As the digitalization movement continues to power industry players forward in the race to stay ahead of the game, Klaveness Digital announces bulk volumes shipped via the CargoValue platform now represent a 700% increase on physical cargo shipped by the group in the past 12 months.

“The industry’s digitalization agenda was no doubt expedited during the pandemic, more and more companies have realized the necessity of digital transformation to survivability and profitability, it’s now either get started or get left behind,” said Aleksander Stensby, Managing Director at Klaveness Digital.

The company’s flagship product CargoValue specializes in providing industrial companies with a digital twin of their seaborne supply chain and currently caters to a large portion of the aluminium industry outside of China. “The acquisition of key accounts in the mining industry, and our largest contract to date with the cement industry, have contributed to a swift increase,” adds Stensby, referencing the company’s recent announcement with Latin American cement giant Argos Cementos who signed on to overhaul 13 of their terminals with the company.

“For the Klaveness Group the milestone represents our strategic development,” says Michael Jørgensen, Head of Dry Bulk at Klaveness. Jørgensen adds that a focus on optimizing supply chains for its close industrial clients and seeking to benefit ship owner’s earnings potential through various structures is contributing to the continued growth, “at the same time, we see the scope for digital handling of freight and supply chain increasing by the minute and remain adamant that our independent business units solve the various aspects of the industry problems through a range of tools,” he concludes.