Press Release

New Strategic Partnership Announcement:

SetelHellas S.A. and CyberLogitec Co. Ltd.

Piraeus, 19 May, 2016 - SetelHellas, is thrilled to announce today that it has entered a new strategic partnership with CyberLogitec Co. Ltd. Based in Seoul, South Korea, CyberLogitec is a provider of maritime IT solutions to clients such as Hanjin Shipping. With active presence in well-known Shipping hubs, CyberLogitec today serves numerous Shipping Companies, Ports and Terminals all over the Globe.

This partnership will combine SetelHellas’ business expertise as an international provider of market leading Maritime ICT solutions, with CyberLogitec’s expertise over provision of Solutions, Services, IT consulting, outsourcing, and software development that are built for today’s increasingly demanding maritime environment. It is through such partnership that among many significant business values, SetelHellas’ Maritime Solutions find another agile and prestigious Partner in the Far East.

Mr. George Marinakis, Managing Director at SetelHellas S.A. said: “We, at SetelHellas are proud to engage in such a relationship with CyberLogitec. We believe that is a perfect fit for our Local and International customers that need to increase their profitability in the rapidly changing and challenging marine environment. We are looking forward into strengthening and developing this partnership further towards achieving common goals”.

Mr. Chang, head of Maritime Business Unit at CyberLogitec Co. Ltd. quoted: “We are delighted to have this opportunity to work with SetelHellas. Transmitting various types of information with precision and speed is a key demand of clients in the maritime industry today. We look forward to this collaboration and aim to work together, not just technically but also culturally, to reach a common goal in creating a top-notch solution.”

As SetelHellas continues to grow and expand, wants to offer more business value to its customers. To that extent, it became abundantly apparent that SetelHellas, together with CyberLogitec, are committed to stay always motivated to achieve higher customer satisfaction through intensive technology research and system enhancements according to the trend of the maritime industry. Both companies are engaged to keep the whole Shipping Community always up to date.

More on SetelHellas: http://www.setel-group.com/

More on CyberLogitec: http://www.cyberlogitec.com