GTT Strategic Ventures Invests in Finnish Maritime Software Company Seaber.io

GTT Strategic Ventures Invests in Finnish Maritime Software Company Seaber.io

(IN BRIEF) GTT Strategic Ventures, alongside Counterview Capital, Lifeline Ventures, and Tesi, has invested in Finnish maritime software company Seaber.io. Based in Helsinki, Seaber.io specializes in digitalizing scheduling and chartering for bulk shipping, utilizing AI and machine learning for real-time fleet management and optimization. The platform also offers scenario simulation tools, real-time collaboration, and efficient resource management to reduce emissions. This investment strengthens GTT’s presence in maritime digital services, with both companies aiming to advance sustainable shipping operations.

(PRESS RELEASE) PARIS, 9-Jul-2024 — /EuropaWire/ — GTT Strategic Ventures, the investment arm of the GTT Group, has announced its investment in Seaber.io, a Finnish maritime software company specializing in the digitalization of scheduling and chartering processes for bulk shipping. The investment is made in collaboration with Counterview Capital, Lifeline Ventures, and Tesi.

Seaber.io, headquartered in Helsinki, leverages artificial intelligence, industry best practices, and machine learning to help shipping companies optimize their scheduling and pre-fixture processes. Its cloud-based solution offers dynamic, real-time management of cargo and maritime fleets, enhancing Time Charter Equivalent (TCE) and overall fleet profitability.

The platform includes advanced planning features and scenario simulation tools, allowing ship-owners and charterers to make informed strategic decisions. It also supports real-time collaboration between chartering teams and fleet managers, facilitating multi-port, multi-order voyages. This leads to reduced port times, minimized ballast voyages, and lower emissions.

Seaber.io’s technology provides accurate voyage and cost estimates using historical data and updated forecasts, enabling efficient resource management for each voyage.

Hélène Loncin, Head of GTT Strategic Ventures, stated: “This investment reinforces GTT’s presence in digital services for the maritime industry. Seaber.io’s technology significantly advances bulk shipping optimization, and we are proud to support sustainable maritime operations.”

Sebastian Sjöberg, Founder and CEO of Seaber.io, added: “Our vision is to support the shipping industry as it embraces technology for better efficiency. Our solution has already achieved significant savings for our customers, and GTT’s commitment bolsters our mission to decarbonize shipping.”

About GTT
GTT is a technology and engineering group with expertise in the design and development of cryogenic membrane containment systems for use in the transport and storage of liquefied gases. Over the past 60 years, the GTT Group has designed and developed, to the highest standards of excellence, some of the most innovative technologies used in LNG carriers, floating terminals, onshore storage tanks and multi-gas carriers. As part of its commitment to building a sustainable world, GTT develops new solutions designed to support ship-owners and energy providers in their journey towards a decarbonised future. As such, the Group offers systems designed to enable commercial vessels to use LNG as fuel, develops cutting-edge digital solutions to enhance vessels’ economic and environmental performance, and actively pursues innovation in the field of zero-carbon solutions. Through its subsidiary, Elogen, which designs and manufactures proton exchange membrane (PEM) electrolysers, GTT is also actively involved in the green hydrogen sector.

GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in the CAC Next 20, SBF 120, Stoxx Europe 600 and MSCI Small Cap indices.

For more information, visit www.gtt.fr.

About Seaber.io
Seaber is a Finnish maritime software company dedicated to reducing inefficiencies, costs and the environmental impact of bulk and break bulk shipping. The Seaber software solution helps charterers and shipowners plan, communicate, operate and optimise pre-fixtures, cargo flows and fleet schedules. This results in improved asset utilisation and profitability, streamlined port calls as well as reduced fuel consumption and emissions. Seaber’s mission is to drive the digital transformation of maritime logistics and the entire shipping industry.

https://seaber.io/

Media Contact:

Investor Relations Contact:
information-financiere@gtt.fr
+33 1 30 23 20 87

Press Contact:
press@gtt.fr
+33 1 30 23 56 37

SOURCE: GTT