The Marcura Group acquires G-Ports (UK) and Falmor

Middle East
20th September 2017

The Marcura Group acquires G-Ports (UK) and Falmor

Business Type: Marine Electronics

The companies combine with a vision to deliver the world’s most comprehensive reference tool for port call costs in the tramp shipping sector and develop digital chartering solutions and services.

The Marcura Group, a Dubai-based group of companies focused on providing business solutions to the maritime industry, today announced the acquisition of the UK-based companies G-Ports (UK) Ltd., which specialises in port, congestion and commodity tracking data, and Falmor Ltd., a SaaS-based cloud platform for laytime/demurrage management and collaboration. Simon Francis, the Founder & CEO of the acquired companies, has assumed the role of Group Director for Business Development of Marcura’s Digital Chartering Services.

With these acquisitions and the new Group role for Mr. Francis, Marcura plans to accelerate the expansion of its port cost indices to cover costs at terminal and berth-level. The acquisitions will also support Marcura’s strategic drive to provide its chartering customers with relevant software and data-driven solutions. With his deep experience in the dry bulk sector, Mr. Francis will be fully engaged in commercializing Marcura’s most recently launched solution: MarDocs DRY, an online fixture collaboration tool for charterers, owners and brokers.

G-Ports will continue delivering its services under its current management team, which is based out of the UK. In due course, the Group’s expanded management expects to explore further synergies within the merged companies and offer more compelling solutions.

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