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mjunction signs strategic alliance with Shipnext of Ukraine

Kolkata, February 18: mjunction, India’s largest B2B ecommerce company, today entered into a strategic alliance with Ukraine-based SHIPNEXT Trading Limited, a digital automated shipping marketplace and network. mjunction has been providing online Ocean Vessel Chartering services for the past 4 years to enable its clients to transparently discover charter rates through competitive bidding. The platform has helped finalise contracts to ship 95 million tonnes of cargo, enabling significant savings, so far.

With this alliance, mjunction plans to fulfil the emerging needs of its clients such as vessel tracking, price benchmarking and cargo consolidation. They will also get direct access to SHIPNEXT’s panel of ship owners and operators.

mjunction MD & CEO Mr Vinaya Varma said, “This alliance will provide superior value-added services to our clients.”

SHIPNEXT CEO & founder Mr Alexander Varvarenko said, “I am happy to partner with mjunction on this and hope that mjunction’s large cargo base will help attract more traffic, as well as ship owners and ship operators on our platforms.”