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Press Release

NYK Line Chooses <span class="text-uppercase">inttra</span> <span class="evgm"><span>e</span>VGM</span> Service to Facilitate Compliance with IMO Container Weight Requirement
| Tuesday, July 19, 2016

PARSIPPANY, N.J., and SINGAPORE, July 20, 2016 -- inttra, the world's ocean shipping electronic marketplace, and NYK Line, are pleased to announce that NYK has joined the rapidly growing inttra eVGM network for facilitating compliance with new container weight requirements adopted by the International Maritime Organization (IMO), which went into effect on July 1, 2016.

NYK is offering the inttra eVGM Service to customers as one solution via which they can exchange and process the container weight information required to meet the IMO’s Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) requirement. Under SOLAS VGM, every container must have a VGM – or certified weight – to be loaded onto a ship.

“Differentiation through technology is central to the strategy of our company, and inttra is a key technology partner,” said Lincoln Leung, Head of Global Business Process Management at NYK Line. “The flexibility of the inttra eVGM solution enhances our range of customer solutions relating to SOLAS VGM, and we will benefit from the efficiencies of standardization.”

”NYK’s selection of inttra’s eVGM network is another signal that the world’s leading carriers and freight forwarders are coalescing around a common compliance solution: the inttra eVGM Service,” said Jim Whalen, inttra’s Asia President. “We welcome NYK as an important addition to the network.”

About the inttra eVGM Service

inttra eVGM Service provides the operational capabilities for digital submission, receipt, processing and auditing of SOLAS-compliant VGMs for shippers and carriers. inttra eVGM creates efficiency and simplicity by enabling the exchange of VGMs with multiple carriers in a standardized way through a single channel. The Service maximizes flexibility and minimizes business disruption by facilitating VGM submission under multiple weighing and container packing scenarios and submission use cases -- including support of third party or authorized submissions --without requiring changes to the process of booking containers or providing shipping instructions. Users can transact via EDI, web service, web online or mobile formats. For more information about inttra eVGM solutions, please email solasvgm@inttra.com.

About inttra

inttra is the world's ocean shipping electronic marketplace, information and service provider. inttra's innovative transaction and information products, combined with the scale of our network, empower our customers to trade with multiple parties and leverage ocean industry information to improve their business. We work with over 50 leading Carriers and NVOCCs, over 110,000 freight forwarders and shippers, and more than 100 software alliance partners to streamline and standardize the shipping process. Over 650,000 container orders are initiated on the inttra platform each week, representing 24 percent of global ocean container trade.

About NYK Line

The Tokyo based NYK Group is a global leader in international marine transportation with it’s container shipping division headquarters in Singapore. The Group’s mission is to contribute to better societies around the world through safe and reliable monohakobi (transportation of goods). NYK Line operates an extensive network of safe and stable liner services. The intelligent and innovative use of technology is a key pillar of NYK Line’s global service differentiation strategy.