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Cloud-Based Management for Shipping Planned

Inventory Locator Service signed a memorandum of understanding with Danaos Management Consultants to collaborate on developing a cloud-based procurement and management service for the shipping industry. They said the technology "has the potential to minimize cost for spares and maintenance…

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while increasing visibility and continuity of supply." The companies will develop a platform called MarineHubsm, a network of companies in the marine industry that will facilitate planned maintenance and procurement of spares for ship owners, managers and suppliers worldwide using cloud technology, they said.