Levelseas

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About

LevelSeas was founded in April 2000 to deliver the benefits of new technology to bulk ocean transportation through the provision of voyage management services and a "Life of Voyage" chartering system. LevelSeas aims to reduce costs, increase efficiencies and provide greater access in today's shipping environment, whilst delivering significant value to a broad community of large and small industry players.

LevelSeas has the backing of 34 shareholders including eVolution, venture capitalists backed by Kleiner Perkins Caulfield Byers, Texas Pacific Group and Bain & Company and 33 shipping industry leaders: Armada Mitsubishi Corporation Bergesen d.y. ASA A M Nomikos Transworld Maritime Billiton Marketing Norden Bocimar OMI Corporation BP Pan Ocean Shipping Cargill R S Platou Shipbrokers a.s. Chevron Transport Corporation Ltd Rio Tinto Shipping Clarksons I M Skaugen ASA Clipper Bulk Shipping Shell Coeclerici Armatori Somarelf SA eVolution Teekay Fednav Ltd A/S Dampskibsselskabet Torm Glencore International Transfield Shipping Leif Hoegh & Co Tschudi & Eitzen Bulkers Lauritzen Bulkers A/S V Ships Liberty Shipping Group Partnership Ltd Western Bulk Carriers Holdings Maersk (AP Moller) World-Wide Shipping Group Ltd These shareholders recognise the need for an independent on-line marketplace, which brings together buyers, sellers and brokers of bulk ocean freight across the world. The announcement of LevelSeas' second round of investment further demonstrates LevelSeas' commitment to develop strategic alliances and relationships with other businesses in the industry to ensure recognition as the industry standard. HOW IS LEVELSEAS DIFFERENT? LevelSeas will work with customers to harness technology in order to create a more effective marketplace. LevelSeas does not seek to revolutionise, but instead will take a co-operative and practical approach towards change.

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