted propulsion.
Seaspan Corporation
HQ: Canada
Employee Count: 1K-5K
Year Founded: 2000
Seaspan Corporation is a wholly-owned subsidiary of Atlas Corp. It is a large containership lessor, providing safe, reliable, and economical operations. Seaspan
owns and manages over 140 vessels.
Notable for:
- Plans to roll out Starlink to improve internet connectivity across its fleet. Seaspan tested Starlink in 2021 and 2022 and has reportedly received positive feedback from its seafarers.
- Joining the Methane Abatement in Maritime (MAM) Innovation Initiative, which aims to reduce methane slip from LNG engines.
- Signing a methanol-retrofit agreement with MAN Energy Solutions and Hapag-Lloyd. The agreement covers 15 methanol engine retrofits, plus the option for an additional 45 engine retrofits. Each conversion can reportedly provide a CO2 reduction of 50,000–70,000 tonnes each year, when operating on green methanol.
Shell
HQ: Netherlands
Employee Count: 10K-50K
Year Founded: 1907
Shell is a global energy company with around 87,000 employees in more than 70 countries. The company states that its goal is to work together to power progress through more and cleaner energy solutions.
Notable for:
- Working to decarbonise ports with electric facilities and charging networks. Shell Marine partnered with the Hamburg Port Authority in April 2023 to further explore vessel electrification.
- Partnering with Tel Aviv-based start-up Orca AI in June 2023 to trial a maritime navigation platform on a gas tanker to improve safety at sea. The system uses a combination of thermal cameras, low-light cameras, and data from onboard sensors to create an accurate image of the waters surrounding a ship in real-time.
- Joining a tech accelerator that was launched in September last year to reduce maritime methane emissions. Members including Shell are exploring ways to monitor and reduce methane slip from vessels fuelled by LNG.
Veson Nautical
HQ: United States
Employee Count: 251-1000
Year Founded: 2003
Veson Nautical delivers software and solutions from marine contract management, vessel document management, and data analytics, and more.
Notable for:
- Recently announcing plans to acquire VesselsValue, marking its third acquisition in three years. The acquisition will provide customers with access to reliable and timely data to improve decision making and vessel performance.
- A new partnership with Bearing, a provider of AI-powered shipping. The partnership synchronises data for voyage analysis and quick, accurate modelling of Carbon Intensity Indicator (CII) ratings.
- Integrating its software with Marcura to help common users more accurately plan and execute port calls. Marcura’s PortLog will be integrated into the Veson IMOS Platform (VIP), giving users access to PortLog’s data on port costs and port call times.
Wärtsilä
HQ: Finland
Employee Count: 10K-50K
Year Founded: 1834
Wärtsilä develops and delivers innovative technologies and solutions to help the energy and marine sectors meet some of the most pressing challenges today. Its marine portfolio consists of engines, propulsion systems, hybrid solutions, data and digital tools, liquid and gas handling on vessels, and integrated powertrain systems.
Notable for:
- Its Smart Panoramic Edge Camera System (SPECS), which provides 360° vessel view, streamlined to the bridge in real-time. The technology eliminates blind spots and maximises situational awareness. It has deployed the system to various ships, including most recently, Brittany Ferries’ Salamanca passenger ferry.
- Adding a new fast recovery tool to its NACOS Platinum System to help protect against software-related cyber incidents. The system allows crew to autonomously restore automation, navigation and control systems within thirty minutes. Royal Caribbean Group worked with Wärtsilä to develop the system.
- Partnering with DNV in May 2023 to connect Wärtsilä’s Fleet Optimisation Solution (FOS) and DNV’s Veracity for reporting purposes.
Yara Marine
HQ: Norway
Employee Count: 251-1K
Year Founded: 2010
Yara Marine provides a range of technologies to improve the performance and efficiency of ships. Its portfolio includes scrubbers for removing sulphur oxides (SOx), vessel performance optimisation solutions, and turnkey shore power solutions. In addition, it offers a wind-assisted propulsion system, WindWings.
Notable for:
- Securing its 300th vessel contract for its automated propulsion optimisation system FuelOpt in February 2023.
- Equipping more than 25 Teekay Tankers with FuelOpt following 5% fuel savings achieved during a pilot on four vessels in 2022.
- Its participation in the three year Via Kaizen project, which developed and tested an artificially intelligent (AI) semi-autonomous voyage planning system. Yara’s FuelOpt and Fleet Analytics tools were involved.
ZIM Integrated Shipping Services
HQ: Israel
Employee Count: 5K-10K
Year Founded: 1945
ZIM Integrated Shipping Services is a global container liner shipping company, providing customers with seaborne transportation and logistics services. It covers the world’s major trade routes and focuses on select markets.
Notable for:
- In August 2022, ZIM announced a data exchange partnership with WiseTech to provide CargoWise users with direct electronic messages for schedules, booking, tracking, verified gross mass, shipping instructions and bill of lading data.
- Joining up with theDOCK to provide US $10 million in series A funding for asset tracking technology company Hoopo. The funding will be used to develop a maritime-specific container tracking system.
- Joining forces with cross-border trade finance platform 40Seas to offer its digital financing solution via its website. The solution enables customers to defer payment for freight charges for a maximum period of 90 days from the invoice date.
