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Japan Backs IMX in Dry Bulk Venture

Maritime Activity Reports, Inc.

October 25, 2001

Maritime software provider, Strategic Software, and e-JAN corporation, the Japanese internet shipping group established by NYK Line have announced a joint venture to be launched on November 1, 2001. The two companies have joined forces to create e-JAN/DrybulkIMX, a web-based application enabling seamless data exchange and management, for companies involved in dry bulk ocean transportation.

e-JAN/DrybulkIMX is a set of tools to support the pre-fixture chartering and post-fixture voyage management process. The application will enable users to share data in a private and confidential environment.

Through close dialogue with e-JAN’s members and Strategic’s customers, the ongoing development of e-JAN’sbulkIMX will closely reflect user requirements. It will initially focus on offering tools to elimintate labor intensive, data retyping tasks in connection with the management and communication of vessel positions and cargo orders. Sophisticated filtering capabilities contribute to more efficient sorting and management of incoming information.

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