SOURCE: Triple Point Technology

Triple Point Technology

October 08, 2012 03:00 ET

Denmar Selects Triple Point's Chartering, Vessel Operations, and Freight Risk Management Software

LONDON--(Marketwire - Oct 8, 2012) -  Triple Point Technology, the leading global provider of cloud and on-premise Commodity Management software, announced today that Denmar Chartering & Trading GmbH has licensed Triple Point's shipping software for chartering, vessel operations, and freight risk management.

Denmar, headquartered in Hamburg, Germany, required a fully integrated solution to manage the chartering and post-fixture activities of its expanding dry bulk shipping business. The company selected Triple Point Chartering and VesselOps™ because it is the only solution providing real-time, enterprise-wide transparency into all aspects of its day-to-day operations on a single platform.

Chartering and VesselOps enables the commercial maritime community to make more informed and proactive decisions, streamline day-to-day operations, and protect profits. Triple Point's solution is used to manage commercial shipping operations at over eighty companies with 2,500+ users across the globe. Customers include Alfred Toepfer, Bunge, Kuok Group, Louis Dreyfus Commodities, Marubeni, Viterra, and UltraBulk.

About Triple Point Technology
Triple Point Technology® is the leading global provider of cloud and on-premise Commodity Management software that delivers advanced analytics to optimize end-to-end commodity and energy value chains. The company provides real-time, innovative solutions to competitively address the complex and volatile commodities supply chain: buying, selling, trading, and procurement; enterprise risk management; scheduling and logistics; storage; processing; and settlement and accounting.

Triple Point's Commodity Management platform enables over 400 customers in 35+ countries to profitably manage exposure to energy and raw materials across industries, including energy, metals, minerals, agriculture, transportation, shipping, consumer products (CP), industrial manufacturers, and big box retailers. Triple Point was named a "Leader" in Gartner's ETRM Magic Quadrant for its completeness of vision and ability to execute in 2009, 2010, 2011, and 2012. Founded in 1993, the company employs over 800 staff in 14 offices and support centers around the globe.

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