Press release

Navis and Loginno Collaborate to Explore Impact of Smart Containers on the Future of Container Operations and Container Movement Visibility

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Sponsored by Businesswire

Today, Navis,
a part of Cargotec
Corporation
, and the provider of operational technologies and
services that unlock greater performance and efficiency for the world’s
leading organizations across the shipping supply chain, announced its
strategic cooperation with Loginno,
a logistics IoT visionary. With Loginno, Navis takes a step towards
helping customers achieve container visibility through the availability
of smart container technology at the terminal, on the vessel journey and
to inland logistics. This has the potential to provide container
shippers with more context on the location and condition of container
cargo across the end to end container supply chain.

“We see tremendous value in creating a major Contopia use case with
Navis and the world’s first digital shipping company, leveraging Navis’
deep knowledge of TOS, stowage planning systems and operational
processes for carriers and terminals and our cutting-edge smart
container technology,” said Shachar Tal, Loginno Founder. “Through the
added context from Navis to the Contopia scenario, terminals, carriers
and shippers will have more accurate data to make operational decisions
about the movement of the cargo, thereby saving costs and improving each
constituent’s operations.”

Currently, only about five percent of containers have tracking sensors
on them, making it difficult for shippers to achieve complete
transparency throughout the shipping lifecycle. Recently, Navis has been
exploring ways to provide more insights for ocean carriers, terminal
operators and their logistic partners and customers to help them connect
the dots between container and cargo location tracking and the actual
logistics management of the container. Loginno’s advanced shipping
container “brain” sensors are replacing one vent of the container and
measure cargo conditions as well as the container’s location and
external surroundings. When data from these sensors is combined with
Navis’ data, all parties can gain deeper insight into the condition and
movement of the freight, its actual versus planned arrival and critical
events such as when a container has been damaged, when it actually is
available for pick-up, when it is on customs hold.

“This cooperation is in line with Navis’ continuing vision of supporting
the end-to-end container flow through innovation,” said Andy Barrons,
Chief Strategy Officer, Navis. “Through our Navis
SMART
initiative and this new cooperation with Loginno, we hope to
open a new door to more real-time data analytics in ocean shipping and
explore more use cases for applying intelligence to the container, and
unlock Contopia.”

The joint cooperation will extend to include the Contopia competition,
an initiative aimed towards shipping companies looking to connect their
containers to IoT, producing real-time data. The winner will equip their
fleet with Loginno’s patented asset tracking devices, making it the
world’s first truly digital shipping line with smart containers. The
competition results will be announced during Nor-Shipping 2019 in June.

To learn more about Navis visit www.navis.com
and to learn more about Loginno visit https://loginno.com.

About Navis, LLC

Navis, a part of Cargotec Corporation, is a provider of operational
technologies and services that unlock greater performance and efficiency
for the world’s leading organizations across the shipping supply chain.
Navis combines industry best practices with innovative technology and
world-class services to enable our container terminals and carriers
alike to streamline their ocean supply chains and better collaborate
together, transforming how goods are efficiently delivered. Whether
tracking cargo through a port, automating equipment operations, or
managing multiple terminals through an integrated, centralized solution,
Navis provides a comprehensive set of solutions to optimize terminal
performance, vessel performance and cloud-based collaboration that
drives transparency, efficiency and profitability to a network of ocean
carriers and terminal operators. www.navis.com

About Cargotec Corporation

Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a
better everyday with its leading cargo handling solutions and services.
Cargotec’s business areas Kalmar, Hiab and MacGregor are pioneers in
their fields. Through their unique position in ports, at sea and on
roads, they optimize global cargo flows and create sustainable customer
value. Cargotec’s sales in 2018 totaled approximately EUR 3.3 billion
and it employs around 12,000 people. www.cargotec.com

About Loginno

Loginno is creating Contopia (Container Utopia), the world’s
Internet-of-Shipping-Containers infrastructure, by partnering with
shipping companies to convert entire container fleets to smart
IoT-enabled data miners, mining cargo and voyage data through a patented
low-cost shipping container “brain”. Contopia data unlocks countless
possibilities and business models throughout the shipping container
logistics chain. Loginno is leading an all-star initiative to select one
shipping company, whose entire container fleet will be digitalized
starting 2019. www.loginno.com