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TMS marine products are arguably the most extensive and comprehensive application suites in the marine market. The company’s flagship product, ShipManager, is the industry’s fastest growing Fleet Management software and is now being adopted by many of the leading companies in the industry. |
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There are approximately 70,000 vessels in operation today and of these, less than 7,000 have any computerized data management system in place. TMS’s market share is now growing at the pace of about 250 vessels per year. |
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In addition, the company recently developed a document management/document publishing solution for the shipping industry. This application has found a niche market in the US due to certain US coast guard regulations for both tanker and non-tanker vessels. The company is now offering a Web-based solution for ships and shipping companies to fulfill the requirements of the US Coast Guard. |
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TMS has been developing applications for Flag State Management (automation of maritime authorities). The company has been short-listed as one of two players to potentially offer the automation solution to the Greek government. TMS is also in the process of participating in a similar proposal for the Panama Maritime Authority. The company is seeking to establish a unique market leading position in providing solutions to Flag States. |
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TMS has also developed solutions for management of Port Facilities and for Port Security. The company is currently seeking to partner with a Port facility to complete a pilot installation of its product. TMS is expecting to be the only commercial player offering Port Management and Port Security Solutions. |
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