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  • Photo: Zim

21.10.2022

Artikel Nummer: 41894

To track solutions from Hoopo


The Haifa-based carrier Zim has invested USD 5.5 million in a container-tracking firm. Hoopo Systems is a provider of tracking solutions for unpowered assets like dry shipping containers.

 

The investment is intended to help Hoopo develop technology for the maritime industry, including the use of solar-powered tracking devices for containers. The need for more visibility into freight movements has grown significantly since the beginning of the Covid-19 pandemic and the subsequent disruptions of supply chains.

 

The London-based maritime consultancy Drewry forecasts that the fleet of "telematics enabled container equipment" is set to grow eight-fold till 2026 and account for 25% of the global box fleet or about 8.7 million units in five years. At the end of 2021, about 3.6% of the global container fleet was equipped with such devices. (sh)

 

www.zim.com

 

www.hoopo.tech

 

 

 

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