Upgrade was part of modernization effort to develop and maintain state-of-the-art terminals

OAKLAND, Calif.--(BUSINESS WIRE)--Navis, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Sri Lanka Port Authority (SLPA) has gone live with Navis N4 at its Colombo Port as part of its modernizations efforts to remain competitive in the industry and optimize operations for efficiency at the port.

SLPA�s Colombo Port is a growing shipping hub in the South Asia Region, acting as a gateway for cargo to Europe, East and South Asia, the Persian Gulf, and East Africa. The transshipment port operates at 2.5 million TEU annually, and was developed to accommodate deep water berths and the latest mainline vessels. As its business was growing, SLPA�s Colombo Port needed an advanced TOS to update its offerings and aid in its business goals of modernizing the facility to ensure enhanced safety, efficiency and productivity at its location.

The Steering Committee at SLPA noted, �Working with Navis on the implementation of N4 at Colombo Port has been a collaborative effort from Access International, Navis & SLPA teams. When COVID hit last year, the organizations showed dedication to execute the project from start to finish despite the challenges brought on by the pandemic. We are thrilled to be running with N4 so we can provide the best possible service to our customers through new and automated processes which will help optimize our operations at the port.�

�One of our goals at Navis is to keep cargo flowing for our customers, and we are glad to have worked with SLPA to ensure that their team was able to implement N4 successfully during a challenging time for the industry,� said Charles Gerard, VP & General Manager, Asia-Pacific at Navis. �We are looking forward to helping them reach their business goals through our innovative solutions and hope to be an asset to them as their business scales.�

To learn more about Navis visit, www.navis.com.

About Navis, LLC

Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world�s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Through its holistic approach to operational optimization, Navis customers benefit from improved visibility, velocity and measurable business results. Whether tracking cargo through a terminal, improving vessel safety and cargo capacity, optimizing rail network planning and asset utilization, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis helps all customers streamline operations. www.navis.com

About Cargotec Corporation

Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec has signed United Nations Global Compact�s Business Ambition for 1.5�C. The company�s sales in 2020 totalled approximately EUR 3.3 billion and it employs around 11,500 people. www.cargotec.com

Contacts

Jennifer Grinold

Navis, LLC

T+1 510 499 7621

[email protected]

Geena Pickering

Gregory FCA

T+1 212 398 9680

[email protected]