Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Viaservice And Maersk Partners to Deliver More Efficient Container Management for Kenyan Customers

Viaservice-Ke, a subsidiary of Switzerland-based Viatrans SA, has entered a strategic partnership with A. P. Moller – Maersk (Maersk) to simplify container management via digital trade solutions for customers within Kenya’s logistics sector. The partnership will give Maersk customers access to Viaservice Container Solution (VCS), a digital trade financing platform that supports freight forwarders…

Viaservice-Ke, a subsidiary of Viatrans SA based in Switzerland, has formed a strategic alliance with A.P. Moller – Maersk, commonly referred to as Maersk, to streamline container management through digital trade solutions for Kenyan logistics customers. This collaboration aims to provide Maersk's customers with access to Viaservice Container Solution (VCS), a digital trade financing platform created to assist logistics stakeholders with financing for container-related transactions and enhance cash flow management throughout the supply chain.

VCS eliminates the requirement for customers to make large refundable deposits during the process, allowing for swift container release and improved business liquidity. By leveraging Viaservice's expertise in innovative digital financial solutions and Maersk's extensive logistics network, this partnership addresses a critical challenge in the logistics industry: timely and efficient trade financing access.

By providing an alternative arrangement that releases containers without traditional deposit payments, Viaservice enables customers to retain working capital for daily operations. The VCS operates on a reimbursement basis, reimbursing customers for demurrage, damage, or total loss claims on behalf of the customer. Viaservice aims to bolster the logistics sector's efficiency and resilience by fostering collaboration between shipping lines and trade-facilitation providers.

This partnership is set to expand the capabilities of VCS, promote digital trade financing solutions, and fortify the logistics ecosystem in Kenya and the broader East African region.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

More from Wednesday 12 August →