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August 31, 2012

Norsul Selects Triple Point Technology's Shipping Software to Manage Chartering and Vessel Operations

By Sujata Garud, TMCnet Contributor

Companhia de Navegação Norsul (Norsul), a private maritime commerce company, has selected Triple Point Technology’s shipping software solution, Chartering and VesselOps, to manage its chartering and vessel operations. Triple Point Technology is a global provider of cloud and on-premise Commodity Management software that delivers advanced analytics to optimize end-to-end commodity and energy value chains. Norsul also considered Triple Point's ability to provide local support via its Latin American headquarters in Brazil while taking the decision. 

Triple Point Chartering and VesselOps provides a global view of vessel movements, market cargo availability, and existing cargo commitments. It 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 Limited, Kuok Group, Louis Dreyfus Commodities, Viterra, and Ultrabulk.

The selected software solution uniquely fulfills Norsul's requirements for an integrated solution that could manage current needs related to vessel chartering and post-fixture activities, and future needs related to tug and barge operations.

Norsul specializes in transporting dry-bulk and neo-bulk cargoes over inland and ocean waterways. The company is capable of serving almost all transportation needs between South American countries for iron ore, bauxite, wheat, corn, soybeans, sugar, salt, and steel products.

Triple Point Technology provides real-time, innovative solutions to competitively address the complex and volatile commodities supply chain: buying, selling, trading, and procurement; enterprise risk management; scheduling and logistics; storage; processing; and settlement and accounting.

Triple Point Technology was in news recently when it announced that Commodity SL (CSL) 7.5 completed and passed SAP's (News - Alert) Solution Qualification testing. CSL, a SAP-endorsed business solution, is designed to work seamlessly with SAP ERP. CSL is the only SAP-endorsed business solution for commodity trading and risk management (CTRM).

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2012, taking place Oct. 2-5, in Austin, TX.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.

Edited by Amanda Ciccatelli

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