A WORD FROM THE CEO FOR 2024

Dear Clients and Partners,

Happy New Year! As we step into 2024, I am delighted to share with you Okargo’s passion and commitment to enhancing your maritime freight experience. This year is particularly meaningful as we celebrate Okargo’s 10th anniversary.

Reflecting on 2023, we have achieved significant milestones. Your valuable feedback has been instrumental in our journey, enabling us to simplify the complexities of online freight offers and make your procurement process more efficient. This has been a key factor in saving both your time and resources. We are proud to announce that we successfully integrated Okargo with Hyundai’s online portal and CMA CGM’s Spot On, reaffirming our commitment to always provide all FCL ocean carrier options available on the market.

We have continuously enriched our platform with vital information from online carrier platforms. This includes up-to-date schedules for spot offers, detailed information on different container types like Reefers (RF), Non-Operating Reefers (NOR), Shipper-Owned Containers (SOC), and more. We’ve also incorporated freetime, Demurrage & Detention costs, and updated space availability, notably from Evergreen, Cosco, and OOCL. Our technological enhancements have been geared towards improving the speed and reliability of our offer displays, making them more user-friendly and efficient. Thanks to these continuous improvements, we can now proudly state that, today, the rate of information displayed in Okargo represents 97% of the information available on carriers’ online portals.

We recently introduced the SELF UPLOAD feature, which allows you to directly upload rate sheets into our web application through a specially designed Excel template. This innovation offers enhanced speed, cost-effectiveness, and reliability in managing your freight rates.

As we embark on 2024, our focus is not just to maintain our momentum but to accelerate our efforts. We are devoted to consolidating all online carrier offers on Okargo, ensuring they are easy to navigate and compare. As the maritime industry increasingly embraces digital transformation, Okargo will be your trusted guide, offering the most up-to-date and exhaustive knowledge of the market. There is no need for concern regarding carrier innovations. We are dedicated to transforming these into information easy to compare on our platform. For carriers without APIs, we are actively developing solutions to ensure full integration into our system through web crawlers. We will continue to leverage AI technology to improve schedule information and enhance the speed of our price list processing.

Looking forward, we are expanding our services to encompass the entire container journey, from port to door. This includes integrating inland transport options provided by shipping companies, all conveniently accessible through Okargo. We are committed to assisting you in every aspect of the procurement process, ensuring you can effectively leverage new market offerings.

Your trust and partnership have been the foundation of our success. Together, let us make 2024 a year marked by efficiency and well-informed decision-making in maritime freight.

Warmest regards,

Julien Chapus

Funder and CEO, Okargo

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