News

Unleashing the real benefit in charterparties and recaps for all users. Through the acquisition of Chinsay, Sea/ will make it even easier for all participants to digitise their charterparties. By combining the two companies, the whole industry will benefit from an enhanced digital charterparty eco-system with more than 450 active broker users and a total annualised volume of 34,000 fixtures.

Contracting processes have been a major pain point in the commodity and freight markets for a long time and, according to a recent survey, 36% of respondents identify non-standard, unfavourable, or risky clauses scattered across many contracts as the risk most likely to cause financial loss, while 28% said that missed deadlines, obligations or opportunities that are negotiated into the contract pose such risks.

The announcement of a security vulnerability (https://nvd.nist.gov/vuln/detail/CVE-2021-44228) in a Java code library used in many online services shook the Internet on December 10th, 2021, prompting many businesses to contact their service providers to ask whether their services are affected. Chinsay uses a different logging mechanism in the Java portions of our technology stack and does not deploy the log4j library. Neither Chinsay's ICP Intelligent Contract Platform nor the RM Recap Manager is affected by this security issue.

Chinsay and Commodities People are partnering to bring additional expertise on trade digitalisation, data and technologies to the commodities community. The partnership will result in sharing ongoing knowledge and best practice with the wider commodity audience.

New technology enables connectivity and collaboration across the industry, unlocking true value of data SINGAPORE, 9th March 2021 | Press Release Chinsay, the pioneering platform for the generation of freight and commodity contracts, is announcing today the launch of a new deployment of its Intelligent Contract Platform (ICP) for the freight industry, ICP.Freight. The new [...]

Our newly appointed EMEA Director, Aitana Conca, had a virtual sit down with Jonathan Kingsman from Commodity Conversations in an interview about her career trajectory, experience of being a woman in a male-dominated industry and reasons for seeing Chinsay as the next step in her career. “Chinsay allows me to help people with innovation and digital transformation. It [...]

SINGAPORE, 15th December 2020 | Press Release Chinsay, the leader in end-to-end trade data capture and digitalisation for the freight and commodity markets, today announced its certification for the ISO 27001:2013 standard from SGS, the world-leading certification company.

SINGAPORE/GENEVA, 9th December 2020 | Press Release Chinsay, the technology company championing digitalisation in the freight and commodity markets, is announcing today a new hire in Geneva, marking a further expansion into the freight industry with an ex-Cargill and digitalisation expert. Aitana Conca will lead Chinsay’s business in Europe, Middle East, and Africa as Director [...]