PARSIPPANY, N.J. and HAMBURG, Germany, May 19, 2016 /PRNewswire/ -- Hamburg Süd, one of the ten largest shipping lines worldwide, and INTTRA, the world's ocean shipping electronic marketplace, are pleased to announce that they have expanded their longstanding partnership to address the July 1st implementation of the International Maritime Organization's Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendment.
The INTTRA eVGM Service will be a channel for Hamburg Süd to receive VGM submissions from shippers to meet the requirement that all containers must have verified weights before being loaded onto a ship.
Hamburg Süd was a founding member of INTTRA's eVGM Initiative. Launched in December 2015, it brought together carriers, freight forwarders, shippers, terminals, ports, regulatory agencies and industry experts to foster dialogue and readiness within the ocean shipping community and minimize disruption across the industry.
"Hamburg Süd played an integral role in championing a 'Digital First' approach to SOLAS VGM compliance and common standards for the industry," said Inna Kuznetsova, INTTRA's President and Chief Operating Officer. "Those standards are embedded in the INTTRA eVGM Service, providing the foundation for comprehensive and flexible service."
"INTTRA eVGM Service allows an easy integration for carriers, helping to minimize disruption," said Paul Wenger, Global Head of Customer Order Management at Hamburg Süd.
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 processes. Over 650,000 container orders are initiated on the INTTRA platform each week, representing 24 percent of global ocean container trade.
About Hamburg Süd
Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG – Hamburg Süd for short – ranks among the ten largest container shipping companies worldwide. With 130 container ships, a slot capacity of over 600,000 TEU, and around 50 liner services, some 6,000 employees in 250 offices spread across the globe ensure that customers receive logistics solutions tailored to their individual needs. The transportation of fresh produce is a core competence of the shipping group. Hamburg Süd is one of the Top 5 reefer carriers and among the market leaders in the North–South trades. Since late 2014, it has also been operating on the East–West trade lanes. Founded in 1871, the shipping company is a member of the Oetker Group. With its Brazilian subsidiary Aliança and under the brand CCNI (Compañía Chilena de Navegación Interoceánica), Hamburg Süd enjoys a global presence as a quality carrier. In tramp shipping, the company operates bulk carriers and product tankers under the names Rudolf A. Oetker (RAO), Furness Withy Chartering and Aliança Bulk (Aliabulk). In addition to high quality standards, sustainable action is an integral part of Hamburg Süd's corporate philosophy.
More Information on the SOLAS Verified Gross Mass (VGM) regulations is available on: www.hamburgsud-line.com/vgm.
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