Polaris shipping installed Cyberlogitec's OPUS Bulk

Jul 24, 2013

-  Replaces previous system to prepare for business expansion

- OPUS Bulk supports strategic decision-making and enhances work performance

Seoul, South Korea – July, 2013 – CyberLogitec Co., Ltd. (www.cyberlogitec.com), a maritime logistics IT company, announced that it completed the system installation for the Polaris shipping (www.polaris-shipping.com).

Polaris shipping is a leading international shipping company which ranks world No. 1 VLOC company and signs CVC (Consecutive Voyage Contract) with major companies like Vale, POSCO and etc.. Therefore Polaris shipping adopts OPUS Bulk which supports strategic decision-making and provides best practice-based work process to prepare business expansion.

Polaris shipping has introduced OPUS Bulk, the sales & operation management system for tramp tradecompanies, with a view to upgrade the quality of logistics service and global competitiveness. The introduction of OPUS Bulk is expected to make possible overall performance management including performance measurement and voyage analysis as well as the improvement of operational earnings and expenses through bunker costs management and outstanding Invoices management. Also, through shortened settlement period, it supports prompt understanding of business performance and strategic decision-making.

Polaris shipping's Assistant General Manager, Kim announces "We expect to reduce business risk with prompt performance data provided by OPUS Bulk and to enforce competitiveness."

Through R&D by shipping and logistics IT specialists and diverse experiences in domestic and international trampers, CyberLogitec’s OPUS Bulk solution provides a package of standardized and verified advanced processes that can be used by small, medium and large companies. Realistic costs and comes with shortly applicable solutions are suggested to those liners that still stick to the manual mode for fear of excessively involved work force, investment in IT, and anxiety about possible failure of installation.

About CyberLogitec Corporation

CyberLogitec, a affiliated company of Hanjin Shipping Holdings, is a maritime logistics solution provider, which has worldwide network including branches in U.S.A, China and Spain. The company has provided top class maritime IT solution and system to customers around the world. For more information on CyberLogitec products and service, go to the website, www. cyberlogitec.com

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