MSC and INTTRA enter into a new digital partnership to address SOLAS VGM requirements

Parsippany, NJ, and Geneva, Switzerland, (March 30, 2016) - MSC, a world leader in global container shipping, and INTTRA, the world's ocean shipping electronic marketplace, are pleased to announce a new partnership which will introduce a customer-friendly solution to new container weight safety regulations. Under the agreement, MSC will use INTTRA's eVGM software as a channel for receiving verified gross mass (VGM) submissions from shippers.

As of July 1st, under the International Maritime Organization's Safety of Life at Sea amendment (SOLAS VGM), no container will be cleared to be loaded onto a ship until the shipper or its designee provides a verified weight to the carrier.

"We are pleased to partner with INTTRA to implement their innovative 'eVGM' software on a global basis," said Fabio Catassi, Chief Technology Officer of MSC. "INTTRA's eVGM tool will help us to continue to provide superior customer service and make it as easy as possible for our clients to submit VGMs digitally. We believe this tool will help minimize potential disruption to our customers' shipments and additional costs associated with terminal storage or transportation."

In addition, MSC has joined INTTRA's eVGM Initiative - a non-commercial group of over a dozen leading carriers, freight forwarders, and terminals. INTTRA launched the Initiative to express a preference for digital transmission of VGM and establish common technology and business process standards for it across the industry.

Common standards for VGM submission are essential to the industry's efforts to reduce the cost and disruption resulting from the implementation of the new amendment. MSC is joining the eVGM Initiative to share its expertise and help the shipping community continuously refine eVGM messaging standards.

"We are happy to partner with MSC in globally adopting INTTRA's eVGM for Carriers platform, and we appreciate that they are adding their expertise to the eVGM Initiative," said INTTRA CEO John Fay. "MSC is taking a strategic step to embrace our eVGM solution on a large scale and is an early leader in using technology to resolve the changes that SOLAS VGM has created for the industry. "

INTTRA's industry-leading eVGM software - available in two versions, for Carriers and Shippers - offers the benefits of a standardized approach, a high level of flexibility and reporting capabilities. It helps to achieve SOLAS VGM compliance in time for implementation of the amendment and reduce disruption to existing business processes. It can also facilitate transmission of VGMs from carriers to terminals - another step required before a container can be loaded - and provide the necessary audit reporting.

INTTRA eVGM for Shippers enables timely submission of VGMs to carriers, whether or not shippers book containers or submit shipping instructions through INTTRA. Both solutions will be offered in a range of EDI and Web service formats, and accommodate eVGM submission via email. Anyone interested in learning more about INTTRA eVGM solutions can write to solasvgm@inttra.com

About INTTRA
INTTRA is the world's ocean shipping electronic marketplace, information and service provider. INTTRA's innovative transaction and information products, combined with the scale of our network, empower our customers to trade with multiple parties and leverage ocean industry information to improve their business. We work with over 55 leading Carriers and NVOCCs, over 110,000 freight forwarders and shippers, and more than 100 software alliance partners to streamline and standardize the shipping processes. Over 650,000 container orders are initiated on the INTTRA platform each week, representing 24 percent of global ocean container trade.

About MSC
MSC Mediterranean Shipping Company is a privately owned, global shipping company founded by Gianluigi Aponte in 1970. As one of the world's leading container shipping lines, MSC operates 480 offices in 150 countries worldwide with over 60,000 employees. With access to an integrated network of road, rail and sea transport resources which stretches across the globe, the company prides itself on delivering global service with local knowledge. MSC sails on more than 200 trade routes, calling at over 315 ports. Through its subsidiaries, TIL Terminal Investment Limited and Medlog, MSC has developed terminal and logistics infrastructure all over the world.