GeoServe and SHINC join forces to Propel Digitized Laytime Solutions
UAE and United Kingdom, 20 December 2024
Integrating SHINC’s SAAS laytime management platform with GeoServe’s proprietary voyage management solutions paves the way towards a unified ecosystem for commercial voyage management.
GeoServe, a maritime tech company, has reached an agreement to acquire UK based SHINC. This strategic move underscores GeoServe’s commitment to deliver a fully integrated, data-driven voyage management ecosystem.
SHINC’s SAAS laytime management platform digitalises laytime calculation processes by leveraging AI and data analysis, enabling both operations and chartering departments to make more informed commercial decisions. By combining GeoServe and SHINC’s software and expertise, the synergies generated aim to enhance risk management, address capital exposure and drive process efficiency in managing laytime and demurrage claims within the shipping industry.
Sanjay Kapoor, CEO of GeoServe said, “This acquisition is more than a strategic move – it is a commitment in simplifying one of the most challenging aspects of maritime operations. By integrating SHINC’s expertise with our suite of voyage management solutions, we are paving the way for a seamless, digital, and data-driven future in this segment”.
“Joining forces with GeoServe allows us to scale our vision and integrate our technology into a broader ecosystem of digital maritime solutions, said Simon Francis, CEO of SHINC. ‘‘Together, we will empower the bulk commodity and shipping industry to achieve new levels of efficiency, drive collaboration and bring data driven value in both pre and post fixture segment”.
Founded in 2019, GeoServe is redefining how the maritime industry approaches vessel operations. With a diverse portfolio of on-demand voyage management solutions—including vessel performance, emissions management, bunker procurement, laytime services, and port disbursement management—GeoServe aims to unlock efficiency and maximize productivity for vessel owners, managers, and operators by creating a unified ecosystem for commercial voyage management.
Launched in 2023, SHINC offers a SaaS platform that digitalises the laytime & demurrage segment. SHINC empowers users to reduce workloads, eliminate errors and enhance risk management throughout the process.
We’d like to hear from you!
Contact us today and one of our experienced team
members will connect with you soon.
Stay Connected
Subscribe to our newsletter to get company updates on your mailbox.