Tres Solutions’ core expertise and digital products will now integrate into NAVTOR’s offering, creating a unified platform to help shipowners and operators enhance operations and achieve competitive advantage.
NAVTOR is renowned as a global leader in e-Navigation, currently delivering a suite of innovative products to approximately 7000 individual vessels and customers in over 60 countries. In August 2020, Accel-KKR, a Silicon Valley headquartered operation with over $10 billion in capital commitments, took a majority stake in NAVTOR, giving the team the financial backing to take business development to the next level.
This acquisition, notes NAVTOR CEO Tor Svanes, demonstrates that drive. “Vessel performance optimisation is an obvious next step for NAVTOR,” he comments, “utilising our cyber secure, seamlessly connected and cloud-based e-Navigation ecosystem as a platform to enable real-time data sharing, analytics and enhanced decision making. The launch of NavFleet gives our customers a unique shoreside tool for better fleet management, and the addition of Tres Solutions’ expertise and software delivers the power to generate optimal value – taking performance data and extracting the intelligence needed to enable smarter, more profitable, and efficient operations.”
Svanes continues: “We always like to stay one step ahead, developing innovative solutions that help solve this industry’s challenges and meet customer needs. Performance optimisation is key to a more sustainable business future, so it’s a natural progression. We’ve been impressed by the Tres team and their development for some time, and now look forward to bringing an expanded suite of navigation and vessel analytics solutions to the market.”
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Aaron Holton, President & CEO of Tres Solutions
Aaron Holton, President & CEO of Tres, adds: “Shipping companies are increasingly looking for a total ship operations platform, helping them simplify workflows, improve the speed and reliability of their operations, and facilitate better decision-making. In joining the NAVTOR family, our combined businesses will offer a unique full-suite platform, giving users one powerful source of truth for their fleet operations and analytics. We see this as a very exciting step forward.”