Press release

Malta Freeport Terminals Upgrades to Navis N4 3.7 via Remote Assistance

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Navis, part of Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Malta Freeport Terminals upgraded to N4 3.7 with 100% remote assistance from Navis. Despite COVID-19 forcing travel restrictions around the world, Malta Freeport Terminals was determined to proceed with its business plan and achieve its set goals amidst the pandemic and leveraged remote support from Navis to stick to their timeline.

Strategically located at the center of the Mediterranean, Malta Freeport Terminals (MFT) is one of the busiest container terminals in Europe, handling a trade volume of nearly 3 million TEU annually. In Q4 of 2019, MFT initiated an upgrade project with Navis to implement the latest Equipment Control and RTG Optimization solutions to help move the terminal towards semi-automation operations through N4 3.7. Due to the dedication of both the MFT and Navis teams, the remote upgrade was successfully completed on May 1, 2020, which was right on schedule.

“With the flow of trade being more important than ever, we are constantly looking to invest in cutting-edge ways to improve our services and scale our business. Upgrading to N4 3.7 enables MFT to utilize the new generation of RTG optimization with semi automation features,” said Jesmond Baldacchino, Head of IT at Malta Freeport Terminals. “Ahead of the remote go-live, our team completed a risk assessment to mitigate any potential issues that could arise, and along with the Navis team, determined it was the right course of action to move forward. We are thrilled with the outcome and appreciate the level of support Navis provided us throughout the complete process.”

“This is a strategic shift for Navis as a company and proud moment for our team. As a partner to our customers, we want to support them to manage their business more efficiently under any circumstances,” said Chuck Schneider, Chief Customer Officer at Navis. “Being able to pivot our go-live strategy while still meeting the customer’s deadline for implementation, is a true testament to the dedication of both teams. The success of Malta Freeport has paved the way for other terminals with remote upgrades in these unprecedented times and beyond.”

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 terminal operators and ocean carriers. Navis combines industry best practices with innovative technology and world-class services to enable our customers to maximize performance and reduce risk. Whether tracking cargo through a port, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis provides a holistic approach to operational optimization, providing customers with improved visibility, velocity and measurable business results. 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 optimize global cargo flows and create sustainable customer value. Cargotec’s sales in 2019 totaled approximately EUR 3.7 billion and it employs around 12,500 people. www.cargotec.com