Singapore – Dubai, UAE, October 27th, 2023: GeoServe, a leading maritime solutions provider today announces a new partnership with Singapore based Propel shipping. This alliance signifies a pivotal moment for both companies as Propel Shipping integrates GeoConnect, GeoServe’s advanced port disbursement platform, into its operational workflow to enhance efficiency in voyage operations.
Through this strategic alliance with GeoConnect, Propel will gain access to a proprietary web-based application designed to optimise their Disbursement Accounting process. This partnership will also provide them with access to strategic global vendor contracts for towage, pilotage, and related services in over 350 ports, as well as comprehensive cash management and foreign exchange solutions, thus presenting a holistic approach to Port Disbursement accounting.
“The GeoServe – Propel collaboration is more than just business. It’s a commitment to redefine operations by enhancing efficiencies and operational savings in avenues which were in comprehensible before” comments Gopal Sujan, Director of Propel Shipping.
GeoConnect aims to transform the perception of port disbursement handling, shifting it from a mere value-added service to an active contributor to the bottom line. With a track record of managing over 6,500 port calls annually and processing more than $300 million in port payments, GeoConnect leverages the expertise of seasoned maritime professionals, well-established processes, and innovative services.
Capt. Gaurav Arora, Head of Port DA Solutions at GeoServe, underscored the dedication to this partnership, “We are pleased to be Propel Shipping’s preferred choice. This collaboration is a testament to our dedication in delivering game-changing solutions in the Port DA space.”
Propel Shipping is a distinguished vessel owner and operator with a fleet of 40-50 chartered ships and is headquartered in Singapore, with group offices in Greece, Dubai, and India. With an annual cargo transport capacity exceeding 20 million metric tons, Propel shipping serves a diverse clientele in the Iron ore, Coal, Steel, Grain, Fertilizer, and Mineral sectors.
Founded in 2019 and built on a rich shipping heritage, GeoServe is redefining how the maritime industry can optimise various functions of vessel operations when viewed through a commercial prism. With a diverse portfolio of on-demand voyage management solutions, including vessel performance, bunker procurement, laytime services, and port disbursement management, GeoServe aims to unlock efficiency and maximize productivity for Vessel Owners, Managers and Operators.
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