Press release

CORRECTING and REPLACING Navis Adds Customer Driven, Breakthrough Capabilities to N4 TOS

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Please replace the release with the following corrected version due to
multiple revisions.

The corrected release reads:

NAVIS ADDS CUSTOMER DRIVEN, BREAKTHROUGH CAPABILITIES TO N4 TOS

Navis
a part of Cargotec
Corporation
and provider of operational technologies and services
that unlock greater performance and efficiency for the world’s leading
organizations across the shipping supply chain, has released N4 3.7, the
newest version of its flagship TOS with upgraded product features and
expanded capabilities. With this upgrade, Navis continues to enhance its
core TOS functionality to meet the critical needs of its manual,
semi-automated and fully automated terminal customers.

Navis has continuously updated its software to scale with growing
business needs of its customers globally. With the 3.7 update, customers
will reach new levels of productivity, increase visibility at
multi-facility terminals and leverage operational intelligence to
deliver better insights. Highlights of new functions include:

  • Expanded General Cargo Capabilities – Advanced General Cargo
    capabilities have now enabled customers such as North Carolina Ports
    to utilize a single platform for all cargo handled at their terminals.
    These capabilities now provide customers the foundation to increase
    velocity, safety and volume within their terminals.
  • Extensive Rail Enhancements – Extensive rail enhancements to N4
    are now enabling customers like GCT Deltaport who operate on dock rail
    facilities to increase their intermodal cargo growth and rail handling
    capacity – up to 50% – in an environmentally sustainable way. The N4
    rail enhancements will offer greater options and operational
    efficiencies by speeding the transfer of intermodal containers between
    vessels and trains that carry them out of the port. In the end, these
    enhancements will provide customers certainty on transit and dwell
    times and provide certain terminals a competitive edge with customers.
  • Improved Efficiency and Visibility for Multi-facility Terminals: New
    N4 Multi-facility Carrier Operations features enable customers to
    manage multiple terminals, in different locations, all within one
    single platform. New visibility capabilities provide customers the
    flexibility to deploy berth and yard resources across facilities in a
    more cost effective and efficient manner. It enables terminals to
    divert vessels to underutilized facilities as well as view and plan
    vessel visits downstream. These real time views now provide a
    powerful, consistent management tool to drive operations and optimize
    across all terminal resources.
  • Fine tuning automated terminals: New features in N4 are
    enabling terminals to realize the real value of automation today.
    Increasing moves per hour or enabling dual cycling of containers are
    the cornerstone of allowing terminal operators to make the shift from
    asset operators to service orchestrators and generating more value for
    suppliers and customers alike across port ecosystems. Navis is leading
    the charge of continuous improvement in automation and building on our
    core software to deliver even more efficiencies for our customers.
  • Strengthened Operational Insights: Navis’ BI Portal Analytics
    and Ops Monitoring dashboards have been redesigned to deliver
    better operational insights and tuned for executives and operations
    teams. The new dashboards are now focused on simpler workflows that
    allows grouping of dashboards to make more effective and faster
    decisions regarding improving efficiencies in the gate and yard.

“As our customers continue to grow their terminal business, meeting the
demands of scaled operations is a top priority,” said Younus Aftab,
Chief Technology Officer, Navis. “We’ve made significant investments in
optimizing our solutions to support increasing terminal throughput and
these valuable additions and enhancements make N4, the world’s leading
TOS, even better. This upgrade reflects the feedback of hundreds of
customers currently operating on N4 and we built 3.7 with the goal of
helping our customers make strides in their business – whether they are
a greenfield site, fully automated or anywhere in between.”

For more information 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 shipping supply chain.
Navis combines industry best practices with innovative technology and
world-class services to enable our container terminals and carriers
alike to streamline their ocean supply chains and better collaborate
together, transforming how goods are efficiently delivered. Whether
tracking cargo through a port, automating equipment operations, or
managing multiple terminals through an integrated, centralized solution,
Navis provides a comprehensive set of solutions to optimize terminal
performance, vessel performance and cloud-based collaboration that
drives transparency, efficiency and profitability to a network of ocean
carriers and terminal operators. 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’s sales in 2018 totalled approximately EUR 3.3 billion
and it employs around 12,000 people. www.cargotec.com