The Marcura Group Acquires G-Ports (UK) and Falmor Ltd
Marcura, a Dubai-based group of business solution experts within the maritime industry, has announced the acquisition of the UK-based companies G-Ports (UK) Ltd, a port, congestion and commodity tracking data specialist, and Falmor Ltd, a SaaS-based cloud platform for lay-time/demurrage management and collaboration.
Simon Francis, the Founder and CEO of the acquired companies, has assumed the role of Group Director of Business Development of Marcura’s Digital Chartering Services.
With these acquisitions and the new Group role for Mr Francis, Marcura plans to accelerate the expansion of its port cost indices to cover costs at terminal and berth-level. The acquisitions will also support Marcura’s strategic drive to provide its chartering customers with relevant software and data-driven solutions. With his deep experience in the dry bulk sector, Mr Francis will be fully engaged in commercialising Marcura’s most recently launched solution: MarDocs DRY, an online fixture collaboration tool for charterers, owners and brokers.
Mr Christian Haunso, Co-Founder and Group Chair of Marcura, commented on the acquisition: “A key determinant for any acquisition is a convincing business and cultural fit. This is certainly the case with Simon Francis and his team. We have acquired two businesses that are all about solving real industry problems, always with the customer at the centre of the solutions. Simon has shown a deep understanding of chartering and operational shipping processes and has a proven track record of delivering sustainable solutions to the industry.”
G-Ports will continue delivering its services under its current management team, which is based out of the UK. In due course, the Group’s expanded management expects to explore further synergies within the merged companies and offer more compelling solutions.
Mr Francis said: “I’m very excited to join forces with The Marcura Group. We share a vision and combining our efforts will allow us to develop some excellent software and data-driven solutions for the shipping and commodity markets.”
Mr Jens Lorens Poulsen, Co-Founder & Group CEO of Marcura, said: “Marcura’s acquisition of G-Ports and Falmor fits our strategy perfectly. By working with our customers and other partners, Marcura raises industry standards. We are not just about improving processes but also providing information that is very relevant to the respective digital journey of industry participants.
“We view our role as that of a large-scale utility service provider, keeping our customers’ voyage management systems updated in a reliable manner. This has required us to build a compelling Maritime Master Data Environment and a Maritime Benchmarking Database, which when combined with external data sources, allows us to generate high-quality decision support data for universal use by our customers in chartering and operations. This latest acquisition greatly enhances the value-add that we can provide the shipping industry.”