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Press Release: Yara Partners With BuyCo To Standardize And Optimize Global Container Shipping Operations Worldwide

Press Release

Following a successful pilot program in September 2022, Yara International ASA and BuyCo have agreed to extend their partnership with BuyCo to optimize Yara’s container operations worldwide. This includes operations in Asia, Europe, South America, North America and Africa. Today, Yara International ASA has global shipping operations which counts for +50K annual containers worldwide, making them a part of the world's top 15 container carriers. Based on their requirements, Yara was looking for a global transport management system (TMS) to streamline and standardize their global shipping operations. 

Yara’s requirement to move away from manual operations, digitize data exchanges, and manage end-to-end shipping processes on a single platform, was the key selling point for selecting BuyCo as their new TMS provider. With Yara’s global production setup, BuyCo emerged as the ideal solution and a perfect match with access to ocean contracts, real-time sailing schedules for all shipping lines, digital solutions, upload of shipping instructions / VGM with a complete visibility over the maritime supply chain.

“BuyCo’s solutions will support us in our digitalization journey by implementing one single tool to manage our container operations. This includes making the processes more efficient, improving data quality and transparency and enhancing our reporting capabilities. Additionally, BuyCo offers CO2 emission reporting features in their platform which will support Yara in achieving its sustainability objectives” says Angelo Biancardi, VP Yara Maritime Logistics

About Yara

Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger and a planet respected, we pursue a strategy of sustainable value growth, promoting climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is focused on growing a nature positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.

To achieve our ambition, we have taken the lead in developing digital farming tools for precision farming and work closely with partners throughout the food value chain to improve the efficiency and sustainability of food production. Through our focus on clean ammonia production, we aim to enable the hydrogen economy, driving a green transition of shipping, fertilizer production and other energy intensive industries.

Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry’s only global crop nutrition company. We operate an integrated business model with around 17,000 employees and operations in over 60 countries, with a proven track record of strong returns. In 2022, Yara reported revenues of USD 24.1 billion.

About BuyCo

BuyCo is a collaborative SaaS platform focused on giving importers and exporters end-to-end visibility and control over their maritime supply chain. As a centralized container shipping platform, it connects shippers, freight forwarders and 95% of all ocean carriers and streamlines information sharing, communication and collaboration. Further, BuyCo leverages AI solutions to automate steps of the shipping operation and thereby reduces the risk of error and boosts productivity. It also offers insightful reports for future planning. Buyco has a global presence with offices in the USA, France, China and the UAE.

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