Tor Svanes, CEO of NAVTOR
NAVTOR looks to extend its success in e-Navigation into leadership in vessel analytics and performance optimisation with the acquisition of Tres Solutions. The purchase follows on the heels of NAVTOR’s launch of NavFleet, a breakthrough fleet management application delivering real-time operational insight, performance optimisation and enhanced business decision making.
Tres Solutions’ core expertise and digital products will now integrate into NAVTOR’s offering, creating a unified platform to help shipowners and operators enhance operations and achieve competitive advantage.
NavFleet marks a new dawn for enhanced fleet management, efficiency, cost control and performance. Everything you need for better decision making in one easy application.
Global e-Navigation leader NAVTOR has announced a bold move into the realm of fleet management and performance optimisation with the launch of NavFleet. The breakthrough application, developed over the past two years in collaboration with key shipowners, opens up a new horizon of possibilities for users – enabling real-time operational insight, performance optimisation and enhanced business decision making. NAVTOR CEO Tor Svanes says the product heralds “a future of efficiency, performance, intelligence and cost control” for owners of all sizes and segments.
CCO Børge Hetland, CEO Tor A. Svanes and Managing Director at NAVTOR Germany Björn Dickehut
NAVTOR, the number one global provider of maritime e-Navigation solutions, is looking to consolidate its market leadership with a new office in Germany. The Hamburg-based division will allow NAVTOR to work closely with key local shipowners; building relationships, understanding needs and delivering products and services that enhance safety, efficiency, predictability and profitability, while simplifying operational tasks.
Investment to Accelerate Organic Growth Strategies and Catalyze Transformative M&A Expansion
NAVTOR, the leading provider in navigational software for the maritime industry, today announced that it has received a majority growth investment from Accel-KKR, a leading global software-focused investment firm headquartered in Silicon Valley.
The investment also marks Accel-KKR’s 42nd completed investment in the EMEA region since 2013 when it established a European headquarters, making Accel-KKR one of the most active software private equity firms in Europe and specifically, Scandinavia. It also marks Accel-KKR's 15th completed investment globally since the second half of March 2020.
NAVTOR has joined forces with Weathernews Inc. (WNI), the world’s largest private weather service company, to integrate Optimum Ship Routing (OSR) and advanced weather services into digital chart table NavStation. The move streamlines and simplifies tasks for navigators, while creating time and cost savings for shipping businesses, combining all planning and routing processes on a single, cyber secure platform.